2,000 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the first quarter, HoldingsChannel reports. The fund bought 2,000 shares of the company’s stock, valued at approximately $641,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. CVA Family Office LLC purchased a new position in CrowdStrike in the fourth quarter worth about $26,000. Hexagon Capital Partners LLC purchased a new position in shares of CrowdStrike during the fourth quarter valued at approximately $26,000. Silver Oak Securities Incorporated purchased a new position in shares of CrowdStrike during the third quarter valued at approximately $27,000. Bear Mountain Capital Inc. purchased a new position in shares of CrowdStrike during the fourth quarter valued at approximately $27,000. Finally, Trivant Custom Portfolio Group LLC purchased a new position in shares of CrowdStrike during the first quarter valued at approximately $30,000. 71.16% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the transaction, the chief accounting officer now owns 40,645 shares in the company, valued at $15,470,706.35. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CAO Anurag Saha sold 1,662 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $632,607.06. Following the completion of the transaction, the chief accounting officer now owns 40,645 shares in the company, valued at approximately $15,470,706.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 64,000 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the transaction, the chief financial officer now owns 306,508 shares of the company’s stock, valued at approximately $97,003,651.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 283,675 shares of company stock worth $95,985,272. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ:CRWD traded down $4.10 during mid-day trading on Friday, hitting $383.19. The company’s stock had a trading volume of 8,480,459 shares, compared to its average volume of 8,199,314. CrowdStrike Holdings, Inc. has a 1 year low of $139.37 and a 1 year high of $394.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a market cap of $93.25 billion, a price-to-earnings ratio of 723.01, a PEG ratio of 19.31 and a beta of 1.08. The business’s fifty day moving average is $341.55 and its two-hundred day moving average is $314.36.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, June 4th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). CrowdStrike had a net margin of 4.01% and a return on equity of 7.39%. The business had revenue of $921.04 million during the quarter, compared to analysts’ expectations of $904.82 million. Analysts anticipate that CrowdStrike Holdings, Inc. will post 0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on CRWD shares. Evercore ISI boosted their target price on CrowdStrike from $255.00 to $405.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $425.00 price target on shares of CrowdStrike in a research note on Wednesday, June 5th. Robert W. Baird lifted their price target on shares of CrowdStrike from $281.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. Piper Sandler reaffirmed an “overweight” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Wednesday, June 5th. Finally, KeyCorp decreased their price target on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research note on Thursday, April 18th. One equities research analyst has rated the stock with a hold rating, thirty-seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $380.62.

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.