CVA Family Office LLC Buys Shares of 100 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

CVA Family Office LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 100 shares of the company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. raised its position in CrowdStrike by 17.6% in the second quarter. BlackRock Inc. now owns 16,070,200 shares of the company’s stock valued at $2,360,230,000 after purchasing an additional 2,401,659 shares during the period. Vanguard Group Inc. raised its position in CrowdStrike by 1.0% in the third quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock valued at $2,463,451,000 after purchasing an additional 150,898 shares during the period. Morgan Stanley raised its position in CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after purchasing an additional 2,757,251 shares during the period. State Street Corp raised its position in CrowdStrike by 1.6% in the second quarter. State Street Corp now owns 4,392,861 shares of the company’s stock valued at $645,179,000 after purchasing an additional 70,484 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its stake in shares of CrowdStrike by 62.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,761,214 shares of the company’s stock valued at $396,019,000 after buying an additional 1,440,905 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.5 %

CRWD opened at $320.59 on Friday. The business has a 50 day moving average price of $315.82 and a two-hundred day moving average price of $247.84. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The company has a market cap of $77.54 billion, a PE ratio of 890.55, a P/E/G ratio of 13.08 and a beta of 1.06. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00.

CrowdStrike (NASDAQ:CRWDGet Free Report) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $845.34 million for the quarter, compared to analysts’ expectations of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. As a group, research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.1 EPS for the current year.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,786 shares of CrowdStrike stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $331.52, for a total value of $592,094.72. Following the transaction, the chief accounting officer now owns 34,350 shares in the company, valued at $11,387,712. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other CrowdStrike news, CAO Anurag Saha sold 1,786 shares of CrowdStrike stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $331.52, for a total value of $592,094.72. Following the transaction, the chief accounting officer now owns 34,350 shares in the company, valued at $11,387,712. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 15,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $240.13, for a total transaction of $3,601,950.00. Following the transaction, the director now owns 846,799 shares in the company, valued at $203,341,843.87. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 237,667 shares of company stock worth $72,822,280. 5.68% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, January 17th. Piper Sandler boosted their target price on CrowdStrike from $300.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 6th. Stifel Nicolaus boosted their target price on CrowdStrike from $315.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Evercore ISI boosted their target price on CrowdStrike from $255.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. Finally, BMO Capital Markets boosted their target price on CrowdStrike from $332.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $373.29.

Read Our Latest Report on CrowdStrike

CrowdStrike Company 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.

Further Reading

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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