Black Swift Group LLC Has $4.53 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Black Swift Group LLC decreased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,140 shares of the company’s stock after selling 2,175 shares during the period. CrowdStrike accounts for about 1.0% of Black Swift Group LLC’s portfolio, making the stock its 20th biggest position. Black Swift Group LLC’s holdings in CrowdStrike were worth $4,527,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Arlington Financial Advisors LLC grew its position in shares of CrowdStrike by 1.5% during the 2nd quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock worth $778,000 after buying an additional 30 shares during the period. Saturna Capital Corp grew its holdings in CrowdStrike by 2.7% during the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after purchasing an additional 33 shares during the period. Sunpointe LLC increased its stake in CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares in the last quarter. Means Investment CO. Inc. raised its holdings in CrowdStrike by 1.8% in the second quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock worth $741,000 after purchasing an additional 35 shares during the period. Finally, Interchange Capital Partners LLC boosted its position in shares of CrowdStrike by 1.1% during the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock worth $1,036,000 after purchasing an additional 39 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Up 0.1 %

CRWD stock opened at $348.25 on Thursday. CrowdStrike Holdings, Inc. has a fifty-two week low of $198.86 and a fifty-two week high of $398.33. The company has a market cap of $85.37 billion, a price-to-earnings ratio of 504.17, a P/E/G ratio of 23.22 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The business’s 50-day moving average is $294.23 and its two-hundred day moving average is $309.66.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business 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 firm’s revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.06 earnings per share. As a group, analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current 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 that occurred on Wednesday, November 6th. The shares were 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 in the company, valued at approximately $261,745,630.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the firm’s stock in a transaction dated 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 directly 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 through the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,248 shares of company stock worth $31,103,350. Corporate insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of several research analyst reports. Wedbush set a $330.00 price objective on CrowdStrike in a research note on Thursday, October 17th. Raymond James dropped their price target on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. DA Davidson reaffirmed a “buy” rating and issued a $310.00 price objective on shares of CrowdStrike in a research report on Wednesday, September 18th. Royal Bank of Canada reduced their price target on CrowdStrike from $345.00 to $335.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Finally, Jefferies Financial Group raised their price objective on CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. One research 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 given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.