Nikulski Financial Inc. Invests $1.36 Million in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Nikulski Financial Inc. bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,844 shares of the company’s stock, valued at approximately $1,359,000.

Other large investors have also added to or reduced their stakes in the company. Arlington Financial Advisors LLC increased its stake in shares of CrowdStrike by 1.5% in the 2nd quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock valued at $778,000 after acquiring an additional 30 shares in the last quarter. Saturna Capital Corp raised its holdings in shares of CrowdStrike by 2.7% during the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after purchasing an additional 33 shares during the period. Sunpointe LLC boosted its position in shares of CrowdStrike by 3.1% during the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after purchasing an additional 34 shares in the last quarter. Means Investment CO. Inc. boosted its holdings in CrowdStrike by 1.8% in the second quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock worth $741,000 after acquiring an additional 35 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in shares of CrowdStrike by 9.1% during the third quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock valued at $134,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In related news, CEO George Kurtz sold 55,325 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $296.62, for a total value of $16,410,501.50. Following the completion of the sale, the chief executive officer now directly owns 1,109,746 shares in the company, valued at $329,172,858.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the sale, the chief accounting officer now directly owns 38,962 shares in the company, valued at approximately $11,582,623.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Kurtz sold 55,325 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $296.62, for a total transaction of $16,410,501.50. Following the completion of the transaction, the chief executive officer now directly owns 1,109,746 shares in the company, valued at $329,172,858.52. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 103,212 shares of company stock valued at $30,529,413 in the last ninety days. Insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CRWD shares. Needham & Company LLC initiated coverage on shares of CrowdStrike in a report on Monday, September 23rd. They issued a “buy” rating and a $360.00 target price on the stock. Truist Financial reissued a “buy” rating and set a $325.00 target price on shares of CrowdStrike in a research report on Wednesday, August 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. Guggenheim downgraded CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. Finally, Morgan Stanley reiterated an “overweight” rating and set a $325.00 price target on shares of CrowdStrike in a research note on Monday, September 9th. One 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 given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $328.74.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded down $2.57 during mid-day trading on Thursday, reaching $304.88. The stock had a trading volume of 211,370 shares, compared to its average volume of 5,102,196. The company has a market cap of $74.73 billion, a P/E ratio of 580.09, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10. The business’s 50 day moving average price is $283.63 and its 200 day moving average price is $307.82. 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 Holdings, Inc. has a 1 year low of $172.58 and a 1 year high of $398.33.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating 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 business had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. During the same quarter last year, the business earned $0.06 earnings per share. CrowdStrike’s quarterly revenue was up 31.7% compared to the same quarter last year. Research analysts expect that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

CrowdStrike 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.