CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Diversified Trust Co

Diversified Trust Co lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,863 shares of the company’s stock after buying an additional 422 shares during the period. Diversified Trust Co’s holdings in CrowdStrike were worth $1,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CVA Family Office LLC bought a new position in shares of CrowdStrike in the fourth quarter worth $26,000. Hexagon Capital Partners LLC acquired a new position in CrowdStrike during the 4th quarter valued at about $26,000. Silver Oak Securities Incorporated bought a new stake in shares of CrowdStrike during the 3rd quarter worth about $27,000. Bear Mountain Capital Inc. acquired a new stake in shares of CrowdStrike in the 4th quarter worth approximately $27,000. Finally, Trivant Custom Portfolio Group LLC bought a new stake in CrowdStrike during the first quarter worth approximately $30,000. 71.16% of the stock is owned by institutional investors.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the company’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 transaction, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at approximately $15,470,706.35. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Roxanne S. Austin sold 10,000 shares of the company’s stock in a transaction dated 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 sale, the director now owns 18,297 shares of the company’s stock, valued at $7,136,012.97. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,662 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $632,607.06. Following the transaction, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at approximately $15,470,706.35. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 219,675 shares of company stock valued at $75,730,552. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $392.15 on Tuesday. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average price of $341.55 and a 200 day moving average price of $314.36. The company has a market cap of $95.43 billion, a price-to-earnings ratio of 739.91, a PEG ratio of 19.31 and a beta of 1.08. CrowdStrike Holdings, Inc. has a twelve month low of $139.37 and a twelve month high of $394.64.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, June 4th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.01). The company had revenue of $921.04 million during the quarter, compared to analyst estimates of $904.82 million. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. Research analysts predict that CrowdStrike Holdings, Inc. will post 0.9 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CRWD shares. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Tuesday, May 14th. Truist Financial boosted their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Friday, June 21st. Morgan Stanley boosted their target price on shares of CrowdStrike from $372.00 to $422.00 and gave the stock an “overweight” rating in a report on Tuesday, May 28th. Finally, Barclays raised their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $380.62.

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.