Silicon Valley Capital Partners Has $222,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Silicon Valley Capital Partners grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 171.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 792 shares of the company’s stock after buying an additional 500 shares during the quarter. Silicon Valley Capital Partners’ holdings in CrowdStrike were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Burney Co. acquired a new stake in CrowdStrike during the 1st quarter worth $1,342,000. Doliver Advisors LP grew its stake in CrowdStrike by 223.2% in the third quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock valued at $1,894,000 after purchasing an additional 4,664 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of CrowdStrike by 0.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after buying an additional 2,863 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of CrowdStrike by 258.9% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 19,315 shares of the company’s stock worth $5,417,000 after purchasing an additional 13,934 shares during the last quarter. Finally, HWG Holdings LP acquired a new stake in shares of CrowdStrike in the second quarter valued at approximately $2,955,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 1.0 %

NASDAQ CRWD opened at $300.00 on Monday. The stock’s 50-day moving average price is $284.85 and its 200-day moving average price is $307.93. The company has a market capitalization of $73.54 billion, a P/E ratio of 439.32, a price-to-earnings-growth ratio of 20.07 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. CrowdStrike Holdings, Inc. has a 52 week low of $183.60 and a 52 week high of $398.33.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $963.87 million for 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 firm’s revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.06 EPS. On average, equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current year.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following the sale, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider now directly owns 179,091 shares in the company, valued at $46,563,660. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of $320.38, for a total value of $2,002,375.00. Following the completion of the transaction, the director now directly owns 821,766 shares of the company’s stock, valued at approximately $263,277,391.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 103,212 shares of company stock valued at $30,529,413. Insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CRWD shares. Hsbc Global Res upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $330.00 price target on shares of CrowdStrike in a report on Monday, September 30th. Wedbush set a $330.00 target price on shares of CrowdStrike in a research report on Thursday, October 17th. Stifel Nicolaus dropped their target price on CrowdStrike from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Finally, HSBC upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating and increased their price target for the company from $302.00 to $339.00 in a research report on Friday, August 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $328.74.

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.