Swiss National Bank lessened its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 805,200 shares of the company’s stock after selling 4,800 shares during the quarter. Swiss National Bank owned about 0.34% of CrowdStrike worth $118,260,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Fairfield Bush & CO. bought a new stake in shares of CrowdStrike in the first quarter worth about $654,000. MetLife Investment Management LLC bought a new stake in CrowdStrike in the 1st quarter worth approximately $2,930,000. Yousif Capital Management LLC raised its holdings in shares of CrowdStrike by 4.3% during the 1st quarter. Yousif Capital Management LLC now owns 2,934 shares of the company’s stock worth $666,000 after acquiring an additional 120 shares in the last quarter. Raymond James Trust N.A. boosted its position in shares of CrowdStrike by 37.3% during the 1st quarter. Raymond James Trust N.A. now owns 2,830 shares of the company’s stock valued at $643,000 after acquiring an additional 769 shares during the last quarter. Finally, Synovus Financial Corp grew its holdings in shares of CrowdStrike by 14.4% in the first quarter. Synovus Financial Corp now owns 2,930 shares of the company’s stock valued at $658,000 after purchasing an additional 369 shares in the last quarter. 63.53% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have commented on CRWD. Macquarie increased their price objective on shares of CrowdStrike from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Thursday, September 21st. Truist Financial increased their price target on shares of CrowdStrike from $200.00 to $230.00 and gave the company a “buy” rating in a report on Monday. BMO Capital Markets reissued an “outperform” rating and set a $167.00 price objective on shares of CrowdStrike in a research note on Thursday, September 21st. JMP Securities reissued a “market outperform” rating and set a $235.00 price target on shares of CrowdStrike in a research note on Tuesday, October 24th. Finally, UBS Group upped their price objective on CrowdStrike from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Three equities research analysts have rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $193.77.
Insider Activity at CrowdStrike
In other CrowdStrike news, CAO Anurag Saha sold 926 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $167.98, for a total transaction of $155,549.48. Following the completion of the sale, the chief accounting officer now directly owns 38,554 shares in the company, valued at approximately $6,476,300.92. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Sameer K. Gandhi sold 15,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $200.06, for a total transaction of $3,000,900.00. Following the sale, the director now directly owns 852,949 shares of the company’s stock, valued at approximately $170,640,976.94. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 926 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $167.98, for a total value of $155,549.48. Following the completion of the sale, the chief accounting officer now directly owns 38,554 shares in the company, valued at $6,476,300.92. The disclosure for this sale can be found here. Insiders have sold a total of 151,083 shares of company stock worth $26,680,472 over the last quarter. Insiders own 5.68% of the company’s stock.
CrowdStrike Stock Up 3.5 %
NASDAQ:CRWD opened at $207.97 on Wednesday. The company’s 50 day moving average is $176.54 and its two-hundred day moving average is $157.79. The company has a market cap of $49.66 billion, a PE ratio of -507.24, a P/E/G ratio of 17.22 and a beta of 0.93. CrowdStrike Holdings, Inc. has a twelve month low of $92.25 and a twelve month high of $209.07. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.40.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its earnings results on Wednesday, August 30th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.07. The firm had revenue of $731.63 million for the quarter, compared to the consensus estimate of $725.44 million. CrowdStrike had a negative return on equity of 4.05% and a negative net margin of 3.54%. Analysts anticipate that CrowdStrike Holdings, Inc. will post 0.32 EPS for the current year.
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.
- Five stocks we like better than CrowdStrike
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Analyst says Archer Aviation may double. Is it time to buy?
- Stock Market Upgrades: What Are They?
- Alibaba’s bottom is in: Analysts see a monster rally ahead
- What is the Dow Jones Industrial Average (DJIA)?
- TripAdvisor is on AI-powered recovery from record lows
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.