TD Asset Management Inc trimmed its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 15.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 340,401 shares of the company’s stock after selling 64,111 shares during the period. TD Asset Management Inc’s holdings in CrowdStrike were worth $109,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of CRWD. Hudson Value Partners LLC increased its position in shares of CrowdStrike by 80.1% during the 1st quarter. Hudson Value Partners LLC now owns 4,278 shares of the company’s stock valued at $1,371,000 after purchasing an additional 1,903 shares during the last quarter. Koshinski Asset Management Inc. increased its position in CrowdStrike by 82.9% during the first quarter. Koshinski Asset Management Inc. now owns 1,994 shares of the company’s stock valued at $639,000 after acquiring an additional 904 shares during the last quarter. Entropy Technologies LP raised its stake in shares of CrowdStrike by 142.9% in the first quarter. Entropy Technologies LP now owns 16,683 shares of the company’s stock valued at $5,348,000 after acquiring an additional 9,815 shares during the period. Baltimore Washington Financial Advisors Inc. bought a new stake in CrowdStrike in the first quarter worth about $1,791,000. Finally, Motley Fool Asset Management LLC lifted its stake in shares of CrowdStrike by 8.1% during the 1st quarter. Motley Fool Asset Management LLC now owns 7,123 shares of the company’s stock worth $2,284,000 after acquiring an additional 536 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CAO Anurag Saha sold 1,662 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $632,607.06. Following the sale, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CAO Anurag Saha sold 1,662 shares of the firm’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $632,607.06. Following the sale, the chief accounting officer now owns 40,645 shares in the company, valued at $15,470,706.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 56,279 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $304.41, for a total transaction of $17,131,890.39. Following the completion of the transaction, the chief executive officer now owns 1,146,048 shares of the company’s stock, valued at approximately $348,868,471.68. The disclosure for this sale can be found here. In the last three months, insiders have sold 219,675 shares of company stock valued at $76,931,522. Company insiders own 4.34% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Stock Report on CRWD
CrowdStrike Stock Performance
Shares of NASDAQ:CRWD traded down $16.66 during trading on Thursday, hitting $338.28. The stock had a trading volume of 2,835,237 shares, compared to its average volume of 4,082,803. The stock has a 50-day simple moving average of $361.49 and a two-hundred day simple moving average of $325.14. The stock has a market capitalization of $82.32 billion, a price-to-earnings ratio of 651.86, a price-to-earnings-growth ratio of 18.60 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12-month low of $140.52 and a 12-month high of $398.33. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly earnings data on Tuesday, June 4th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). The business had revenue of $921.04 million for the quarter, compared to analyst estimates of $904.82 million. CrowdStrike had a net margin of 4.01% and a return on equity of 7.39%. On average, equities research analysts expect that CrowdStrike Holdings, Inc. will post 0.9 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than CrowdStrike
- Ride Out The Recession With These Dividend KingsĀ
- This Cybersecurity Stock Gains Analysts’ Favor for Strong Growth
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Parabolic Rise of This Stock Shows No Signs of Slowing
- Investing in the High PE Growth Stocks
- Risk Tolerance vs. Risk Appetite: Key Differences
Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report).
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.