Leibman Financial Services Inc. Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Leibman Financial Services Inc. grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,008 shares of the company’s stock after purchasing an additional 189 shares during the period. Leibman Financial Services Inc.’s holdings in CrowdStrike were worth $844,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Pathstone Holdings LLC acquired a new position in CrowdStrike during the fourth quarter valued at approximately $450,418,000. Vanguard Group Inc. lifted its holdings in shares of CrowdStrike by 7.0% during the 4th quarter. Vanguard Group Inc. now owns 15,746,120 shares of the company’s stock valued at $4,020,299,000 after acquiring an additional 1,028,405 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of CrowdStrike by 47.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock valued at $671,828,000 after acquiring an additional 564,662 shares in the last quarter. Acadian Asset Management LLC boosted its position in CrowdStrike by 619.0% during the 1st quarter. Acadian Asset Management LLC now owns 554,876 shares of the company’s stock worth $177,865,000 after purchasing an additional 477,706 shares during the period. Finally, Frontier Capital Management Co. LLC purchased a new position in CrowdStrike in the fourth quarter valued at about $100,459,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CRWD shares. JMP Securities reaffirmed a “market outperform” rating and issued a $400.00 target price on shares of CrowdStrike in a research report on Tuesday, September 24th. Scotiabank decreased their price target on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a report on Wednesday, August 14th. Guggenheim lowered shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. KeyCorp upped their target price on shares of CrowdStrike from $300.00 to $345.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. Finally, Argus dropped their price target on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-three have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and an average target price of $325.44.

CrowdStrike Stock Performance

Shares of CRWD opened at $293.01 on Wednesday. The firm has a fifty day moving average of $262.40 and a 200-day moving average of $309.18. The company has a market cap of $71.31 billion, a price-to-earnings ratio of 552.85, a price-to-earnings-growth ratio of 19.60 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. CrowdStrike Holdings, Inc. has a 1 year low of $170.17 and a 1 year high of $398.33.

CrowdStrike (NASDAQ:CRWD) last posted its 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. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. During the same period in the previous year, the business posted $0.06 EPS. CrowdStrike’s revenue was up 31.7% on a year-over-year basis. As a group, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current year.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at $11,582,623.36. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the sale, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 11,178 shares of the stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.47, for a total transaction of $3,325,119.66. Following the completion of the transaction, the chief financial officer now owns 286,472 shares of the company’s stock, valued at $85,216,825.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 96,962 shares of company stock valued at $28,774,798 in the last three months. 4.34% of the stock is currently owned by corporate 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.