CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Gilder Gagnon Howe & Co. LLC

Gilder Gagnon Howe & Co. LLC reduced its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating) by 18.0% in the 1st quarter, Holdings Channel reports. The firm owned 116,716 shares of the company’s stock after selling 25,694 shares during the quarter. Gilder Gagnon Howe & Co. LLC’s holdings in CrowdStrike were worth $26,504,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Beese Fulmer Investment Management Inc. increased its holdings in CrowdStrike by 1.0% in the 1st quarter. Beese Fulmer Investment Management Inc. now owns 5,121 shares of the company’s stock valued at $1,163,000 after purchasing an additional 50 shares in the last quarter. Gemmer Asset Management LLC grew its stake in shares of CrowdStrike by 1.5% during the first quarter. Gemmer Asset Management LLC now owns 3,383 shares of the company’s stock valued at $768,000 after acquiring an additional 50 shares in the last quarter. Capital Investment Advisors LLC grew its stake in shares of CrowdStrike by 4.3% during the first quarter. Capital Investment Advisors LLC now owns 1,338 shares of the company’s stock valued at $304,000 after acquiring an additional 55 shares in the last quarter. Evanson Asset Management LLC grew its stake in shares of CrowdStrike by 1.6% during the first quarter. Evanson Asset Management LLC now owns 3,455 shares of the company’s stock valued at $785,000 after acquiring an additional 56 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in shares of CrowdStrike by 23.9% during the first quarter. Clearstead Advisors LLC now owns 327 shares of the company’s stock valued at $74,000 after acquiring an additional 63 shares in the last quarter. 67.43% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $195.10 on Tuesday. The firm’s 50 day moving average is $186.12 and its two-hundred day moving average is $186.38. CrowdStrike Holdings, Inc. has a 52 week low of $130.00 and a 52 week high of $298.48. The firm has a market capitalization of $45.28 billion, a P/E ratio of -260.13 and a beta of 1.27. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.60.

CrowdStrike (NASDAQ:CRWDGet Rating) last announced its quarterly earnings results on Tuesday, August 30th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.28 by $0.08. CrowdStrike had a negative net margin of 9.45% and a negative return on equity of 12.96%. The company had revenue of $535.15 million for the quarter, compared to analyst estimates of $516.44 million. During the same quarter last year, the business earned ($0.21) earnings per share. CrowdStrike’s revenue was up 58.5% compared to the same quarter last year. Analysts anticipate that CrowdStrike Holdings, Inc. will post -0.74 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CRWD. Oppenheimer lowered their target price on CrowdStrike from $300.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, June 3rd. Piper Sandler raised their target price on CrowdStrike from $230.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, August 31st. Guggenheim initiated coverage on CrowdStrike in a research note on Friday, August 12th. They set a “buy” rating and a $270.00 target price for the company. Wells Fargo & Company reduced their price target on shares of CrowdStrike from $275.00 to $250.00 and set an “overweight” rating on the stock in a research report on Friday, June 3rd. Finally, Citigroup increased their price target on shares of CrowdStrike to $245.00 in a research report on Tuesday, September 6th. One equities research analyst has rated the stock with a hold rating and twenty-five have given a buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $241.18.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 8,713 shares of the firm’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $165.03, for a total transaction of $1,437,906.39. Following the transaction, the insider now owns 185,584 shares in the company, valued at $30,626,927.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Godfrey Sullivan sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of $175.01, for a total transaction of $1,750,100.00. Following the transaction, the director now owns 170,000 shares in the company, valued at $29,751,700. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Henry sold 8,713 shares of CrowdStrike stock in a transaction that occurred on Tuesday, June 21st. The stock was sold at an average price of $165.03, for a total transaction of $1,437,906.39. Following the completion of the transaction, the insider now owns 185,584 shares in the company, valued at approximately $30,626,927.52. The disclosure for this sale can be found here. Insiders have sold 113,782 shares of company stock worth $19,331,841 over the last quarter. 6.82% of the stock is currently owned by company insiders.

CrowdStrike Profile

(Get Rating)

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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