CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,587 shares of the company’s stock after acquiring an additional 494 shares during the period. Motley Fool Asset Management LLC’s holdings in CrowdStrike were worth $1,682,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Semanteon Capital Management LP bought a new stake in CrowdStrike during the 4th quarter valued at $1,269,000. Bank Julius Baer & Co. Ltd Zurich raised its stake in CrowdStrike by 0.7% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 67,457 shares of the company’s stock valued at $17,223,000 after acquiring an additional 481 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of CrowdStrike by 0.6% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 128,953 shares of the company’s stock worth $32,924,000 after buying an additional 822 shares in the last quarter. Abbrea Capital LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth $207,000. Finally, Pittenger & Anderson Inc. raised its stake in shares of CrowdStrike by 319.8% in the 4th quarter. Pittenger & Anderson Inc. now owns 4,975 shares of the company’s stock worth $1,270,000 after buying an additional 3,790 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now directly owns 208,961 shares in the company, valued at $64,525,067.19. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,786 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $331.52, for a total transaction of $592,094.72. Following the sale, the chief accounting officer now directly owns 34,350 shares in the company, valued at approximately $11,387,712. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock worth $72,113,932. Company insiders own 5.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $400.00 target price on shares of CrowdStrike in a research report on Monday, April 8th. Sanford C. Bernstein began coverage on CrowdStrike in a research report on Thursday, January 18th. They set an “outperform” rating and a $334.00 target price on the stock. Guggenheim lifted their price target on CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Raymond James began coverage on CrowdStrike in a report on Tuesday, January 30th. They set an “outperform” rating and a $330.00 price target on the stock. Finally, HSBC lifted their price target on CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike Stock Up 2.0 %

Shares of CRWD traded up $6.05 during midday trading on Friday, hitting $304.07. The stock had a trading volume of 2,004,893 shares, compared to its average volume of 3,528,025. The company has a 50 day simple moving average of $314.71 and a two-hundred day simple moving average of $268.13. CrowdStrike Holdings, Inc. has a twelve month low of $115.67 and a twelve month high of $365.00. The firm has a market cap of $73.55 billion, a price-to-earnings ratio of 844.66, a price-to-earnings-growth ratio of 11.90 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The business had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. On average, analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

CrowdStrike Profile

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.