CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Interchange Capital Partners LLC

Interchange Capital Partners LLC lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,694 shares of the company’s stock after buying an additional 39 shares during the period. Interchange Capital Partners LLC’s holdings in CrowdStrike were worth $1,036,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the second quarter valued at $25,000. Oakworth Capital Inc. purchased a new position in CrowdStrike in the 3rd quarter valued at about $28,000. Tsfg LLC boosted its holdings in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares during the last quarter. Family Firm Inc. purchased a new stake in CrowdStrike during the 2nd quarter worth approximately $30,000. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In related 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 transaction, the insider now owns 179,091 shares of the company’s stock, valued at $46,563,660. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, insider Shawn Henry sold 4,000 shares of the company’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 value of $1,040,000.00. Following the completion of the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the sale, the director now directly owns 821,766 shares in the company, valued at approximately $263,277,391.08. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 103,212 shares of company stock worth $30,529,413 over the last 90 days. 4.34% of the stock is owned by insiders.

CrowdStrike Stock Up 1.6 %

Shares of CrowdStrike stock traded up $4.86 during trading hours on Friday, reaching $301.73. 741,584 shares of the company were exchanged, compared to its average volume of 5,097,025. The firm has a market cap of $73.96 billion, a PE ratio of 437.25, a PEG ratio of 20.79 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. CrowdStrike Holdings, Inc. has a 1 year low of $178.35 and a 1 year high of $398.33. The stock’s fifty day moving average is $284.22 and its 200 day moving average is $307.74.

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

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CRWD shares. Susquehanna reaffirmed a “positive” rating and issued a $310.00 price target on shares of CrowdStrike in a research note on Thursday, September 19th. Piper Sandler reaffirmed an “overweight” rating and set a $290.00 target price on shares of CrowdStrike in a research note on Thursday, September 19th. Scotiabank decreased their price target on shares of CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 14th. UBS Group lowered their price target on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Finally, Sanford C. Bernstein cut their price objective on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $328.74.

CrowdStrike Company 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.