Harbour Investments Inc. Has $1.91 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Harbour Investments Inc. decreased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,793 shares of the company’s stock after selling 168 shares during the quarter. Harbour Investments Inc.’s holdings in CrowdStrike were worth $1,905,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of CRWD. Abich Financial Wealth Management LLC acquired a new stake in CrowdStrike in the second quarter worth $25,000. Family Firm Inc. acquired a new position in shares of CrowdStrike during the second quarter valued at about $30,000. Itau Unibanco Holding S.A. bought a new stake in shares of CrowdStrike during the second quarter worth about $33,000. Unique Wealth Strategies LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter worth about $36,000. Finally, Hobbs Group Advisors LLC bought a new position in CrowdStrike in the 2nd quarter valued at about $38,000. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Rosenblatt Securities reissued a “buy” rating and issued a $325.00 price objective on shares of CrowdStrike in a research note on Thursday, September 19th. Argus lowered their price target on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Barclays lifted 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. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $325.00 price objective on shares of CrowdStrike in a research report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $328.74.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was 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 of the company’s stock, valued at $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Shawn Henry sold 4,500 shares of CrowdStrike 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 owns 174,591 shares in the company, valued at approximately $45,521,111.43. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $500,322.24. Following the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,248 shares of company stock worth $31,103,350. 4.34% of the stock is currently owned by insiders.

CrowdStrike Trading Up 1.3 %

Shares of CRWD opened at $347.88 on Thursday. 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 $198.86 and a 1-year high of $398.33. The company has a market capitalization of $85.28 billion, a P/E ratio of 504.17, a P/E/G ratio of 23.22 and a beta of 1.10. The firm’s 50 day simple moving average is $292.46 and its 200 day simple moving average is $309.39.

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

About CrowdStrike

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.