CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Increased by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 46.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 833 shares of the company’s stock after acquiring an additional 264 shares during the period. Catalyst Financial Partners LLC’s holdings in CrowdStrike were worth $234,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the 2nd quarter worth approximately $25,000. Oakworth Capital Inc. purchased a new position in shares of CrowdStrike during the third quarter valued at $28,000. Tsfg LLC raised its position in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares during the period. Family Firm Inc. acquired a new stake in CrowdStrike during the 2nd quarter worth about $30,000. Finally, Castleview Partners LLC purchased a new position in CrowdStrike during the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. TD Cowen decreased their price target on shares of CrowdStrike from $400.00 to $380.00 and set a “buy” rating for the company in a report on Thursday, August 29th. HSBC raised shares of CrowdStrike from a “hold” rating to a “buy” rating and lifted their target price for the company from $302.00 to $339.00 in a research note on Friday, August 30th. Redburn Atlantic downgraded shares of CrowdStrike from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $380.00 to $275.00 in a research note on Thursday, July 18th. Wells Fargo & Company cut their price objective on CrowdStrike from $435.00 to $350.00 and set an “overweight” rating for the company in a report on Monday, July 22nd. Finally, Stifel Nicolaus lowered their target price on CrowdStrike from $400.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $328.74.

Insider Buying and Selling

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

CrowdStrike Stock Down 3.4 %

NASDAQ CRWD opened at $296.87 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $172.58 and a twelve month high of $398.33. The stock has a market cap of $72.77 billion, a PE ratio of 560.13, a PEG ratio of 19.94 and a beta of 1.10. The firm has a 50-day simple moving average of $284.22 and a 200 day simple moving average of $307.74. 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 quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business’s revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.06 EPS. On average, research analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

About CrowdStrike

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.