CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Rakuten Securities Inc.

Rakuten Securities Inc. raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 264.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,355 shares of the company’s stock after acquiring an additional 8,237 shares during the period. CrowdStrike makes up approximately 1.4% of Rakuten Securities Inc.’s investment portfolio, making the stock its 13th largest position. Rakuten Securities Inc.’s holdings in CrowdStrike were worth $3,185,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its position in CrowdStrike by 2.0% during the first quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock worth $5,149,124,000 after buying an additional 315,280 shares in the last quarter. Legal & General Group Plc increased its stake in shares of CrowdStrike by 3.0% in the 2nd quarter. Legal & General Group Plc now owns 2,049,704 shares of the company’s stock worth $785,425,000 after acquiring an additional 60,607 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of CrowdStrike by 4.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company’s stock worth $696,471,000 after acquiring an additional 77,100 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of 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 purchasing an additional 564,662 shares during the period. Finally, Federated Hermes Inc. increased its position in CrowdStrike by 0.9% during the second quarter. Federated Hermes Inc. now owns 1,112,272 shares of the company’s stock worth $426,212,000 after purchasing an additional 9,564 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the transaction, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on 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 sale, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 sale, the chief accounting officer now owns 38,962 shares of the company’s stock, 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. Insiders sold a total of 108,248 shares of company stock valued at $32,143,350 over the last three months. 4.34% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CRWD shares. Rosenblatt Securities restated a “buy” rating and set a $325.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. HSBC upgraded CrowdStrike from a “hold” rating to a “buy” rating and increased their price target for the stock from $302.00 to $339.00 in a report on Friday, August 30th. KeyCorp boosted their price objective on shares of CrowdStrike from $300.00 to $345.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. Royal Bank of Canada lowered their target price 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. Finally, Barclays lifted their price target on shares of CrowdStrike from $285.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $328.74.

CrowdStrike Stock Up 3.8 %

Shares of NASDAQ:CRWD opened at $342.42 on Tuesday. CrowdStrike Holdings, Inc. has a 1-year low of $197.17 and a 1-year high of $398.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a market cap of $83.94 billion, a P/E ratio of 496.26, a P/E/G ratio of 22.31 and a beta of 1.10. The firm has a fifty day moving average price of $290.92 and a 200 day moving average price of $309.11.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 earnings per share. Sell-side analysts predict that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.

CrowdStrike Company 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.