Harbour Investments Inc. Sells 168 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Harbour Investments Inc. trimmed its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 6,793 shares of the company’s stock after selling 168 shares during the quarter. Harbour Investments Inc.’s holdings in CrowdStrike were worth $1,905,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beacon Financial Advisory LLC bought a new position in shares of CrowdStrike in the 3rd quarter worth about $955,000. Burney Co. bought a new position in shares of CrowdStrike during the first quarter valued at approximately $1,342,000. Doliver Advisors LP lifted its holdings in shares of CrowdStrike by 223.2% during 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 during the last quarter. DekaBank Deutsche Girozentrale boosted its position in shares of CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its stake in shares of CrowdStrike by 258.9% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 19,315 shares of the company’s stock worth $5,417,000 after buying an additional 13,934 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction that occurred 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 directly owns 816,730 shares of the company’s stock, valued at $261,745,630.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the sale, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction 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. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,248 shares of company stock worth $31,103,350 in the last quarter. 4.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on CRWD. Susquehanna reissued a “positive” rating and issued a $310.00 target price on shares of CrowdStrike in a research note on Thursday, September 19th. Sanford C. Bernstein decreased their target price 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. Evercore ISI dropped their target price on shares of CrowdStrike from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 30th. JPMorgan Chase & Co. reduced their price target on shares of CrowdStrike from $400.00 to $330.00 and set an “overweight” rating for the company in a research report on Monday, July 29th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $328.74.

CrowdStrike Trading Up 1.3 %

CrowdStrike stock opened at $347.88 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The firm’s 50 day moving average price is $292.46 and its 200-day moving average price is $309.39. CrowdStrike Holdings, Inc. has a 1 year low of $198.86 and a 1 year high of $398.33. The stock has a market cap of $85.28 billion, a P/E ratio of 504.17, a PEG ratio of 23.22 and a beta of 1.10.

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