Czech National Bank Increases Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Czech National Bank increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,033 shares of the company’s stock after acquiring an additional 3,084 shares during the quarter. Czech National Bank’s holdings in CrowdStrike were worth $13,191,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Arlington Financial Advisors LLC raised its stake in shares of CrowdStrike by 1.5% during the 2nd quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock worth $778,000 after acquiring an additional 30 shares in the last quarter. Saturna Capital Corp increased its stake in CrowdStrike by 2.7% during the 1st quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after purchasing an additional 33 shares in the last quarter. Means Investment CO. Inc. increased its stake in CrowdStrike by 1.8% during the 2nd quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock valued at $741,000 after purchasing an additional 35 shares in the last quarter. Albion Financial Group UT increased its stake in CrowdStrike by 3.7% during the 1st quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock valued at $351,000 after purchasing an additional 39 shares in the last quarter. Finally, Quotient Wealth Partners LLC increased its stake in CrowdStrike by 5.0% during the 2nd quarter. Quotient Wealth Partners LLC now owns 896 shares of the company’s stock valued at $343,000 after purchasing an additional 43 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD stock traded up $8.49 during trading hours on Friday, hitting $292.24. The company’s stock had a trading volume of 3,121,193 shares, compared to its average volume of 5,277,903. The business has a fifty day moving average of $261.84 and a 200-day moving average of $309.68. The stock has a market cap 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 twelve month low of $160.92 and a twelve 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 released its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The company’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.06 earnings per share. As a group, equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

Insider Activity at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other CrowdStrike news, CFO Burt W. Podbere sold 11,178 shares of the firm’s stock in a transaction on 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 directly owns 286,472 shares of the company’s stock, valued at $85,216,825.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the firm’s 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 transaction, the chief accounting officer now directly 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. Over the last 90 days, insiders have sold 96,962 shares of company stock valued at $28,774,798. Company insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Redburn Atlantic downgraded shares of CrowdStrike from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $380.00 to $275.00 in a report on Thursday, July 18th. DA Davidson restated a “buy” rating and set a $310.00 price objective on shares of CrowdStrike in a research report on Wednesday, September 18th. 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. BTIG Research downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. Finally, Evercore ISI decreased their price target on shares of CrowdStrike from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $326.50.

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.