CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 50.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,090 shares of the company’s stock after selling 1,091 shares during the quarter. Koshinski Asset Management Inc.’s holdings in CrowdStrike were worth $278,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Baystate Wealth Management LLC grew its stake in CrowdStrike by 32.9% during the 4th quarter. Baystate Wealth Management LLC now owns 856 shares of the company’s stock worth $219,000 after purchasing an additional 212 shares in the last quarter. Friedenthal Financial acquired a new stake in shares of CrowdStrike during the fourth quarter worth $715,000. Schmidt P J Investment Management Inc. purchased a new position in CrowdStrike in the fourth quarter worth $198,000. Perigon Wealth Management LLC raised its position in CrowdStrike by 77.5% in the fourth quarter. Perigon Wealth Management LLC now owns 3,773 shares of the company’s stock worth $963,000 after acquiring an additional 1,647 shares in the last quarter. Finally, Paragon Financial Partners Inc. purchased a new position in CrowdStrike in the fourth quarter worth $255,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 15,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 839,234 shares of the company’s stock, valued at approximately $265,886,115.88. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CFO Burt W. Podbere sold 64,000 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the completion of the sale, the chief financial officer now directly owns 306,508 shares of the company’s stock, valued at approximately $97,003,651.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 15,000 shares of the firm’s 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 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 sold a total of 219,544 shares of company stock valued at $70,878,772 in the last quarter. Corporate insiders own 5.68% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several research analyst reports. Guggenheim increased their price objective on CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Mizuho increased their price objective on CrowdStrike from $360.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. BMO Capital Markets increased their price objective on CrowdStrike from $332.00 to $425.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Wells Fargo & Company raised their price target on CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Finally, HSBC raised their price target on CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $373.29.

CrowdStrike Stock Down 3.1 %

NASDAQ:CRWD opened at $299.50 on Tuesday. The business’s fifty day moving average price is $319.77 and its 200 day moving average price is $261.55. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The firm has a market capitalization of $72.44 billion, a price-to-earnings ratio of 831.94, a PEG ratio of 12.36 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $839.08 million. On average, sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

About CrowdStrike

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.