Mackenzie Financial Corp Has $3.29 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mackenzie Financial Corp lowered its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,508 shares of the company’s stock after selling 315 shares during the quarter. Mackenzie Financial Corp’s holdings in CrowdStrike were worth $3,288,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of CRWD. Sound Income Strategies LLC lifted its stake in shares of CrowdStrike by 42.9% during the second quarter. Sound Income Strategies LLC now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 60 shares during the period. Nwam LLC lifted its stake in shares of CrowdStrike by 2.2% during the second quarter. Nwam LLC now owns 2,802 shares of the company’s stock valued at $523,000 after acquiring an additional 60 shares during the period. Clearstead Advisors LLC lifted 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 during the period. SeaCrest Wealth Management LLC lifted its stake in shares of CrowdStrike by 6.2% during the second quarter. SeaCrest Wealth Management LLC now owns 1,082 shares of the company’s stock valued at $182,000 after acquiring an additional 63 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of CrowdStrike by 1.4% during the first quarter. Ameritas Investment Partners Inc. now owns 4,562 shares of the company’s stock valued at $1,036,000 after acquiring an additional 65 shares during the period. Institutional investors and hedge funds own 67.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Capital One Financial assumed coverage on CrowdStrike in a research note on Friday, September 30th. They set an “overweight” rating and a $235.00 price target on the stock. Canaccord Genuity Group increased their target price on CrowdStrike from $212.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, August 31st. MKM Partners assumed coverage on CrowdStrike in a research note on Thursday, September 15th. They issued a “buy” rating and a $240.00 target price on the stock. Evercore ISI assumed coverage on CrowdStrike in a report on Thursday, October 6th. They issued an “outperform” rating and a $250.00 price target for the company. Finally, Atlantic Securities assumed coverage on CrowdStrike in a report on Friday, September 2nd. They issued a “neutral” rating and a $200.00 price target for the company. One equities research analyst has rated the stock with a hold rating and thirty-five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $238.00.

Insider Activity

In related news, CEO George Kurtz sold 72,566 shares of the business’s stock in a transaction dated Wednesday, September 21st. The stock was sold at an average price of $172.90, for a total value of $12,546,661.40. Following the completion of the transaction, the chief executive officer now owns 943,947 shares of the company’s stock, valued at $163,208,436.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO George Kurtz sold 72,566 shares of the business’s stock in a transaction dated Wednesday, September 21st. The stock was sold at an average price of $172.90, for a total value of $12,546,661.40. Following the completion of the transaction, the chief executive officer now owns 943,947 shares of the company’s stock, valued at $163,208,436.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 11,590 shares of the business’s stock in a transaction dated Wednesday, September 21st. The shares were sold at an average price of $173.00, for a total value of $2,005,070.00. Following the completion of the transaction, the chief financial officer now directly owns 304,563 shares of the company’s stock, valued at approximately $52,689,399. The disclosure for this sale can be found here. In the last three months, insiders sold 106,011 shares of company stock worth $18,360,689. 6.82% of the stock is currently owned by company insiders.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $138.99 on Monday. The stock has a market cap of $32.44 billion, a P/E ratio of -185.32 and a beta of 1.19. The stock has a 50 day simple moving average of $157.98 and a 200 day simple moving average of $168.92. 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 Holdings, Inc. has a 1-year low of $120.50 and a 1-year high of $269.66.

CrowdStrike (NASDAQ:CRWDGet Rating) last released its quarterly earnings results on Tuesday, August 30th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.02). The firm had revenue of $535.15 million for the quarter, compared to analyst estimates of $516.44 million. CrowdStrike had a negative return on equity of 12.96% and a negative net margin of 9.45%. The business’s revenue for the quarter was up 58.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.21) earnings per share. Research analysts anticipate that CrowdStrike Holdings, Inc. will post -0.76 earnings per share for the current year.

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.

See Also

Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating).

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.