Bradley Foster & Sargent Inc. CT Grows Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Bradley Foster & Sargent Inc. CT increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 16.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 33,397 shares of the company’s stock after acquiring an additional 4,771 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in CrowdStrike were worth $12,797,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in CRWD. Arlington Financial Advisors LLC lifted its stake in CrowdStrike by 1.5% during the second quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock valued at $778,000 after purchasing an additional 30 shares during the last quarter. Saturna Capital Corp raised its position in shares of CrowdStrike by 2.7% in the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after purchasing an additional 33 shares during the period. Means Investment CO. Inc. raised its position in shares of CrowdStrike by 1.8% in the second quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock valued at $741,000 after purchasing an additional 35 shares during the period. Shepherd Financial Partners LLC increased its position in CrowdStrike by 1.4% during the fourth quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock worth $645,000 after acquiring an additional 36 shares during the period. Finally, Albion Financial Group UT increased its position in CrowdStrike by 3.7% during the first quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock worth $351,000 after acquiring an additional 39 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.3 %

Shares of CRWD opened at $268.72 on Wednesday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $65.40 billion, a P/E ratio of 507.02, a P/E/G ratio of 16.14 and a beta of 1.09. The business’s 50-day moving average price is $271.34 and its 200 day moving average price is $312.95. CrowdStrike Holdings, Inc. has a 1-year low of $157.59 and a 1-year high of $398.33.

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. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. During the same period in the previous year, the company earned $0.06 earnings per share. The company’s revenue was up 31.7% compared to the same quarter last year. Analysts expect that CrowdStrike Holdings, Inc. will post 0.56 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CRWD. Hsbc Global Res raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 30th. Barclays raised their target price on shares of CrowdStrike from $285.00 to $295.00 and gave the company an “overweight” rating in a research note on Thursday, August 29th. Scotiabank cut their price target on shares of CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 14th. Cantor Fitzgerald dropped their target price on shares of CrowdStrike from $400.00 to $350.00 and set an “overweight” rating on the stock in a report on Thursday, August 29th. Finally, Sanford C. Bernstein decreased their price target on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a research note on Thursday, September 5th. One analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $327.16.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 5,504 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $2,094,987.52. Following the sale, the insider now owns 195,168 shares of the company’s stock, valued at approximately $74,286,795.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, President Michael Sentonas sold 10,735 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 value of $4,086,063.05. Following the completion of the transaction, the president now directly owns 411,166 shares of the company’s stock, valued at $156,502,114.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shawn Henry sold 5,504 shares of CrowdStrike stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $2,094,987.52. Following the transaction, the insider now directly owns 195,168 shares of the company’s stock, valued at $74,286,795.84. The disclosure for this sale can be found here. Insiders have sold 130,219 shares of company stock worth $48,306,394 over the last 90 days. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike 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.