Charles Carroll Financial Partners LLC Acquires 3,485 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Charles Carroll Financial Partners LLC increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 70.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,405 shares of the company’s stock after purchasing an additional 3,485 shares during the quarter. CrowdStrike accounts for about 2.3% of Charles Carroll Financial Partners LLC’s holdings, making the stock its 14th biggest holding. Charles Carroll Financial Partners LLC’s holdings in CrowdStrike were worth $2,146,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Morgan Stanley increased its position in shares of CrowdStrike by 124.4% in the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after acquiring an additional 2,757,251 shares during the period. Jennison Associates LLC lifted its stake in CrowdStrike by 33.2% in the 4th quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock valued at $1,618,938,000 after buying an additional 1,581,796 shares in the last quarter. International Assets Investment Management LLC lifted its stake in CrowdStrike by 22,542.6% in the 4th quarter. International Assets Investment Management LLC now owns 734,300 shares of the company’s stock valued at $187,481,000 after buying an additional 731,057 shares in the last quarter. Invesco Ltd. lifted its stake in CrowdStrike by 52.3% in the 3rd quarter. Invesco Ltd. now owns 1,249,776 shares of the company’s stock valued at $209,188,000 after buying an additional 429,186 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in CrowdStrike by 17.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock valued at $463,482,000 after buying an additional 419,619 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

CRWD stock traded up $6.67 during trading on Friday, reaching $310.21. 4,080,846 shares of the company were exchanged, compared to its average volume of 2,179,299. The company has a market cap of $75.03 billion, a P/E ratio of 861.72, a PEG ratio of 12.41 and a beta of 1.08. CrowdStrike Holdings, Inc. has a 52-week low of $117.45 and a 52-week high of $365.00. The stock’s 50 day moving average price is $313.47 and its 200 day moving average price is $272.11. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The company had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. As a group, analysts predict that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $400.00 price target on shares of CrowdStrike in a research note on Wednesday, April 17th. Truist Financial increased their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. HSBC increased their price objective on shares of CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Susquehanna increased their price objective on shares of CrowdStrike from $330.00 to $410.00 and gave the company a “positive” rating in a report on Thursday, March 7th. Finally, BMO Capital Markets increased their price objective on shares of CrowdStrike from $332.00 to $425.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $371.87.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Burt W. Podbere sold 26,097 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.61, for a total transaction of $8,497,444.17. Following the completion of the transaction, the chief financial officer now directly owns 347,792 shares of the company’s stock, valued at approximately $113,244,553.12. The disclosure for this sale can be found here. Insiders have sold 223,544 shares of company stock valued at $72,113,932 over the last quarter. Corporate insiders own 5.68% of the company’s stock.

About CrowdStrike

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.