Copperwynd Financial LLC Has $3.23 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Copperwynd Financial LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 24.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,423 shares of the company’s stock after buying an additional 1,663 shares during the quarter. CrowdStrike comprises approximately 1.0% of Copperwynd Financial LLC’s holdings, making the stock its 20th largest position. Copperwynd Financial LLC’s holdings in CrowdStrike were worth $3,228,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Abich Financial Wealth Management LLC bought a new stake in CrowdStrike during the second quarter valued at about $25,000. Family Firm Inc. bought a new stake in CrowdStrike during the 2nd quarter valued at approximately $30,000. Itau Unibanco Holding S.A. acquired a new stake in CrowdStrike in the 2nd quarter valued at approximately $33,000. Unique Wealth Strategies LLC bought a new position in CrowdStrike in the 2nd quarter worth approximately $36,000. Finally, Trivant Custom Portfolio Group LLC acquired a new position in shares of CrowdStrike during the first quarter worth approximately $30,000. 71.16% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CRWD shares. Susquehanna restated a “positive” rating and issued a $310.00 price target on shares of CrowdStrike in a research report on Thursday, September 19th. Oppenheimer reduced their price objective on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Sanford C. Bernstein lowered their price objective on CrowdStrike from $334.00 to $327.00 and set an “outperform” rating on the stock in a research report on Thursday, September 5th. Jefferies Financial Group raised their target price on CrowdStrike from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Finally, Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Thursday, September 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.50.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 55,325 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $296.62, for a total transaction of $16,410,501.50. Following the transaction, the chief executive officer now owns 1,109,746 shares in the company, valued at $329,172,858.52. The sale was disclosed in a document filed with the SEC, which is available through this link. In other CrowdStrike news, Director Sameer K. Gandhi sold 15,000 shares of CrowdStrike stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the transaction, the director now directly owns 824,234 shares in the company, valued at $313,382,009.14. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO George Kurtz sold 55,325 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $296.62, for a total value of $16,410,501.50. Following the completion of the transaction, the chief executive officer now directly owns 1,109,746 shares of the company’s stock, valued at $329,172,858.52. The disclosure for this sale can be found here. Over the last quarter, insiders sold 111,962 shares of company stock worth $34,477,948. 4.34% of the stock is owned by insiders.

CrowdStrike Stock Up 1.6 %

Shares of NASDAQ CRWD opened at $285.86 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $160.86 and a 1 year high of $398.33. The firm’s 50-day moving average is $259.63 and its 200-day moving average is $311.04. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $69.57 billion, a PE ratio of 539.36, a price-to-earnings-growth ratio of 19.60 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $963.87 million during 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.06 EPS. Equities analysts expect that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

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.