CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC reduced its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 32.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122 shares of the company’s stock after selling 58 shares during the quarter. Larson Financial Group LLC’s holdings in CrowdStrike were worth $31,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. CVA Family Office LLC acquired a new stake in CrowdStrike during the 4th quarter worth $26,000. Silver Oak Securities Incorporated acquired a new stake in CrowdStrike during the 3rd quarter worth $27,000. Bear Mountain Capital Inc. acquired a new stake in CrowdStrike during the 4th quarter worth $27,000. Gradient Investments LLC raised its stake in CrowdStrike by 1,818.2% during the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in CrowdStrike during the 4th quarter worth $36,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $6,107,772.60. Following the completion of the transaction, the president now owns 382,958 shares of the company’s stock, valued at $124,767,716.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CEO George Kurtz sold 78,080 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the transaction, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the completion of the transaction, the president now directly owns 382,958 shares of the company’s stock, valued at approximately $124,767,716.40. The disclosure for this sale can be found here. Insiders sold a total of 223,544 shares of company stock valued at $72,113,932 over the last 90 days. Insiders own 5.68% of the company’s stock.

CrowdStrike Stock Up 2.0 %

Shares of NASDAQ CRWD opened at $304.07 on Friday. CrowdStrike Holdings, Inc. has a 12-month low of $115.67 and a 12-month high of $365.00. The company has a market capitalization of $73.55 billion, a PE ratio of 844.66, a price-to-earnings-growth ratio of 11.90 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. The firm’s 50-day moving average is $314.71 and its two-hundred day moving average is $268.13.

CrowdStrike (NASDAQ:CRWD) last announced 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. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The company had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. Equities analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analyst Ratings Changes

CRWD has been the topic of several research analyst reports. Robert W. Baird lifted their price target on shares of CrowdStrike from $281.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. Wells Fargo & Company lifted their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. HSBC lifted their price objective on shares of CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Macquarie restated an “outperform” rating and issued a $370.00 price objective on shares of CrowdStrike in a research note on Tuesday, March 19th. Finally, Scotiabank lifted their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike 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.