Moody National Bank Trust Division Has $451,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Moody National Bank Trust Division cut its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating) by 49.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,672 shares of the company’s stock after selling 2,626 shares during the period. Moody National Bank Trust Division’s holdings in CrowdStrike were worth $451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of CrowdStrike by 2.0% in the first quarter. Vanguard Group Inc. now owns 12,547,900 shares of the company’s stock worth $2,849,377,000 after acquiring an additional 244,613 shares during the last quarter. Jennison Associates LLC raised its stake in shares of CrowdStrike by 4.6% in the first quarter. Jennison Associates LLC now owns 9,041,273 shares of the company’s stock worth $2,053,092,000 after acquiring an additional 395,795 shares during the last quarter. Tiger Global Management LLC raised its stake in shares of CrowdStrike by 16.9% in the first quarter. Tiger Global Management LLC now owns 8,808,818 shares of the company’s stock worth $2,000,306,000 after acquiring an additional 1,271,818 shares during the last quarter. State Street Corp raised its stake in shares of CrowdStrike by 2.7% in the fourth quarter. State Street Corp now owns 4,240,652 shares of the company’s stock worth $868,273,000 after acquiring an additional 111,900 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of CrowdStrike by 9.4% in the first quarter. First Trust Advisors LP now owns 2,923,849 shares of the company’s stock worth $663,948,000 after acquiring an additional 250,592 shares during the last quarter. 67.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Mizuho boosted their price target on shares of CrowdStrike to $230.00 in a research note on Tuesday, September 6th. Piper Sandler boosted their price target on shares of CrowdStrike from $230.00 to $240.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 31st. Wells Fargo & Company dropped their price target on shares of CrowdStrike from $275.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, June 3rd. Stifel Nicolaus boosted their price target on shares of CrowdStrike from $220.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, August 31st. Finally, Needham & Company LLC boosted their price target on shares of CrowdStrike from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, August 31st. One research analyst has rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $241.14.

CrowdStrike Stock Performance

Shares of CRWD opened at $171.01 on Monday. CrowdStrike Holdings, Inc. has a 12 month low of $130.00 and a 12 month high of $298.48. The firm has a fifty day simple moving average of $185.74 and a 200 day simple moving average of $186.04. The stock has a market capitalization of $39.91 billion, a price-to-earnings ratio of -228.01 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 earnings results on Tuesday, August 30th. The company reported $0.36 EPS for the quarter, topping 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 business had revenue of $535.15 million during the quarter, compared to analysts’ expectations of $516.44 million. During the same quarter in the prior year, the company posted ($0.21) earnings per share. The firm’s revenue was up 58.5% on a year-over-year basis. Research analysts forecast that CrowdStrike Holdings, Inc. will post -0.75 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Shawn Henry sold 8,713 shares of the stock in a transaction 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 completion of the transaction, the insider now owns 185,584 shares in the company, valued at $30,626,927.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 8,713 shares of the stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $165.03, for a total value of $1,437,906.39. Following the completion of the sale, the insider now owns 185,584 shares in the company, valued at $30,626,927.52. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 11,438 shares of the stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $165.22, for a total transaction of $1,889,786.36. Following the completion of the sale, the chief financial officer now owns 313,028 shares of the company’s stock, valued at approximately $51,718,486.16. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 113,782 shares of company stock worth $19,331,841. 6.82% of the stock is owned by 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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