CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by ASB Consultores LLC

ASB Consultores LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 68.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 886 shares of the company’s stock after purchasing an additional 360 shares during the period. ASB Consultores LLC’s holdings in CrowdStrike were worth $248,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Moloney Securities Asset Management LLC lifted its stake in CrowdStrike by 6.4% in the third quarter. Moloney Securities Asset Management LLC now owns 983 shares of the company’s stock valued at $276,000 after buying an additional 59 shares during the last quarter. PDS Planning Inc increased its holdings in shares of CrowdStrike by 58.6% in the 3rd quarter. PDS Planning Inc now owns 2,019 shares of the company’s stock worth $566,000 after acquiring an additional 746 shares during the period. Signify Wealth bought a new stake in CrowdStrike in the 3rd quarter valued at about $266,000. QRG Capital Management Inc. boosted its stake in CrowdStrike by 0.7% during the 3rd quarter. QRG Capital Management Inc. now owns 40,948 shares of the company’s stock valued at $11,485,000 after purchasing an additional 270 shares during the period. Finally, Asset Management One Co. Ltd. raised its holdings in shares of CrowdStrike by 8.5% during the third quarter. Asset Management One Co. Ltd. now owns 123,672 shares of the company’s stock valued at $34,686,000 after buying an additional 9,716 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00. Following the completion of the transaction, the insider now owns 124,298 shares in the company, valued at approximately $38,455,315.24. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00. Following the transaction, the insider now owns 124,298 shares in the company, valued at $38,455,315.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 103,212 shares of company stock valued at $30,529,413. 4.34% of the stock is owned by insiders.

CrowdStrike Stock Up 2.9 %

NASDAQ CRWD opened at $307.58 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a 50-day simple moving average of $286.26 and a 200 day simple moving average of $308.14. CrowdStrike Holdings, Inc. has a twelve month low of $183.60 and a twelve month high of $398.33. The stock has a market cap of $75.40 billion, a PE ratio of 445.77, a PEG ratio of 20.50 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 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 business had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. During the same quarter in the previous year, the firm earned $0.06 EPS. CrowdStrike’s quarterly revenue was up 31.7% on a year-over-year basis. On average, research analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CRWD. The Goldman Sachs Group decreased their price objective on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a report on Thursday, August 15th. KeyCorp upped their price target on shares of CrowdStrike from $300.00 to $345.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. HSBC upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating and boosted their price target for the company from $302.00 to $339.00 in a report on Friday, August 30th. Finally, BMO Capital Markets upped their price target on CrowdStrike from $290.00 to $315.00 and gave the company an “outperform” rating in a research report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have issued a buy rating and three have assigned 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 price target of $328.74.

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.