Fidelis Capital Partners LLC Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fidelis Capital Partners LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 569 shares of the company’s stock, valued at approximately $182,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CVA Family Office LLC acquired a new stake in CrowdStrike during the fourth quarter valued at $26,000. Hexagon Capital Partners LLC acquired a new position in CrowdStrike in the 4th quarter worth about $26,000. Silver Oak Securities Incorporated purchased a new position in CrowdStrike during the third quarter worth approximately $27,000. Bear Mountain Capital Inc. acquired a new stake in CrowdStrike in the fourth quarter valued at approximately $27,000. Finally, Trivant Custom Portfolio Group LLC purchased a new stake in shares of CrowdStrike in the first quarter valued at approximately $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on CRWD shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $420.00 price objective on shares of CrowdStrike in a report on Wednesday, June 5th. DA Davidson decreased their price target on shares of CrowdStrike from $425.00 to $380.00 and set a “buy” rating on the stock in a research note on Wednesday, June 5th. JPMorgan Chase & Co. lifted their price objective on CrowdStrike from $371.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, May 29th. BMO Capital Markets reduced their target price on CrowdStrike from $425.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, June 5th. Finally, FBN Securities raised CrowdStrike to a “strong-buy” rating in a research note on Wednesday, June 5th. Two investment analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average target price of $382.35.

Get Our Latest Analysis on CrowdStrike

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 15,000 shares of the stock in a transaction on Monday, July 1st. The stock was sold at an average price of $380.21, for a total value of $5,703,150.00. Following the sale, the director now directly owns 824,234 shares in the company, valued at $313,382,009.14. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 15,000 shares of the business’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the transaction, the director now owns 824,234 shares of the company’s stock, valued at approximately $313,382,009.14. The disclosure for this sale can be found here. Insiders sold a total of 219,675 shares of company stock worth $76,681,402 over the last 90 days. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 0.3 %

NASDAQ:CRWD opened at $390.71 on Tuesday. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $95.08 billion, a price-to-earnings ratio of 737.20, a price-to-earnings-growth ratio of 19.64 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 52 week low of $140.52 and a 52 week high of $397.12. The stock’s fifty day moving average is $352.33 and its two-hundred day moving average is $319.93.

CrowdStrike (NASDAQ:CRWDGet Free Report) last issued its quarterly earnings results on Tuesday, June 4th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The business had revenue of $921.04 million for the quarter, compared to analysts’ expectations of $904.82 million. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. Research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.9 EPS for the current year.

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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