Register Financial Advisors LLC Invests $127,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Register Financial Advisors LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 395 shares of the company’s stock, valued at approximately $127,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Shepherd Financial Partners LLC increased its holdings in shares of CrowdStrike by 1.4% during the 4th quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock worth $645,000 after acquiring an additional 36 shares during the last quarter. Cigna Investments Inc. New increased its holdings in shares of CrowdStrike by 1.7% during the 4th quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after acquiring an additional 38 shares during the last quarter. Pier 88 Investment Partners LLC increased its holdings in shares of CrowdStrike by 0.9% during the 4th quarter. Pier 88 Investment Partners LLC now owns 4,690 shares of the company’s stock worth $1,197,000 after acquiring an additional 40 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of CrowdStrike by 18.5% during the 1st quarter. GAMMA Investing LLC now owns 282 shares of the company’s stock worth $90,000 after acquiring an additional 44 shares during the last quarter. Finally, Fagan Associates Inc. increased its holdings in shares of CrowdStrike by 0.5% during the 4th quarter. Fagan Associates Inc. now owns 9,650 shares of the company’s stock worth $2,464,000 after acquiring an additional 45 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the sale, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CAO Anurag Saha sold 1,662 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the transaction, the chief accounting officer now owns 40,645 shares in the company, valued at $15,470,706.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $390.01, for a total value of $3,900,100.00. Following the completion of the transaction, the director now owns 18,297 shares in the company, valued at approximately $7,136,012.97. The disclosure for this sale can be found here. Over the last quarter, insiders sold 283,675 shares of company stock valued at $95,985,272. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 1.1 %

Shares of CRWD stock opened at $383.19 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. CrowdStrike Holdings, Inc. has a 1-year low of $139.37 and a 1-year high of $394.64. The stock has a 50-day moving average of $341.55 and a 200-day moving average of $313.47. The stock has a market cap of $93.25 billion, a price-to-earnings ratio of 723.01, a PEG ratio of 19.04 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, June 4th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). CrowdStrike had a net margin of 4.01% and a return on equity of 7.39%. The firm had revenue of $921.04 million during the quarter, compared to analyst estimates of $904.82 million. On average, equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRWD. Susquehanna boosted their target price on CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a report on Thursday, March 7th. JMP Securities reaffirmed a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Tuesday, May 14th. Morgan Stanley upped their price objective on CrowdStrike from $372.00 to $422.00 and gave the company an “overweight” rating in a report on Tuesday, May 28th. Scotiabank decreased their price objective on CrowdStrike from $400.00 to $393.00 and set a “sector outperform” rating on the stock in a report on Wednesday, June 5th. Finally, Wedbush decreased their price objective on CrowdStrike from $390.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, June 5th. One investment analyst has rated the stock with a hold rating, thirty-seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $380.62.

CrowdStrike Company 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.