Thrivent Financial for Lutherans raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Rating) by 255.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,040 shares of the company’s stock after purchasing an additional 7,933 shares during the period. Thrivent Financial for Lutherans’ holdings in CrowdStrike were worth $1,159,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Mach 1 Financial Group LLC acquired a new position in CrowdStrike during the 3rd quarter valued at about $27,000. Glassman Wealth Services lifted its position in CrowdStrike by 41.9% during the 4th quarter. Glassman Wealth Services now owns 325 shares of the company’s stock valued at $34,000 after purchasing an additional 96 shares during the period. Psagot Value Holdings Ltd. Israel acquired a new position in CrowdStrike during the 4th quarter valued at about $37,000. Guardian Wealth Advisors LLC acquired a new position in CrowdStrike during the 3rd quarter valued at about $38,000. Finally, Accurate Wealth Management LLC acquired a new position in CrowdStrike during the 4th quarter valued at about $38,000. 65.05% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on CRWD. Macquarie reiterated an “outperform” rating and issued a $180.00 price target on shares of CrowdStrike in a research report on Thursday, April 6th. Deutsche Bank Aktiengesellschaft increased their price target on shares of CrowdStrike from $115.00 to $130.00 in a research report on Wednesday, March 8th. Westpark Capital upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating in a research report on Wednesday, March 8th. Guggenheim reiterated a “buy” rating and issued a $147.00 price target on shares of CrowdStrike in a research report on Wednesday, March 8th. Finally, Morgan Stanley increased their price target on shares of CrowdStrike from $150.00 to $163.00 and gave the company an “overweight” rating in a research report on Tuesday, March 14th. Five equities research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $172.32.
Insider Transactions at CrowdStrike
CrowdStrike Trading Up 1.9 %
Shares of CrowdStrike stock opened at $147.41 on Tuesday. The business has a fifty day simple moving average of $131.13 and a two-hundred day simple moving average of $121.34. CrowdStrike Holdings, Inc. has a 1 year low of $92.25 and a 1 year high of $205.73. The company has a market capitalization of $34.77 billion, a price-to-earnings ratio of -186.59 and a beta of 1.03. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.73 and a quick ratio of 1.73.
CrowdStrike (NASDAQ:CRWD – Get Rating) last announced its quarterly earnings results on Tuesday, March 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.01). CrowdStrike had a negative net margin of 8.18% and a negative return on equity of 12.20%. The business had revenue of $637.37 million for the quarter, compared to analyst estimates of $624.68 million. Research analysts forecast that CrowdStrike Holdings, Inc. will post -0.22 EPS for the current year.
CrowdStrike Holdings, Inc provides cybersecurity products and services to stop breaches. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management.
- Get a free copy of the StockNews.com research report on CrowdStrike (CRWD)
- monday.com Surges on Price and Volume after Blowout Results
- Can Ryanair Stock Fly Above Resistance Levels, What Earnings Show
- All Aboard! The Sell-Side Has Railroads In Reversal
- Is There Value Left in Lyft Stock?
- Everything About ZIM Integrated Screams Undervaluation
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:CRWD – Get Rating).
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.