2,571 shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) acquired by Stablepoint Partners LLC

Stablepoint Partners LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,571 shares of the company’s stock, valued at approximately $985,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of CRWD. Burney Co. purchased a new position in CrowdStrike in the first quarter worth about $1,342,000. Principal Financial Group Inc. increased its position in shares of CrowdStrike by 429.2% in the second quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock worth $114,360,000 after purchasing an additional 242,052 shares during the period. BNP Paribas acquired a new position in CrowdStrike in the first quarter valued at $2,685,000. Swedbank AB acquired a new stake in CrowdStrike in the first quarter valued at approximately $73,972,000. Finally, Coldstream Capital Management Inc. purchased a new stake in CrowdStrike during the fourth quarter valued at about $508,000. Institutional investors and hedge funds own 71.16% of the company’s shares.

Insider buying and selling

In related news, CAO Anurag Saha sold 1,662 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $632,607.06. Following the completion of the transaction, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The sale was disclosed in a filing with the SEC, which is available at this link. In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the business’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 $632,607.06. Following the completion of the transaction, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at approximately $15,470,706.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. Also, CFO Burt W. Podbere sold 11,154 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $379.81, for a total transaction of $4,236,400.74. Following the completion of the sale, the chief financial officer now owns 297,650 shares in the company, valued at approximately $113,050,446.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 130,219 shares of company stock worth $48,856,294. Insiders own 4.34% of the company’s shares.

Analysts set new price targets

CRWD has been the subject of several research analyst reports. Oppenheimer reduced their price objective on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Royal Bank of Canada cut their price objective on shares of CrowdStrike from $345.00 to $335.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Scotiabank decreased their price objective on shares of CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 14th. Morgan Stanley cut their price target on shares of CrowdStrike from $360.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday, August 15th. Finally, KeyCorp cut their price target on CrowdStrike from $440.00 to $420.00 and set an “overweight” rating for the company in a report on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Moderate Buy” and a consensus price target of $327.16, according to MarketBeat.

Read the latest stock report on CrowdStrike

CrowdStrike stock down 1.1%

Shares of CRWD opened at $256.43 on Friday. The firm has a market cap of $62.41 billion, a price-to-earnings ratio of 483.83, a PEG ratio of 13.44 and a beta of 1.09. CrowdStrike Holdings, Inc. has a 1 year low of $157.59 and a 1 year high of $398.33. The firm has a fifty day moving average price of $292.42 and a two hundred day moving average price of $316.40. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90, and a quick ratio of 1.80.

CrowdStrike (NASDAQ:CRWD – Get Your Free Report ) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. In the same quarter last year, the firm earned $0.06 EPS. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. Research analysts predict that CrowdStrike Holdings, Inc. it will post 0.81 EPS for the current year.

About CrowdStrike

(Free report)

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform provides cloud-delivered protection of endpoints, cloud workloads, identity and data. The company provides 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 automation of workflow based on artificial intelligence and security. generative AI workload services.

Further reading

Get news and 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.