Ferguson Wellman Capital Management Inc. Acquires 5,157 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Ferguson Wellman Capital Management Inc. grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,085 shares of the company’s stock after purchasing an additional 5,157 shares during the quarter. Ferguson Wellman Capital Management Inc. owned about 0.06% of CrowdStrike worth $19,546,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Transcend Capital Advisors LLC bought a new stake in shares of CrowdStrike during the 1st quarter worth about $255,000. Nordea Investment Management AB grew its holdings in CrowdStrike by 0.8% during the second quarter. Nordea Investment Management AB now owns 456,925 shares of the company’s stock valued at $67,241,000 after purchasing an additional 3,486 shares during the last quarter. Maryland State Retirement & Pension System raised its position in shares of CrowdStrike by 5.3% in the first quarter. Maryland State Retirement & Pension System now owns 17,037 shares of the company’s stock valued at $2,338,000 after purchasing an additional 851 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of CrowdStrike by 7.0% in the first quarter. Janney Montgomery Scott LLC now owns 54,043 shares of the company’s stock worth $7,418,000 after buying an additional 3,513 shares during the last quarter. Finally, M&R Capital Management Inc. bought a new stake in shares of CrowdStrike during the 2nd quarter worth $870,000. Institutional investors and hedge funds own 63.53% of the company’s stock.

CrowdStrike Trading Down 3.1 %

CRWD traded down $5.28 during mid-day trading on Friday, reaching $165.45. The stock had a trading volume of 4,727,597 shares, compared to its average volume of 4,298,033. The stock has a market capitalization of $39.51 billion, a P/E ratio of -403.54, a P/E/G ratio of 16.96 and a beta of 0.96. CrowdStrike Holdings, Inc. has a 52 week low of $92.25 and a 52 week high of $181.84. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.82 and a current ratio of 1.82. The firm’s fifty day simple moving average is $154.75 and its two-hundred day simple moving average is $143.39.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Roxanne S. Austin sold 20,000 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $154.32, for a total transaction of $3,086,400.00. Following the completion of the sale, the director now directly owns 37,656 shares of the company’s stock, valued at approximately $5,811,073.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, President Michael Sentonas sold 10,551 shares of the firm’s stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $150.48, for a total value of $1,587,714.48. Following the transaction, the president now directly owns 381,289 shares in the company, valued at approximately $57,376,368.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 20,000 shares of CrowdStrike stock in a transaction on Monday, July 17th. The stock was sold at an average price of $154.32, for a total value of $3,086,400.00. Following the sale, the director now directly owns 37,656 shares of the company’s stock, valued at $5,811,073.92. The disclosure for this sale can be found here. Insiders have sold a total of 342,479 shares of company stock worth $51,344,648 over the last 90 days. Insiders own 5.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. JMP Securities reissued a “market outperform” rating and set a $235.00 target price on shares of CrowdStrike in a research report on Thursday, August 31st. Bank of America raised their target price on CrowdStrike from $162.00 to $190.00 in a report on Friday, June 16th. TheStreet raised CrowdStrike from a “d+” rating to a “c” rating in a research report on Wednesday, May 31st. Robert W. Baird dropped their target price on shares of CrowdStrike from $185.00 to $180.00 in a research report on Thursday, June 1st. Finally, Canaccord Genuity Group boosted their price objective on shares of CrowdStrike from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Tuesday, August 22nd. Five research analysts have 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 an average price target of $183.28.

CrowdStrike Profile

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.