Calamos Advisors LLC Acquires 140 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Calamos Advisors LLC grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,530 shares of the company’s stock after acquiring an additional 140 shares during the quarter. Calamos Advisors LLC’s holdings in CrowdStrike were worth $646,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Trust Investment Advisors bought a new stake in shares of CrowdStrike during the 4th quarter worth approximately $257,000. Federated Hermes Inc. lifted its stake in CrowdStrike by 24.3% during the fourth quarter. Federated Hermes Inc. now owns 1,089,000 shares of the company’s stock worth $278,043,000 after purchasing an additional 213,226 shares during the last quarter. Roman Butler Fullerton & Co. bought a new stake in CrowdStrike during the fourth quarter worth $1,727,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of CrowdStrike by 92.7% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 578 shares of the company’s stock valued at $148,000 after purchasing an additional 278 shares during the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of CrowdStrike during the 4th quarter worth $10,213,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $282.64 on Monday. CrowdStrike Holdings, Inc. has a one year low of $115.67 and a one year high of $365.00. The company has a market cap of $68.36 billion, a PE ratio of 785.13, a P/E/G ratio of 11.30 and a beta of 1.05. The stock has a 50-day moving average of $317.72 and a 200-day moving average of $265.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The firm had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. On average, equities research analysts predict that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of recent analyst reports. TD Cowen lifted their target price on CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Morgan Stanley upped their price objective on shares of CrowdStrike from $304.00 to $372.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 13th. The Goldman Sachs Group raised their target price on shares of CrowdStrike from $222.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. Rosenblatt Securities reiterated a “buy” rating and set a $400.00 price target on shares of CrowdStrike in a report on Monday, April 8th. Finally, UBS Group raised their price objective on CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the transaction, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the sale, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 78,080 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the sale, the chief executive officer now directly owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The disclosure for this sale can be found here. In the last 90 days, insiders sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is owned by corporate insiders.

CrowdStrike Company Profile

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.