DekaBank Deutsche Girozentrale Has $124.64 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

DekaBank Deutsche Girozentrale boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.7% in the third quarter, Holdings Channel reports. The firm owned 439,865 shares of the company’s stock after purchasing an additional 2,863 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in CrowdStrike were worth $124,644,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CRWD. MCF Advisors LLC acquired a new stake in CrowdStrike in the first quarter valued at approximately $32,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of CrowdStrike by 83.5% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 3,620 shares of the company’s stock valued at $1,161,000 after acquiring an additional 1,647 shares in the last quarter. Grimes & Company Inc. acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $236,000. Atticus Wealth Management LLC grew its position in CrowdStrike by 972.7% during the 1st quarter. Atticus Wealth Management LLC now owns 118 shares of the company’s stock worth $38,000 after acquiring an additional 107 shares during the last quarter. Finally, Founders Financial Securities LLC increased its holdings in CrowdStrike by 5.7% in the 1st quarter. Founders Financial Securities LLC now owns 1,483 shares of the company’s stock worth $475,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research reports. Sanford C. Bernstein dropped their price objective on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. Barclays raised their price target on shares of CrowdStrike from $285.00 to $295.00 and gave the company an “overweight” rating in a research note on Thursday, August 29th. Oppenheimer cut their price target on shares of CrowdStrike from $450.00 to $365.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Robert W. Baird decreased their price objective on CrowdStrike from $335.00 to $315.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Finally, BNP Paribas initiated coverage on CrowdStrike in a report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 target price on the stock. One investment 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 assigned a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $328.74.

Insider Activity

In related news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the transaction, the insider now directly owns 174,591 shares of the company’s stock, valued at approximately $45,521,111.43. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the sale, the insider now owns 174,591 shares in the company, valued at $45,521,111.43. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 103,212 shares of company stock valued at $30,529,413 over the last quarter. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CrowdStrike stock opened at $300.62 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The business’s 50 day simple moving average is $281.37 and its 200 day simple moving average is $307.96. CrowdStrike Holdings, Inc. has a 12 month low of $170.17 and a 12 month high of $398.33. The company has a market cap of $73.16 billion, a price-to-earnings ratio of 567.21, a PEG ratio of 19.94 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data 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 company had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.06 EPS. Sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

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.