Capital Advisors Inc. OK Invests $394,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Capital Advisors Inc. OK acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,545 shares of the company’s stock, valued at approximately $394,000.

Several other institutional investors have also recently modified their holdings of CRWD. Morgan Stanley raised its stake in shares of CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock worth $832,516,000 after purchasing an additional 2,757,251 shares during the last quarter. Alliancebernstein L.P. grew its holdings in CrowdStrike by 1,593.7% during the second quarter. Alliancebernstein L.P. now owns 2,643,904 shares of the company’s stock worth $388,310,000 after acquiring an additional 2,487,806 shares during the period. Norges Bank acquired a new stake in CrowdStrike during the fourth quarter worth about $244,740,000. T. Rowe Price Investment Management Inc. grew its holdings in CrowdStrike by 62.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,761,214 shares of the company’s stock worth $396,019,000 after acquiring an additional 1,440,905 shares during the period. Finally, Clearbridge Investments LLC grew its holdings in CrowdStrike by 69.3% during the first quarter. Clearbridge Investments LLC now owns 2,310,859 shares of the company’s stock worth $524,750,000 after acquiring an additional 945,703 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 15,000 shares of CrowdStrike stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $316.82, for a total value of $4,752,300.00. Following the sale, the director now owns 839,234 shares in the company, valued at $265,886,115.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Anurag Saha sold 1,786 shares of CrowdStrike stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $331.52, for a total value of $592,094.72. Following the completion of the sale, the chief accounting officer now directly owns 34,350 shares of the company’s stock, valued at $11,387,712. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 15,000 shares of CrowdStrike stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $316.82, for a total value of $4,752,300.00. Following the completion of the sale, the director now directly owns 839,234 shares of the company’s stock, valued at $265,886,115.88. The disclosure for this sale can be found here. Insiders have sold 241,667 shares of company stock worth $77,205,950 over the last quarter. 5.68% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $309.05 on Monday. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00. 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 capitalization of $74.75 billion, a P/E ratio of 858.50, a P/E/G ratio of 12.36 and a beta of 1.05. The stock’s fifty day moving average is $319.83 and its two-hundred day moving average is $260.60.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The company had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. Equities analysts expect that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on CRWD. The Goldman Sachs Group raised their target price on CrowdStrike from $222.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. Wells Fargo & Company raised their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. Macquarie reaffirmed an “outperform” rating and set a $370.00 target price on shares of CrowdStrike in a report on Tuesday, March 19th. JPMorgan Chase & Co. raised their price objective on CrowdStrike from $350.00 to $371.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. Finally, Royal Bank of Canada raised their price objective on CrowdStrike from $357.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $373.29.

CrowdStrike Company Profile

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.