Coldstream Capital Management Inc. Buys Shares of 1,990 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Coldstream Capital Management Inc. purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,990 shares of the company’s stock, valued at approximately $508,000.

Other institutional investors and hedge funds have also modified their holdings of the company. CVA Family Office LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at about $26,000. Hexagon Capital Partners LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated purchased a new stake in CrowdStrike in the 3rd quarter valued at approximately $27,000. Bear Mountain Capital Inc. purchased a new stake in CrowdStrike in the 4th quarter valued at approximately $27,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in CrowdStrike during the 4th quarter valued at $36,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, CAO Anurag Saha sold 1,019 shares of the firm’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 $331,990.20. Following the completion of the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other CrowdStrike news, CFO Burt W. Podbere sold 5,424 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $349.01, for a total transaction of $1,893,030.24. Following the sale, the chief financial officer now owns 308,593 shares in the company, valued at $107,702,042.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Anurag Saha sold 1,019 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $331,990.20. Following the transaction, the chief accounting officer now directly owns 36,136 shares in the company, valued at approximately $11,773,108.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 317,000 shares of company stock valued at $101,229,160. Insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on CRWD shares. Mizuho upped their price objective on CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Royal Bank of Canada raised their price target on shares of CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. KeyCorp lowered their price target on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. UBS Group upped their price objective on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Finally, Wedbush lifted their target price on shares of CrowdStrike from $278.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 5th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike Trading Down 0.9 %

CRWD opened at $342.35 on Friday. The firm’s 50 day moving average is $316.33 and its 200-day moving average is $286.86. CrowdStrike Holdings, Inc. has a 52-week low of $139.37 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 firm has a market capitalization of $82.80 billion, a P/E ratio of 951.00, a P/E/G ratio of 13.82 and a beta of 1.08.

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. The firm had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Analysts expect that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

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.