CrowdStrike (NASDAQ:CRWD) Shares Up 1.3%

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shot up 1.3% on Monday . The company traded as high as $315.67 and last traded at $314.21. 1,170,826 shares were traded during mid-day trading, a decline of 66% from the average session volume of 3,457,907 shares. The stock had previously closed at $310.21.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. KeyCorp lowered their price objective on CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. Cantor Fitzgerald reiterated an “overweight” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Wednesday, April 17th. UBS Group boosted their target price on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Truist Financial boosted their price objective on CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Finally, Morgan Stanley raised their price target on shares of CrowdStrike from $304.00 to $372.00 and gave the stock an “overweight” rating in a report on Wednesday, March 13th. One investment analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $371.87.

CrowdStrike Trading Up 0.4 %

The firm’s 50-day moving average price is $313.23 and its 200-day moving average price is $275.18. The company has a market cap of $75.89 billion, a P/E ratio of 871.58, a price-to-earnings-growth ratio of 12.41 and a beta of 1.08. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32.

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

Insider Transactions at CrowdStrike

In other news, CFO Burt W. Podbere sold 15,753 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $305.15, for a total transaction of $4,807,027.95. Following the completion of the transaction, the chief financial officer now owns 313,994 shares of the company’s stock, valued at $95,815,269.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $331,990.20. Following 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 15,753 shares of CrowdStrike stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $305.15, for a total value of $4,807,027.95. Following the sale, the chief financial officer now directly owns 313,994 shares of the company’s stock, valued at approximately $95,815,269.10. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 295,576 shares of company stock valued at $94,052,850. 5.68% of the stock is currently owned by company insiders.

Institutional Trading of CrowdStrike

Several hedge funds and other institutional investors have recently bought and sold shares of CRWD. Lindbrook Capital LLC raised its position in CrowdStrike by 22.8% in the 3rd quarter. Lindbrook Capital LLC now owns 699 shares of the company’s stock worth $117,000 after purchasing an additional 130 shares during the period. Verdence Capital Advisors LLC grew its position in CrowdStrike by 12.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 3,263 shares of the company’s stock worth $546,000 after acquiring an additional 371 shares during the last quarter. Mackenzie Financial Corp raised its holdings in shares of CrowdStrike by 92.9% during the third quarter. Mackenzie Financial Corp now owns 38,880 shares of the company’s stock valued at $6,300,000 after acquiring an additional 18,728 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in CrowdStrike by 3.3% in the third quarter. IFM Investors Pty Ltd now owns 45,327 shares of the company’s stock valued at $7,587,000 after acquiring an additional 1,460 shares in the last quarter. Finally, Advisor Partners II LLC increased its position in CrowdStrike by 33.6% during the 3rd quarter. Advisor Partners II LLC now owns 6,778 shares of the company’s stock valued at $1,135,000 after purchasing an additional 1,706 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Company 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.