Nikulski Financial Inc. Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Nikulski Financial Inc. bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,844 shares of the company’s stock, valued at approximately $1,359,000.

Several other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in shares of CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after acquiring an additional 920,695 shares during the period. Bank of New York Mellon Corp lifted its stake in CrowdStrike by 47.5% during the second quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after purchasing an additional 564,662 shares during the period. Acadian Asset Management LLC lifted its stake in CrowdStrike by 619.0% during the first quarter. Acadian Asset Management LLC now owns 554,876 shares of the company’s stock worth $177,865,000 after purchasing an additional 477,706 shares during the period. Assenagon Asset Management S.A. boosted its holdings in CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after purchasing an additional 371,695 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of CrowdStrike by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock valued at $5,149,124,000 after purchasing an additional 315,280 shares during the period. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CRWD stock traded down $2.57 during trading hours on Thursday, hitting $304.88. 211,370 shares of the stock were exchanged, compared to its average volume of 5,102,196. The company has a 50-day simple moving average of $283.63 and a two-hundred day simple moving average of $307.82. The firm has a market capitalization of $74.73 billion, a P/E ratio of 580.09, a P/E/G ratio of 19.94 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12 month low of $172.58 and a 12 month high of $398.33. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26.

CrowdStrike (NASDAQ:CRWD) last posted 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 firm had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 EPS. On average, analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of CrowdStrike 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 in the company, valued at approximately $11,582,623.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated 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 in the company, 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 SEC, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction that occurred on 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 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. Insiders have sold 103,212 shares of company stock valued at $30,529,413 over the last three months. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

CRWD has been the subject of a number of analyst reports. TD Cowen cut their price objective on CrowdStrike from $400.00 to $380.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. Hsbc Global Res raised CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft decreased their target price on CrowdStrike from $350.00 to $275.00 and set a “hold” rating on the stock in a report on Monday, August 26th. Finally, Oppenheimer decreased their price objective on shares of CrowdStrike from $450.00 to $365.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company 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.