CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by National Pension Service

National Pension Service raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 19.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 316,512 shares of the company’s stock after purchasing an additional 51,134 shares during the quarter. National Pension Service’s holdings in CrowdStrike were worth $88,772,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new stake in CrowdStrike during the second quarter worth about $25,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter worth approximately $28,000. Tsfg LLC lifted its holdings in shares of CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the last quarter. Family Firm Inc. bought a new stake in shares of CrowdStrike in the 2nd quarter worth approximately $30,000. Finally, Castleview Partners LLC acquired a new position in CrowdStrike during the 3rd quarter valued at approximately $32,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CRWD stock opened at $307.58 on Wednesday. The firm has a 50 day simple moving average of $286.26 and a 200 day simple moving average of $308.14. CrowdStrike Holdings, Inc. has a 52 week low of $183.60 and a 52 week high of $398.33. The stock has a market cap of $75.40 billion, a P/E ratio of 445.77, a P/E/G ratio of 20.50 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90.

CrowdStrike (NASDAQ:CRWD) last issued 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 company 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 posted $0.06 EPS. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. Research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current fiscal year.

Insiders Place Their Bets

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 transaction of $1,040,000.00. Following the completion of the sale, the insider now directly owns 179,091 shares in the company, valued at $46,563,660. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares in the company, valued at $46,563,660. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the business’s 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 sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 103,212 shares of company stock valued at $30,529,413 in the last three months. Insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Morgan Stanley reiterated an “overweight” rating and issued a $325.00 target price on shares of CrowdStrike in a research note on Monday, September 9th. Oppenheimer reduced their target price 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. Guggenheim cut CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. Evercore ISI decreased their price objective on CrowdStrike from $350.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday, July 30th. Finally, HSBC raised CrowdStrike from a “hold” rating to a “buy” rating and lifted their target price for the company from $302.00 to $339.00 in a research note on Friday, August 30th. 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’s stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $328.74.

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.