Unique Wealth LLC Purchases 88 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Unique Wealth LLC boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 741 shares of the company’s stock after buying an additional 88 shares during the quarter. Unique Wealth LLC’s holdings in CrowdStrike were worth $208,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Abich Financial Wealth Management LLC bought a new position in shares of CrowdStrike during the second quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new position in CrowdStrike during the 1st quarter worth about $30,000. Family Firm Inc. bought a new stake in shares of CrowdStrike in the 2nd quarter valued at about $30,000. Northwest Bank & Trust Co acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $32,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of CrowdStrike during the first quarter worth about $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $371.32, for a total value of $1,485,280.00. Following the sale, the insider now owns 183,091 shares of the company’s stock, valued at approximately $67,985,350.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $371.32, for a total value of $1,485,280.00. Following the completion of the transaction, the insider now owns 183,091 shares in the company, valued at $67,985,350.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 10,776 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $3,203,489.28. Following the sale, the president now owns 400,390 shares in the company, valued at $119,027,939.20. The disclosure for this sale can be found here. Insiders have sold a total of 96,962 shares of company stock worth $28,774,798 over the last three months. 4.34% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Robert W. Baird reduced their price objective on shares of CrowdStrike from $335.00 to $315.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Raymond James decreased their price target on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Canaccord Genuity Group reissued a “buy” rating and issued a $330.00 price objective on shares of CrowdStrike in a research note on Monday. Wedbush reaffirmed an “outperform” rating and set a $315.00 target price on shares of CrowdStrike in a research note on Friday, August 9th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $325.00 target price on shares of CrowdStrike in a report on Monday, September 9th. One 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 given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $326.50.

CrowdStrike Stock Performance

Shares of CRWD opened at $283.75 on Friday. The stock has a 50 day moving average of $261.12 and a 200 day moving average of $309.88. The company has a market capitalization of $69.05 billion, a price-to-earnings ratio of 535.38, a PEG ratio of 19.60 and a beta of 1.09. CrowdStrike Holdings, Inc. has a 12 month low of $160.92 and a 12 month high of $398.33. 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 announced its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 8.44% and a net margin of 4.84%. The business’s revenue was up 31.7% compared to the same quarter last year. During the same period last year, the firm posted $0.06 EPS. As a group, sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current year.

About CrowdStrike

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.