Cwm LLC Buys 530 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Cwm LLC grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,901 shares of the company’s stock after purchasing an additional 530 shares during the period. Cwm LLC’s holdings in CrowdStrike were worth $2,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Riggs Asset Managment Co. Inc. boosted its holdings in shares of CrowdStrike by 5,061.6% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 10,220 shares of the company’s stock worth $2,609,000 after acquiring an additional 10,022 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of CrowdStrike by 24.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 50,692 shares of the company’s stock worth $12,943,000 after acquiring an additional 10,047 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of CrowdStrike by 16.3% in the 4th quarter. Signaturefd LLC now owns 3,092 shares of the company’s stock worth $789,000 after acquiring an additional 434 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in shares of CrowdStrike by 11.2% in the 4th quarter. Lindbrook Capital LLC now owns 777 shares of the company’s stock worth $198,000 after acquiring an additional 78 shares in the last quarter. Finally, CRA Financial Services LLC acquired a new position in CrowdStrike during the 4th quarter worth $236,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total value 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 document filed with the SEC, which is available through this hyperlink. In related news, Director Sameer K. Gandhi sold 15,000 shares of CrowdStrike stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $316.82, for a total transaction of $4,752,300.00. Following the completion of the transaction, the director now owns 839,234 shares in the company, valued at $265,886,115.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the transaction, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is owned by insiders.

CrowdStrike Stock Performance

CRWD opened at $298.02 on Friday. The business’s 50-day moving average price is $315.21 and its two-hundred day moving average price is $267.28. CrowdStrike Holdings, Inc. has a 1 year low of $115.67 and a 1 year high of $365.00. The company has a market capitalization of $72.08 billion, a price-to-earnings ratio of 827.83, a P/E/G ratio of 11.98 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 released its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Equities analysts expect that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analyst Ratings Changes

CRWD has been the topic of several research reports. Guggenheim upped their price objective on CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Piper Sandler upped their price objective on CrowdStrike from $300.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Needham & Company LLC upped their price objective on CrowdStrike from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, March 4th. JMP Securities upped their price objective on CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a report on Wednesday, March 6th. Finally, BTIG Research upped their price objective on CrowdStrike from $322.00 to $432.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

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.