Greater Midwest Financial Group LLC Invests $1.93 Million in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Greater Midwest Financial Group LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,876 shares of the company’s stock, valued at approximately $1,929,000. CrowdStrike comprises 1.1% of Greater Midwest Financial Group LLC’s portfolio, making the stock its 23rd biggest position.

Other large investors have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new stake in shares of CrowdStrike during the 2nd quarter worth approximately $25,000. Tsfg LLC raised its position in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares in the last quarter. Trivant Custom Portfolio Group LLC acquired a new stake in CrowdStrike in the first quarter valued at $30,000. Family Firm Inc. bought a new position in shares of CrowdStrike in the 2nd quarter valued at about $30,000. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of CrowdStrike during the 1st quarter worth about $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction 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. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the sale, the insider now owns 174,591 shares in the company, valued at $45,521,111.43. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’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 value of $2,002,375.00. Following the transaction, the director now directly owns 821,766 shares in the company, valued at $263,277,391.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 103,212 shares of company stock worth $30,529,413. 4.34% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on CRWD. Robert W. Baird reduced their price target on CrowdStrike from $335.00 to $315.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Wedbush reissued an “outperform” rating and set a $315.00 target price on shares of CrowdStrike in a report on Friday, August 9th. Guggenheim cut CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Tuesday, September 24th. Finally, Piper Sandler restated an “overweight” rating and set a $290.00 target price on shares of CrowdStrike in a research note on Thursday, September 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $325.44.

CrowdStrike Trading Up 0.4 %

Shares of NASDAQ:CRWD traded up $1.30 during midday trading on Thursday, reaching $307.54. The company’s stock had a trading volume of 311,445 shares, compared to its average volume of 5,199,022. The firm has a 50 day moving average price of $273.47 and a two-hundred day moving average price of $308.41. CrowdStrike Holdings, Inc. has a fifty-two week low of $170.17 and a fifty-two week high of $398.33. The firm has a market capitalization of $74.84 billion, a price-to-earnings ratio of 577.81, a PEG ratio of 19.94 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 (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.06 EPS. As a group, analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current year.

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.