2 weeks Ago By Defense World Staff
Legal & General Group Plc lifted its stake in shares of CrowdStrike Holdings, Inc. ( NASDAQ:CRWD – Free Report ) by 3.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 2,049,704 shares of the company’s stock after purchasing an additional 60,607 shares during the period. Legal & General Group Plc owned 0.84% of CrowdStrike worth $785,425,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the stock. Pathstone Holdings LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth about $450,418,000. Vanguard Group Inc.
raised its stake in CrowdStrike by 7.0% in the fourth quarter. Vanguard Group Inc.
now owns 15,746,120 shares of the company’s stock valued at $4,020,299,000 after buying an additional 1,028,405 shares during the period. Bank of New York Mellon Corp raised its stake in CrowdStrike by 47.5% in the second quarter.
Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock valued at $671,828,000 after buying an additional 564,662 shares during the period. Acadian Asset Management LLC lifted its position in shares of CrowdStrike by 619.0% in the first quarter.
Acadian Asset Management LLC now owns 554,876 shares of the company’s stock valued at $177,865,000 after buying an additional 477,706 shares during the last quarter. Finally, Frontier Capital Management Co. LLC bought a new position in shares of CrowdStrike during the 4th quarter worth approximately $100,459,000.
Institutional investors and hedge funds own 71.16% of the company’s stock. Analyst Ratings Changes A number of equities research analysts recently weighed in on CRWD shares.
Morgan Stanley restated an “overweight” rating and issued a $325.00 price target on shares of CrowdStrike in a research note on Monday, September 9th. UBS Group dropped their price objective on shares of CrowdStrike from $330.
00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Hsbc Global Res raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 30th.
Jefferies Financial Group upped their price target on shares of CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Tuesday.
Finally, Canaccord Genuity Group cut their price objective on shares of CrowdStrike from $340.00 to $330.00 and set a “buy” rating for the company in a research report on Thursday, August 29th.
One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $326.50.
CrowdStrike Trading Down 1.7 % Shares of CRWD stock opened at $281.48 on Friday.
The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.
26. The firm has a market capitalization of $69.00 billion, a P/E ratio of 531.
10, a P/E/G ratio of 19.60 and a beta of 1.09.
CrowdStrike Holdings, Inc. has a twelve month low of $160.67 and a twelve month high of $398.
33. The stock’s fifty day simple moving average is $260.01 and its 200 day simple moving average is $311.
39. CrowdStrike ( NASDAQ:CRWD – Get Free Report ) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.
04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07.
CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%.
The company had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million.
During the same quarter in the prior year, the firm posted $0.06 earnings per share. The firm’s revenue was up 31.
7% compared to the same quarter last year. As a group, sell-side analysts predict that CrowdStrike Holdings, Inc. will post 0.
53 EPS for the current fiscal year. Insider Transactions at CrowdStrike In related news, Director Sameer K. Gandhi sold 15,000 shares of the stock in a transaction on Monday, July 1st.
The stock was sold at an average price of $380.21, for a total value of $5,703,150.00.
Following the completion of the sale, the director now directly owns 824,234 shares in the company, valued at $313,382,009.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website .
In other CrowdStrike news, Director Sameer K. Gandhi sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $380.
21, for a total transaction of $5,703,150.00. Following the completion of the transaction, the director now owns 824,234 shares in the company, valued at approximately $313,382,009.
14. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, CFO Burt W.
Podbere sold 11,178 shares of the business’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.47, for a total transaction of $3,325,119.
66. Following the completion of the transaction, the chief financial officer now owns 286,472 shares in the company, valued at approximately $85,216,825.84.
The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 111,962 shares of company stock worth $34,477,948. Company insiders own 4.
34% of the company’s stock. CrowdStrike Company Profile ( Free Report ) 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. See Also Five stocks we like better than CrowdStrike The 3 Best Retail Stocks to Shop for in August REITs on the Rise After Rate Cuts: Where to Invest Now With Risk Tolerance, One Size Does Not Fit All Is Viking Therapeutics Ready For Another Surge? Do Real Estate Investment Trusts Deserve a Place in Your Portfolio? AI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc.
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