Strategic Investment Solutions Inc. IL Buys 414 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Strategic Investment Solutions Inc. IL lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 414.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 514 shares of the company’s stock after buying an additional 414 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in CrowdStrike were worth $144,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in CRWD. Warther Private Wealth LLC boosted its stake in CrowdStrike by 78.7% during the 3rd quarter. Warther Private Wealth LLC now owns 2,967 shares of the company’s stock valued at $832,000 after purchasing an additional 1,307 shares during the last quarter. Ballentine Partners LLC boosted its stake in CrowdStrike by 169.2% during the 3rd quarter. Ballentine Partners LLC now owns 5,058 shares of the company’s stock valued at $1,419,000 after purchasing an additional 3,179 shares during the last quarter. Financial Partners Group LLC boosted its stake in CrowdStrike by 61.7% during the 3rd quarter. Financial Partners Group LLC now owns 925 shares of the company’s stock valued at $259,000 after purchasing an additional 353 shares during the last quarter. Heritage Oak Wealth Advisors LLC bought a new position in shares of CrowdStrike during the 3rd quarter worth approximately $631,000. Finally, Schmidt P J Investment Management Inc. lifted its position in shares of CrowdStrike by 6.0% during the 3rd quarter. Schmidt P J Investment Management Inc. now owns 890 shares of the company’s stock worth $250,000 after buying an additional 50 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the transaction, the insider now owns 124,298 shares of the company’s stock, valued at $38,455,315.24. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were 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 of the company’s stock, valued at $11,582,623.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the transaction, the insider now directly owns 124,298 shares of the company’s stock, valued at $38,455,315.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 103,212 shares of company stock valued at $30,529,413. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Performance

CrowdStrike stock traded up $5.34 during midday trading on Friday, reaching $309.81. 471,608 shares of the company traded hands, compared to its average volume of 5,129,347. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. CrowdStrike Holdings, Inc. has a 12 month low of $170.17 and a 12 month high of $398.33. The firm has a market capitalization of $75.40 billion, a price-to-earnings ratio of 574.47, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10. The business has a 50 day moving average of $279.73 and a two-hundred day moving average of $308.09.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CRWD. Argus cut their price target on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research note on Friday, August 30th. Oppenheimer reduced their price objective on shares of CrowdStrike from $450.00 to $365.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. UBS Group cut their price target on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Stifel Nicolaus decreased their price target on shares of CrowdStrike from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, Needham & Company LLC started coverage on shares of CrowdStrike in a report on Monday, September 23rd. They issued a “buy” rating and a $360.00 price objective for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $328.74.

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.