Glass Jacobson Investment Advisors llc Has $220,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Glass Jacobson Investment Advisors llc raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 1,046.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 860 shares of the company’s stock after acquiring an additional 785 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in CrowdStrike were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Fairfield Bush & CO. acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $654,000. MetLife Investment Management LLC acquired a new stake in shares of CrowdStrike during the first quarter worth $2,930,000. Yousif Capital Management LLC lifted its stake in CrowdStrike by 4.3% in the first quarter. Yousif Capital Management LLC now owns 2,934 shares of the company’s stock valued at $666,000 after buying an additional 120 shares during the period. Raymond James Trust N.A. grew 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 worth $643,000 after buying an additional 769 shares during the period. Finally, Synovus Financial Corp boosted its stake in CrowdStrike by 14.4% during the 1st quarter. Synovus Financial Corp now owns 2,930 shares of the company’s stock worth $658,000 after acquiring an additional 369 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Performance

CrowdStrike stock opened at $320.59 on Monday. The firm’s fifty day moving average price is $316.43 and its 200-day moving average price is $249.42. The stock has a market cap of $77.54 billion, a P/E ratio of 890.55, a price-to-earnings-growth ratio of 12.82 and a beta of 1.05. CrowdStrike Holdings, Inc. has a fifty-two week low of $115.67 and a fifty-two week high of $365.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76.

CrowdStrike (NASDAQ:CRWDGet Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.06. The business had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. On average, equities research analysts expect that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CRWD has been the topic of several recent analyst reports. Barclays lifted their price objective on CrowdStrike from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. JMP Securities upped their price objective on CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a research report on Wednesday, March 6th. Truist Financial boosted their target price on CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. DA Davidson increased their target price on shares of CrowdStrike from $285.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Finally, Sanford C. Bernstein initiated coverage on CrowdStrike in a report on Thursday, January 18th. They issued an “outperform” rating and a $334.00 price objective for the company. One research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $373.29.

Read Our Latest Report on CRWD

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75. Following the transaction, the insider now owns 235,850 shares in the company, valued at $76,851,722.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CAO Anurag Saha sold 1,786 shares of CrowdStrike stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $331.52, for a total transaction of $592,094.72. Following the sale, the chief accounting officer now owns 34,350 shares of the company’s stock, valued at approximately $11,387,712. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 14,815 shares of CrowdStrike stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75. Following the sale, the insider now directly owns 235,850 shares in the company, valued at $76,851,722.50. The disclosure for this sale can be found here. Insiders sold 237,667 shares of company stock worth $72,822,280 in the last three months. 5.68% of the stock is owned by insiders.

About CrowdStrike

(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.

See Also

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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