Lombard Odier Asset Management Europe Ltd Buys Shares of 4,188 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Lombard Odier Asset Management Europe Ltd bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,188 shares of the company’s stock, valued at approximately $1,605,000.

A number of other large investors have also recently bought and sold shares of the stock. Arlington Financial Advisors LLC grew its holdings in CrowdStrike by 1.5% during the 2nd quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock valued at $778,000 after buying an additional 30 shares during the last quarter. Saturna Capital Corp boosted its holdings in shares of CrowdStrike by 2.7% during the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock worth $408,000 after purchasing an additional 33 shares during the last quarter. Means Investment CO. Inc. boosted its holdings in shares of CrowdStrike by 1.8% during the second quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock worth $741,000 after purchasing an additional 35 shares during the last quarter. Shepherd Financial Partners LLC boosted its holdings in shares of CrowdStrike by 1.4% during the fourth quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock worth $645,000 after purchasing an additional 36 shares during the last quarter. Finally, Albion Financial Group UT boosted its holdings in shares of CrowdStrike by 3.7% during the first quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock worth $351,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 2.2 %

Shares of NASDAQ CRWD opened at $293.14 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $71.34 billion, a price-to-earnings ratio of 553.09, a PEG ratio of 16.14 and a beta of 1.09. CrowdStrike Holdings, Inc. has a 1 year low of $157.59 and a 1 year high of $398.33. The stock’s 50-day simple moving average is $264.22 and its 200-day simple moving average is $312.02.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share 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%. CrowdStrike’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.06 earnings per share. As a group, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.56 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. In other CrowdStrike news, Director Sameer K. Gandhi sold 15,000 shares of CrowdStrike stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $380.21, for a total value of $5,703,150.00. Following the completion of the transaction, the director now directly owns 824,234 shares in the company, valued at $313,382,009.14. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 completion of the transaction, the insider now owns 183,091 shares of the company’s stock, valued at $67,985,350.12. The disclosure for this sale can be found here. Insiders sold a total of 37,500 shares of company stock valued at $13,301,815 over the last three months. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CRWD has been the topic of several analyst reports. Truist Financial restated a “buy” rating and set a $325.00 price objective on shares of CrowdStrike in a report on Wednesday, August 28th. The Goldman Sachs Group decreased their price objective on CrowdStrike from $400.00 to $295.00 and set a “buy” rating on the stock in a report on Thursday, August 15th. HSBC upgraded CrowdStrike from a “hold” rating to a “buy” rating and raised their price objective for the stock from $302.00 to $339.00 in a report on Friday, August 30th. Wells Fargo & Company decreased their price objective on CrowdStrike from $435.00 to $350.00 and set an “overweight” rating on the stock in a report on Monday, July 22nd. Finally, Mizuho reduced their target price on CrowdStrike from $390.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday, June 5th. 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 given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $325.32.

CrowdStrike 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.