Miracle Mile Advisors LLC Invests $263,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Miracle Mile Advisors LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,031 shares of the company’s stock, valued at approximately $263,000.

Other large investors have also added to or reduced their stakes in the company. CVA Family Office LLC bought a new stake in CrowdStrike in the fourth quarter valued at $26,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of CrowdStrike during the 4th quarter valued at $36,000. Quent Capital LLC boosted its holdings in shares of CrowdStrike by 48.5% during the 4th quarter. Quent Capital LLC now owns 147 shares of the company’s stock valued at $38,000 after buying an additional 48 shares in the last quarter. Silver Oak Securities Incorporated bought a new stake in shares of CrowdStrike during the 3rd quarter valued at $27,000. Finally, Global Trust Asset Management LLC boosted its holdings in shares of CrowdStrike by 106.0% during the 4th quarter. Global Trust Asset Management LLC now owns 206 shares of the company’s stock valued at $53,000 after buying an additional 106 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

NASDAQ CRWD opened at $320.04 on Thursday. The company has a 50-day moving average price of $317.69 and a 200-day moving average price of $252.60. The firm has a market capitalization of $77.41 billion, a P/E ratio of 889.02, a PEG ratio of 12.78 and a beta of 1.05. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00.

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 the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The business had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. Equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on CRWD. Guggenheim boosted their target price on shares of CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Mizuho boosted their target price on shares of CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 target price on shares of CrowdStrike in a report on Thursday, March 14th. Barclays boosted their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. Finally, Citigroup lifted their price target on CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. One investment analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $373.29.

View Our Latest Research Report on CRWD

Insider Transactions at CrowdStrike

In related news, CFO Burt W. Podbere sold 64,000 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the sale, the chief financial officer now owns 306,508 shares of the company’s stock, valued at $97,003,651.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the firm’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 completion of the sale, the insider now owns 235,850 shares of the company’s stock, valued at $76,851,722.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 64,000 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $316.48, for a total value of $20,254,720.00. Following the completion of the sale, the chief financial officer now directly owns 306,508 shares of the company’s stock, valued at approximately $97,003,651.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 286,667 shares of company stock valued at $89,475,050. 5.68% of the stock is currently owned by corporate insiders.

About CrowdStrike

(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.

Further Reading

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:CRWDFree Report).

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.