CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by AAFMAA Wealth Management & Trust LLC

AAFMAA Wealth Management & Trust LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 85.7% during the third quarter, Holdings Channel.com reports. The fund owned 1,118 shares of the company’s stock after purchasing an additional 516 shares during the quarter. AAFMAA Wealth Management & Trust LLC’s holdings in CrowdStrike were worth $314,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in CrowdStrike by 47.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after buying an additional 564,662 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of CrowdStrike by 619.0% during the first quarter. Acadian Asset Management LLC now owns 554,876 shares of the company’s stock worth $177,865,000 after purchasing an additional 477,706 shares in the last quarter. Vanguard Group Inc. raised its stake in CrowdStrike by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock valued at $5,149,124,000 after purchasing an additional 315,280 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in CrowdStrike by 429.2% in the 2nd quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock valued at $114,360,000 after purchasing an additional 242,052 shares in the last quarter. Finally, Swedbank AB acquired a new stake in CrowdStrike during the 1st quarter worth $73,972,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 1.3 %

Shares of NASDAQ CRWD opened at $306.24 on Thursday. CrowdStrike Holdings, Inc. has a 12-month low of $170.17 and a 12-month high of $398.33. The stock has a market cap of $74.53 billion, a P/E ratio of 577.81, a PEG ratio of 19.94 and a beta of 1.10. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The business’s fifty day simple moving average is $273.47 and its 200-day simple moving average is $308.41.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly 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 return on equity of 8.44% and a net margin of 4.84%. The company had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. During the same quarter last year, the company earned $0.06 EPS. 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 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $325.00 price target on shares of CrowdStrike in a research note on Thursday, September 19th. Stifel Nicolaus decreased their target price on shares of CrowdStrike from $400.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Raymond James dropped their price target on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Sanford C. Bernstein reduced their price objective on CrowdStrike from $334.00 to $327.00 and set an “outperform” rating on the stock in a research report on Thursday, September 5th. Finally, Argus dropped their target price on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $325.44.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following 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 SEC, which is available at this link. In other news, insider Shawn Henry sold 4,000 shares of the 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 owns 179,091 shares in the company, valued at approximately $46,563,660. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $320.38, for a total value of $2,002,375.00. Following the sale, the director now owns 821,766 shares of the company’s stock, valued at approximately $263,277,391.08. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 103,212 shares of company stock worth $30,529,413 over the last 90 days. 4.34% of the stock is owned by 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.