844 shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) bought by Cozad Asset Management Inc.

VaselineSeptember 6, 2024

0 4 minutes read

Cozad Asset Management Inc. purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 844 shares of the company’s stock, valued at approximately $323,000.

Several other institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at $533,000. Axxcess Wealth Management LLC acquired a new stake in shares of CrowdStrike during the fourth quarter valued at $217,000. Private Advisor Group LLC increased its holdings in shares of CrowdStrike by 7.1% during the fourth quarter. Private Advisor Group LLC now owns 22,732 shares of the company’s stock worth $5,804,000 after buying an additional 1,506 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of CrowdStrike by 4.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 791,803 shares of the company’s stock worth $202,163,000 after buying an additional 32,838 shares during the last quarter. Finally, Bogart Wealth LLC grew its holdings in shares of CrowdStrike by 50.0% during the fourth quarter. Bogart Wealth LLC now owns 150 shares of the company’s stock worth $38,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s shares.

Analyst upgrades and downgrades

Several brokerages recently weighed in on CRWD. 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 research report on Thursday, August 15th. BTIG Research lowered shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Sanford C. Bernstein cut their price target on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating on the stock in a research report on Thursday. Cantor Fitzgerald reduced their price target on shares of CrowdStrike from $400.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday, August 29th. Finally, Citigroup cut their price target on shares of CrowdStrike from $345.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, August 14th. One research 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 assigned a strong buy rating to the stock. CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.16, according to MarketBeat.com.

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Insider trading at CrowdStrike

In other news, CEO George Kurtz sold 55,587 shares of the stock in a transaction on Friday, June 21st. The shares were sold at an average price of $376.45, for a total value of $20,925,726.15. Following the completion of the sale, the chief executive officer now owns 1,127,843 shares of the company’s stock, valued at $424,576,497.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this hyperlink. In related news, CEO George Kurtz sold 55,587 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $376.45, for a total transaction of $20,925,726.15. Following the completion of the sale, the chief executive officer now directly owns 1,127,843 shares of the company’s stock, valued at approximately $424,576,497.35. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. Also, CAO Anurag Saha sold 1,662 shares of the firm’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 sale, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The disclosure for this sale can be found here. Insiders have sold 130,219 shares of company stock worth $48,856,294 over the last 90 days. Corporate insiders own 4.34% of the company’s shares.

CrowdStrike Price Performance

Shares of CrowdStrike opened at $256.43 on Friday. CrowdStrike Holdings, Inc. it has a 52-week low of $157.59 and a 52-week high of $398.33. The firm has a fifty day moving average of $292.42 and a 200 day moving average of $316.40. The firm has a market cap of $62.41 billion, a P/E ratio of 483.83, a PEG ratio of 13.44 and a beta of 1.09. The company has a quick ratio of 1.80, a current ratio of 1.90, and a debt-to-equity ratio of 0.26.

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

CrowdStrike Company Profile

(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.