CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by GM Advisory Group LLC

GM Advisory Group LLC boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 250.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,141 shares of the company’s stock after acquiring an additional 4,388 shares during the quarter. GM Advisory Group LLC’s holdings in CrowdStrike were worth $1,722,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CRWD. Abich Financial Wealth Management LLC acquired a new stake in CrowdStrike in the 2nd quarter valued at approximately $25,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike in the 3rd quarter valued at approximately $28,000. Tsfg LLC increased its position in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares during the period. Family Firm Inc. acquired a new position in shares of CrowdStrike during the 2nd quarter valued at $30,000. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike during the 3rd quarter valued at $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Up 2.1 %

NASDAQ CRWD opened at $357.55 on Friday. The firm has a market cap of $87.65 billion, a PE ratio of 518.19, a price-to-earnings-growth ratio of 23.89 and a beta of 1.10. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The stock’s 50 day simple moving average is $305.77 and its 200 day simple moving average is $311.53. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90.

CrowdStrike (NASDAQ:CRWD) last released its quarterly 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 business had revenue of $963.87 million for 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%. CrowdStrike’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.06 EPS. As a group, sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CRWD shares. Sanford C. Bernstein lowered their price target on CrowdStrike from $334.00 to $327.00 and set an “outperform” rating on the stock in a research report on Thursday, September 5th. Jefferies Financial Group lifted their price target on CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. TD Cowen lowered their price target on CrowdStrike from $400.00 to $380.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Citigroup lowered their price target on CrowdStrike from $345.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, August 14th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $330.00 target price on shares of CrowdStrike in a report on Monday, September 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirty have given a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $334.33.

Insider Buying and Selling at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the transaction, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at $11,582,623.36. This represents a 4.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 108,248 shares of company stock worth $32,465,110. Insiders own 4.34% of the company’s stock.

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.