526 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by ASB Consultores LLC

ASB Consultores LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 526 shares of the company’s stock, valued at approximately $202,000.

Several other large investors also recently made changes to their positions in CRWD. Arlington Financial Advisors LLC grew its position in CrowdStrike by 1.5% in the second quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock worth $778,000 after buying an additional 30 shares during the last quarter. Saturna Capital Corp raised its position in shares of CrowdStrike by 2.7% during the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock worth $408,000 after purchasing an additional 33 shares during the period. Means Investment CO. Inc. lifted its holdings in shares of CrowdStrike by 1.8% during the second quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock valued at $741,000 after purchasing an additional 35 shares during the last quarter. Shepherd Financial Partners LLC boosted its position in shares of CrowdStrike by 1.4% in the 4th quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock valued at $645,000 after purchasing an additional 36 shares during the period. Finally, Albion Financial Group UT increased its stake in CrowdStrike by 3.7% in the 1st quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock worth $351,000 after purchasing an additional 39 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 8.1 %

Shares of CrowdStrike stock opened at $299.85 on Friday. The company has a market cap of $72.97 billion, a price-to-earnings ratio of 565.75, a PEG ratio of 16.14 and a beta of 1.09. CrowdStrike Holdings, Inc. has a 1 year low of $157.59 and a 1 year high of $398.33. The company’s fifty day simple moving average is $265.90 and its 200-day simple moving average is $312.29. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26.

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, topping the consensus estimate of $0.97 by $0.07. The company had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period last year, the business posted $0.06 EPS. As a group, sell-side analysts expect that CrowdStrike Holdings, Inc. will post 0.56 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. HSBC raised shares of CrowdStrike from a “hold” rating to a “buy” rating and upped their price objective for the company from $302.00 to $339.00 in a research note on Friday, August 30th. Scotiabank lowered their price objective on shares of CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 14th. Oppenheimer reduced their target price on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 price target on shares of CrowdStrike in a report on Thursday. Finally, DA Davidson reissued a “buy” rating and issued a $310.00 price objective on shares of CrowdStrike in a research note on Wednesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $327.03.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the transaction, the insider now directly owns 174,591 shares in the company, valued at $45,521,111.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Sameer K. Gandhi sold 15,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the completion of the transaction, the director now directly owns 824,234 shares of the company’s stock, valued at approximately $313,382,009.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the sale, the insider now directly owns 174,591 shares in the company, valued at approximately $45,521,111.43. The disclosure for this sale can be found here. Insiders sold a total of 45,577 shares of company stock valued at $16,330,609 in the last quarter. Corporate insiders own 4.34% of the company’s stock.

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.