Sapient Capital LLC Has $549,000 Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sapient Capital LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 74.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,957 shares of the company’s stock after buying an additional 832 shares during the quarter. Sapient Capital LLC’s holdings in CrowdStrike were worth $549,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC bought a new stake in CrowdStrike in the 2nd quarter valued at $25,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth about $30,000. Family Firm Inc. bought a new stake in shares of CrowdStrike in the 2nd quarter worth about $30,000. Future Financial Wealth Managment LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth about $32,000. Finally, MCF Advisors LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth about $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 3.0 %

Shares of CRWD stock opened at $310.52 on Tuesday. The stock’s fifty day moving average price is $270.55 and its 200 day moving average price is $308.56. CrowdStrike Holdings, Inc. has a 1-year low of $170.17 and a 1-year high of $398.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $75.57 billion, a price-to-earnings ratio of 585.89, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The business had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. On average, research analysts expect that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. DA Davidson reissued a “buy” rating and set a $310.00 price objective on shares of CrowdStrike in a report on Wednesday, September 18th. Susquehanna reissued a “positive” rating and set a $310.00 price objective on shares of CrowdStrike in a report on Thursday, September 19th. Robert W. Baird decreased their price objective on shares of CrowdStrike from $335.00 to $315.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Barclays increased their price objective on shares of CrowdStrike from $285.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, August 29th. Finally, Sanford C. Bernstein decreased their price objective on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating on the stock in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, six have assigned 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $325.44.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the completion of the sale, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the sale, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the sale, the chief accounting officer now owns 38,962 shares in the company, valued at approximately $11,582,623.36. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 92,962 shares of company stock worth $27,289,518 in 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.