1,359 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Bluesphere Advisors LLC

Bluesphere Advisors LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 1,359 shares of the company’s stock, valued at approximately $381,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Everence Capital Management Inc. bought a new position in CrowdStrike during the 3rd quarter worth $527,000. Castleview Partners LLC bought a new position in shares of CrowdStrike in the 3rd quarter valued at $32,000. Gilliland Jeter Wealth Management LLC grew its position in CrowdStrike by 45.0% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 290 shares of the company’s stock worth $81,000 after acquiring an additional 90 shares during the last quarter. Narus Financial Partners LLC bought a new stake in CrowdStrike during the 3rd quarter worth $293,000. Finally, Lee Johnson Capital Management LLC bought a new stake in CrowdStrike during the 3rd quarter worth $3,768,000. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the sale, the chief accounting officer now directly owns 38,962 shares in the company, valued at approximately $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction dated 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 directly owns 174,591 shares in the company, valued at $45,521,111.43. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at $11,582,623.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 103,212 shares of company stock valued at $30,529,413. 4.34% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

CRWD has been the topic of several recent research reports. Oppenheimer cut their target price on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. The Goldman Sachs Group decreased their target price on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a research report on Thursday, August 15th. UBS Group decreased their target price on CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Morgan Stanley reissued an “overweight” rating and set a $325.00 price objective on shares of CrowdStrike in a report on Monday, September 9th. Finally, Raymond James decreased their price objective on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. One equities 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 given a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $328.74.

CrowdStrike Price Performance

Shares of CRWD stock traded down $0.54 on Monday, reaching $309.61. The company’s stock had a trading volume of 1,595,270 shares, compared to its average volume of 5,183,560. The company has a market capitalization of $75.35 billion, a P/E ratio of 589.02, a PEG ratio of 19.94 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. CrowdStrike Holdings, Inc. has a 12-month low of $170.17 and a 12-month high of $398.33. The stock’s 50 day simple moving average is $276.25 and its 200-day simple moving average is $308.20.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $958.27 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. The firm’s revenue was up 31.7% on a year-over-year basis. As a group, equities analysts predict that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

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.