CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,539 shares of the company’s stock after acquiring an additional 73 shares during the period. Yousif Capital Management LLC’s holdings in CrowdStrike were worth $648,000 at the end of the most recent quarter.

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

CrowdStrike Price Performance

CRWD stock opened at $310.21 on Monday. CrowdStrike Holdings, Inc. has a 12 month low of $117.45 and a 12 month 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’s 50-day moving average price is $313.47 and its two-hundred day moving average price is $273.30. The firm has a market cap of $75.03 billion, a P/E ratio of 861.72, a P/E/G ratio of 12.41 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping 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 net margin of 2.92% and a return on equity of 6.09%. On average, analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the sale, the insider now owns 208,961 shares in the company, valued at $64,525,067.19. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 64,000 shares of CrowdStrike stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $316.48, for a total value of $20,254,720.00. Following the sale, the chief financial officer now directly owns 306,508 shares in the company, valued at $97,003,651.84. The disclosure for this sale can be found here. Insiders sold a total of 223,544 shares of company stock worth $72,113,932 in the last quarter. 5.68% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have commented on CRWD shares. Susquehanna lifted their target price on shares of CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a research note on Thursday, March 7th. Jefferies Financial Group upped their price objective on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. TD Cowen raised their target price on CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. UBS Group lifted their target price on CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Finally, Robert W. Baird increased their price target on CrowdStrike from $281.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.87.

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.