CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Hudson Value Partners LLC

Hudson Value Partners LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 33.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,695 shares of the company’s stock after buying an additional 1,430 shares during the quarter. Hudson Value Partners LLC’s holdings in CrowdStrike were worth $1,597,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Norden Group LLC purchased a new position in shares of CrowdStrike during the first quarter worth approximately $310,000. Quent Capital LLC grew its position in CrowdStrike by 59.9% during the 1st quarter. Quent Capital LLC now owns 235 shares of the company’s stock worth $75,000 after purchasing an additional 88 shares during the last quarter. Empowered Funds LLC increased its stake in CrowdStrike by 706.0% in the first quarter. Empowered Funds LLC now owns 18,530 shares of the company’s stock valued at $5,941,000 after purchasing an additional 16,231 shares during the period. Insight Advisors LLC PA acquired a new position in CrowdStrike in the first quarter valued at $292,000. Finally, Wealthspire Advisors LLC raised its holdings in shares of CrowdStrike by 16.3% in the first quarter. Wealthspire Advisors LLC now owns 1,158 shares of the company’s stock valued at $371,000 after buying an additional 162 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 3.4 %

Shares of CRWD stock opened at $330.78 on Friday. The firm’s 50-day simple moving average is $287.38 and its 200-day simple moving average is $308.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. CrowdStrike Holdings, Inc. has a 1-year low of $189.12 and a 1-year high of $398.33. The firm has a market cap of $81.08 billion, a P/E ratio of 479.39, a PEG ratio of 20.21 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping 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 company had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. During the same quarter last year, the firm posted $0.06 earnings per share. CrowdStrike’s revenue was up 31.7% on a year-over-year basis. As a group, equities analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00. Following the transaction, the insider now directly owns 174,591 shares in the company, valued at $45,521,111.43. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the sale, the insider now owns 174,591 shares of the company’s stock, valued at $45,521,111.43. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the director now directly owns 821,766 shares in the company, valued at approximately $263,277,391.08. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 103,212 shares of company stock valued at $30,529,413. Company insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 price objective on shares of CrowdStrike in a research note on Monday, September 30th. UBS Group cut their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Citigroup lowered their target price on shares of CrowdStrike from $345.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, August 14th. Deutsche Bank Aktiengesellschaft cut their price target on shares of CrowdStrike from $350.00 to $275.00 and set a “hold” rating for the company in a report on Monday, August 26th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $350.00 price objective on shares of CrowdStrike in a report on Thursday, September 19th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $328.74.

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.