CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Gordian Capital Singapore Pte Ltd

Gordian Capital Singapore Pte Ltd boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 586 shares of the company’s stock after buying an additional 80 shares during the period. Gordian Capital Singapore Pte Ltd’s holdings in CrowdStrike were worth $225,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CRWD. Campbell & CO Investment Adviser LLC lifted its position in CrowdStrike by 16.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 5,883 shares of the company’s stock worth $1,502,000 after purchasing an additional 812 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of CrowdStrike by 3.1% in the fourth quarter. CIBC Asset Management Inc now owns 39,335 shares of the company’s stock valued at $10,043,000 after buying an additional 1,188 shares during the period. Stephens Investment Management Group LLC boosted its stake in CrowdStrike by 10.2% during the fourth quarter. Stephens Investment Management Group LLC now owns 50,701 shares of the company’s stock valued at $12,945,000 after buying an additional 4,696 shares in the last quarter. Amussen Hunsaker Associates LLC acquired a new position in CrowdStrike during the fourth quarter worth about $314,000. Finally, Oppenheimer & Co. Inc. raised its position in CrowdStrike by 43.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 35,193 shares of the company’s stock worth $8,985,000 after acquiring an additional 10,581 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of several recent research reports. The Goldman Sachs Group lowered their price objective on shares of CrowdStrike from $400.00 to $295.00 and set a “buy” rating on the stock in a research note on Thursday, August 15th. DA Davidson reaffirmed a “buy” rating and issued a $310.00 price target on shares of CrowdStrike in a report on Wednesday, September 18th. Susquehanna reissued a “positive” rating and set a $310.00 price objective on shares of CrowdStrike in a research note on Thursday, September 19th. Wedbush reaffirmed an “outperform” rating and set a $315.00 target price on shares of CrowdStrike in a research report on Friday, August 9th. Finally, Guggenheim downgraded CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $326.50.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $371.32, for a total value of $1,485,280.00. Following the completion of the sale, the insider now directly owns 183,091 shares of the company’s stock, valued at $67,985,350.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other CrowdStrike news, CEO George Kurtz sold 55,325 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was 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 owns 1,109,746 shares of the company’s stock, valued at approximately $329,172,858.52. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $371.32, for a total value of $1,485,280.00. Following the completion of the sale, the insider now owns 183,091 shares of the company’s stock, valued at approximately $67,985,350.12. The disclosure for this sale can be found here. Insiders have sold a total of 96,962 shares of company stock valued at $28,774,798 in the last three months. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $275.15 on Wednesday. CrowdStrike Holdings, Inc. has a 1-year low of $160.86 and a 1-year high of $398.33. The firm has a fifty day simple moving average of $260.08 and a 200-day simple moving average of $310.27. 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 stock has a market capitalization of $66.96 billion, a price-to-earnings ratio of 519.15, a PEG ratio of 19.60 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last released its quarterly 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. The company had revenue of $963.87 million during the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $0.06 earnings per share. On average, sell-side analysts expect that CrowdStrike Holdings, Inc. will post 0.53 earnings per share 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.