CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 21.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,439 shares of the company’s stock after acquiring an additional 2,547 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in CrowdStrike were worth $4,050,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC boosted its position in shares of CrowdStrike by 59.9% during the 1st quarter. Quent Capital LLC now owns 235 shares of the company’s stock worth $75,000 after acquiring an additional 88 shares in the last quarter. Koshinski Asset Management Inc. lifted its stake in CrowdStrike by 82.9% during the first quarter. Koshinski Asset Management Inc. now owns 1,994 shares of the company’s stock worth $639,000 after purchasing an additional 904 shares during the last quarter. TBH Global Asset Management LLC acquired a new position in CrowdStrike in the first quarter valued at approximately $435,000. Kingsview Wealth Management LLC increased its stake in CrowdStrike by 2.6% in the first quarter. Kingsview Wealth Management LLC now owns 6,731 shares of the company’s stock valued at $2,158,000 after purchasing an additional 169 shares during the last quarter. Finally, Picton Mahoney Asset Management acquired a new stake in CrowdStrike during the first quarter worth approximately $4,140,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $350.00 target price on shares of CrowdStrike in a research report on Thursday, September 19th. Royal Bank of Canada cut their target price on CrowdStrike from $345.00 to $335.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. Canaccord Genuity Group reissued a “buy” rating and issued a $330.00 target price on shares of CrowdStrike in a research report on Monday, September 30th. Guggenheim lowered CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Finally, KeyCorp increased their price objective on CrowdStrike from $300.00 to $345.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $328.74.

CrowdStrike Stock Up 1.3 %

CrowdStrike stock opened at $347.88 on Thursday. CrowdStrike Holdings, Inc. has a fifty-two week low of $198.86 and a fifty-two week high of $398.33. The firm has a market capitalization of $85.28 billion, a price-to-earnings ratio of 504.17, a price-to-earnings-growth ratio of 23.22 and a beta of 1.10. The stock’s fifty day moving average is $292.46 and its two-hundred day moving average is $309.39. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) 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 company had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. During the same quarter in the previous year, the business posted $0.06 earnings per share. The firm’s quarterly revenue was up 31.7% compared to the same quarter last year. Analysts predict that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the transaction, the director now owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now owns 816,730 shares of the company’s stock, valued at $261,745,630.40. 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, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the completion of the transaction, the insider now directly owns 124,298 shares of the company’s stock, valued at $38,455,315.24. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 104,248 shares of company stock valued at $31,103,350. 4.34% of the stock is owned by corporate insiders.

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.