3,036 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Lederer & Associates Investment Counsel CA

Lederer & Associates Investment Counsel CA acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,036 shares of the company’s stock, valued at approximately $852,000.

Other hedge funds also recently made changes to their positions in the company. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the 2nd quarter worth approximately $25,000. Family Firm Inc. purchased a new stake in CrowdStrike in the second quarter valued at approximately $30,000. Itau Unibanco Holding S.A. acquired a new stake in shares of CrowdStrike in the second quarter valued at approximately $33,000. Unique Wealth Strategies LLC acquired a new position in shares of CrowdStrike in the 2nd quarter valued at $36,000. Finally, Hobbs Group Advisors LLC purchased a new stake in CrowdStrike in the 2nd quarter valued at $38,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the completion of the sale, the insider now directly owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 10,776 shares of the stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the sale, the president now owns 400,390 shares of the company’s stock, valued at approximately $119,027,939.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 103,212 shares of company stock worth $30,529,413. 4.34% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. BNP Paribas assumed coverage on CrowdStrike in a research report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price objective for the company. Susquehanna reissued a “positive” rating and issued a $310.00 price objective on shares of CrowdStrike in a research note on Thursday, September 19th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Thursday, September 19th. The Goldman Sachs Group lowered their target price on shares of CrowdStrike from $400.00 to $295.00 and set a “buy” rating on the stock in a report on Thursday, August 15th. Finally, Guggenheim cut shares of CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $328.74.

CrowdStrike Trading Up 0.1 %

NASDAQ CRWD opened at $301.06 on Monday. The company has a market cap of $73.27 billion, a P/E ratio of 567.21, a P/E/G ratio of 19.94 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12 month low of $171.68 and a 12 month high of $398.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The company has a 50-day moving average of $281.37 and a 200-day moving average of $307.92.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. During the same quarter in the prior year, the business posted $0.06 earnings per share. CrowdStrike’s revenue for the quarter was up 31.7% compared to the same quarter last year. As a group, equities analysts predict that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current year.

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.