CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by National Pension Service

National Pension Service raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 19.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 316,512 shares of the company’s stock after purchasing an additional 51,134 shares during the quarter. National Pension Service owned 0.13% of CrowdStrike worth $88,772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Silicon Valley Capital Partners boosted its position in shares of CrowdStrike by 171.2% during the 3rd quarter. Silicon Valley Capital Partners now owns 792 shares of the company’s stock worth $222,000 after purchasing an additional 500 shares in the last quarter. KG&L Capital Management LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at about $1,378,000. Fernwood Investment Management LLC boosted its holdings in CrowdStrike by 5.4% during the third quarter. Fernwood Investment Management LLC now owns 6,990 shares of the company’s stock worth $1,960,000 after buying an additional 355 shares in the last quarter. TrueWealth Advisors LLC grew its position in CrowdStrike by 91.8% during the third quarter. TrueWealth Advisors LLC now owns 1,563 shares of the company’s stock worth $438,000 after buying an additional 748 shares during the period. Finally, Whitener Capital Management Inc. increased its holdings in CrowdStrike by 79.8% in the third quarter. Whitener Capital Management Inc. now owns 1,645 shares of the company’s stock valued at $461,000 after buying an additional 730 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CRWD shares. JPMorgan Chase & Co. decreased their price target on CrowdStrike from $400.00 to $330.00 and set an “overweight” rating on the stock in a research note on Monday, July 29th. Oppenheimer lowered their target price on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Monday. Argus lowered their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Finally, HSBC upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating and lifted their target price for the stock from $302.00 to $339.00 in a research report on Friday, August 30th. One investment 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 company has a consensus rating of “Moderate Buy” and an average target price of $328.74.

CrowdStrike Stock Up 2.9 %

Shares of NASDAQ CRWD opened at $307.58 on Wednesday. The stock has a fifty day moving average price of $286.26 and a 200 day moving average price of $308.14. 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 Holdings, Inc. has a 12-month low of $183.60 and a 12-month high of $398.33. The company has a market cap of $75.40 billion, a P/E ratio of 445.77, a P/E/G ratio of 20.50 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results 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 business had revenue of $963.87 million during 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%. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.06 earnings per share. Research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the completion of the sale, the director now directly owns 821,766 shares of the company’s stock, valued at approximately $263,277,391.08. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the insider now owns 124,298 shares in the company, valued at $38,455,315.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The shares were 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 in the company, 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. Over the last three months, insiders have sold 103,212 shares of company stock valued at $30,529,413. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Company 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.