CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 34.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,466 shares of the company’s stock after purchasing an additional 626 shares during the quarter. Global Retirement Partners LLC’s holdings in CrowdStrike were worth $630,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CRWD. Coppell Advisory Solutions Corp. purchased a new position in shares of CrowdStrike in the 4th quarter valued at $25,000. CVA Family Office LLC purchased a new stake in CrowdStrike in the fourth quarter valued at approximately $26,000. Silver Oak Securities Incorporated acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $27,000. Gradient Investments LLC grew its position in shares of CrowdStrike by 1,818.2% during the third quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. purchased a new position in CrowdStrike during the 4th quarter worth $36,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The sale was disclosed in a document filed with the SEC, which is available at this link. In other CrowdStrike news, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the transaction, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 14,815 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the sale, the insider now owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The disclosure for this sale can be found here. Insiders sold 237,667 shares of company stock valued at $72,822,280 in the last three months. Corporate insiders own 5.68% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $320.59 on Monday. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. The company has a market capitalization of $77.54 billion, a PE ratio of 890.55, a PEG ratio of 12.82 and a beta of 1.06. The company’s 50 day moving average price is $316.43 and its 200 day moving average price is $249.42.

CrowdStrike (NASDAQ:CRWDGet Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Research analysts expect that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CRWD. JMP Securities raised their price target on CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a report on Wednesday, March 6th. Morgan Stanley raised their price target on CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. Cantor Fitzgerald reissued an “overweight” rating and issued a $400.00 target price on shares of CrowdStrike in a report on Thursday, March 14th. DA Davidson raised their price objective on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Finally, Scotiabank lifted their price target on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $373.29.

Get Our Latest Report on CrowdStrike

CrowdStrike Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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