CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Broderick Brian C

Broderick Brian C raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,025 shares of the company’s stock after purchasing an additional 1,560 shares during the quarter. Broderick Brian C’s holdings in CrowdStrike were worth $2,812,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quent Capital LLC lifted its stake in shares of CrowdStrike by 59.9% in the 1st quarter. Quent Capital LLC now owns 235 shares of the company’s stock valued at $75,000 after purchasing an additional 88 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in CrowdStrike by 2.6% during the 1st quarter. Kingsview Wealth Management LLC now owns 6,731 shares of the company’s stock worth $2,158,000 after purchasing an additional 169 shares during the period. Nwam LLC increased its holdings in CrowdStrike by 5.5% in the 1st quarter. Nwam LLC now owns 2,470 shares of the company’s stock valued at $772,000 after purchasing an additional 128 shares in the last quarter. Banco Santander S.A. raised its holdings in shares of CrowdStrike by 61.5% during the 1st quarter. Banco Santander S.A. now owns 37,107 shares of the company’s stock valued at $11,896,000 after buying an additional 14,137 shares during the period. Finally, First Foundation Advisors lifted its position in shares of CrowdStrike by 22.7% during the first quarter. First Foundation Advisors now owns 265 shares of the company’s stock worth $85,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on CRWD. Raymond James cut their price target on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Royal Bank of Canada cut their price target on CrowdStrike from $345.00 to $335.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Thursday, September 19th. Wedbush set a $330.00 price target on CrowdStrike in a research note on Thursday, October 17th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $328.74.

CrowdStrike Stock Down 1.0 %

CrowdStrike stock opened at $344.36 on Friday. The company has a market capitalization of $84.41 billion, a P/E ratio of 499.07, a P/E/G ratio of 23.52 and a beta of 1.10. The firm’s fifty day simple moving average is $294.23 and its 200-day simple moving average is $309.66. CrowdStrike Holdings, Inc. has a 1-year low of $198.86 and a 1-year high of $398.33. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. During the same period last year, the business posted $0.06 EPS. CrowdStrike’s revenue was up 31.7% compared to the same quarter last year. Sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. This represents a 4.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO George Kurtz sold 55,325 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $296.62, for a total value of $16,410,501.50. Following the transaction, the chief executive officer now directly owns 1,109,746 shares of the company’s stock, valued at approximately $329,172,858.52. The trade was a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,248 shares of company stock valued at $31,103,350. 4.34% of the stock is owned by company insiders.

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.