Centaurus Financial Inc. Has $933,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Centaurus Financial Inc. boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 211.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,435 shares of the company’s stock after purchasing an additional 1,652 shares during the period. Centaurus Financial Inc.’s holdings in CrowdStrike were worth $933,000 as of its most recent SEC filing.

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

CrowdStrike Stock Up 3.0 %

Shares of CRWD stock opened at $292.24 on Friday. The company has a market capitalization of $71.12 billion, a price-to-earnings ratio of 551.40, a P/E/G 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 firm has a fifty day moving average of $261.84 and a 200-day moving average of $309.68. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26.

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 the consensus estimate of $0.97 by $0.07. The firm had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the business posted $0.06 EPS. As a group, equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CRWD. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. Truist Financial reissued a “buy” rating and issued a $325.00 price objective on shares of CrowdStrike in a research note on Wednesday, August 28th. Scotiabank lowered their target price on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 14th. UBS Group reduced their price target on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $325.00 price objective on shares of CrowdStrike in a report on Thursday, September 19th. One 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 given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.50.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company’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 transaction of $1,485,280.00. Following the completion of the transaction, the insider now owns 183,091 shares of the company’s stock, valued at $67,985,350.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $371.32, for a total transaction of $1,485,280.00. Following the sale, the insider now directly owns 183,091 shares of the company’s stock, valued at $67,985,350.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,683 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the transaction, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 96,962 shares of company stock valued at $28,774,798. 4.34% of the stock is owned by insiders.

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.