Quintet Private Bank Europe S.A. Sells 177 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Quintet Private Bank Europe S.A. lessened its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 798 shares of the company’s stock after selling 177 shares during the period. Quintet Private Bank Europe S.A.’s holdings in CrowdStrike were worth $224,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Norden Group LLC bought a new position in CrowdStrike in the 1st quarter valued at approximately $310,000. Fidelis Capital Partners LLC bought a new position in shares of CrowdStrike in the 1st quarter valued at $182,000. Quent Capital LLC boosted its holdings in shares of CrowdStrike by 59.9% during the 1st quarter. Quent Capital LLC now owns 235 shares of the company’s stock valued at $75,000 after acquiring an additional 88 shares in the last quarter. Financial Counselors Inc. grew its position in CrowdStrike by 121.7% during the 1st quarter. Financial Counselors Inc. now owns 2,984 shares of the company’s stock worth $957,000 after acquiring an additional 1,638 shares during the last quarter. Finally, Mutual Advisors LLC increased its holdings in CrowdStrike by 13.9% in the 1st quarter. Mutual Advisors LLC now owns 4,436 shares of the company’s stock worth $1,422,000 after purchasing an additional 543 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.6 %

CRWD stock traded down $1.82 during mid-day trading on Monday, reaching $301.31. 791,388 shares of the company traded hands, compared to its average volume of 5,086,936. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm’s 50 day moving average price is $284.85 and its 200 day moving average price is $307.93. The stock has a market cap of $73.86 billion, a price-to-earnings ratio of 436.81, a P/E/G ratio of 20.07 and a beta of 1.10. CrowdStrike Holdings, Inc. has a fifty-two week low of $183.60 and a fifty-two week high of $398.33.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Scotiabank cut their price target on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 14th. Guggenheim downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Argus decreased their price target on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Wedbush set a $330.00 price target on shares of CrowdStrike in a research note on Thursday, October 17th. Finally, BMO Capital Markets boosted their price objective on shares of CrowdStrike from $290.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, August 29th. 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $328.74.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the transaction, the insider now owns 124,298 shares of the company’s stock, valued at $38,455,315.24. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the sale, the insider now directly owns 124,298 shares in the company, valued at approximately $38,455,315.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 55,325 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $296.62, for a total value of $16,410,501.50. Following the completion of the transaction, the chief executive officer now owns 1,109,746 shares of the company’s stock, valued at $329,172,858.52. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 103,212 shares of company stock valued at $30,529,413 over the last ninety 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.