2 weeks Ago By ABMN Staff
CrowdStrike ( NASDAQ:CRWD – Get Free Report ) ‘s stock had its “hold” rating reissued by investment analysts at Westpark Capital in a report released on Thursday, Benzinga reports. A number of other equities research analysts have also issued reports on CRWD. Evercore ISI dropped their target price on CrowdStrike from $350.
00 to $325.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 30th. KeyCorp cut their price objective on shares of CrowdStrike from $440.
00 to $420.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 17th. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and reduced their target price for the stock from $388.
00 to $302.00 in a report on Tuesday, July 23rd. Truist Financial reiterated a “buy” rating and issued a $325.
00 price target on shares of CrowdStrike in a research note on Wednesday. Finally, Cantor Fitzgerald reduced their price objective on shares of CrowdStrike from $400.00 to $350.
00 and set an “overweight” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $326.15. Get Our Latest Report on CRWD CrowdStrike Stock Performance CrowdStrike ( NASDAQ:CRWD – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 28th.
The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.97 by $0.
07. The business had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.
27 million. CrowdStrike had a net margin of 4.01% and a return on equity of 7.
39%. The firm’s revenue was up 31.7% compared to the same quarter last year.
During the same period in the previous year, the firm posted $0.06 EPS. On average, analysts forecast that CrowdStrike will post 0.
87 EPS for the current fiscal year. Insider Transactions at CrowdStrike In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $260.
00, for a total transaction of $1,040,000.00. Following the sale, the insider now owns 179,091 shares of the company’s stock, valued at $46,563,660.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $260.
00, for a total transaction of $1,040,000.00. Following the completion of the sale, the insider now owns 179,091 shares of the company’s stock, valued at $46,563,660.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, President Michael Sentonas sold 10,735 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.
63, for a total transaction of $4,086,063.05. Following the completion of the transaction, the president now directly owns 411,166 shares in the company, valued at $156,502,114.
58. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 130,219 shares of company stock valued at $48,856,294.
4.34% of the stock is currently owned by company insiders. Institutional Investors Weigh In On CrowdStrike Several institutional investors and hedge funds have recently added to or reduced their stakes in the business.
NCP Inc. bought a new position in shares of CrowdStrike in the 2nd quarter valued at $115,000. Gordian Capital Singapore Pte Ltd grew its position in CrowdStrike by 15.
8% in the second quarter. Gordian Capital Singapore Pte Ltd now owns 586 shares of the company’s stock valued at $225,000 after acquiring an additional 80 shares during the last quarter. Strategic Investment Solutions Inc.
IL acquired a new position in CrowdStrike during the second quarter worth about $38,000. New Wave Wealth Advisors LLC bought a new position in shares of CrowdStrike in the second quarter worth about $325,000. Finally, Granite Bay Wealth Management LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $5,045,000.
71.16% of the stock is currently owned by institutional investors. About CrowdStrike ( Get 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. Featured Articles Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.
com's FREE daily email newsletter ..
