Key Financial Inc Has $192,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Key Financial Inc decreased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 9.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 500 shares of the company’s stock after selling 50 shares during the period. Key Financial Inc’s holdings in CrowdStrike were worth $192,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CRWD. Norges Bank acquired a new stake in shares of CrowdStrike in the 4th quarter valued at $683,336,000. Pathstone Holdings LLC acquired a new stake in shares of CrowdStrike during the 4th quarter valued at $450,418,000. Vanguard Group Inc. boosted its holdings in shares of CrowdStrike by 7.0% during the 4th quarter. Vanguard Group Inc. now owns 15,746,120 shares of the company’s stock valued at $4,020,299,000 after acquiring an additional 1,028,405 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of CrowdStrike by 47.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock valued at $671,828,000 after acquiring an additional 564,662 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in shares of CrowdStrike by 619.0% during the 1st quarter. Acadian Asset Management LLC now owns 554,876 shares of the company’s stock valued at $177,865,000 after acquiring an additional 477,706 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 2.1 %

Shares of CRWD stock opened at $277.28 on Friday. The company’s fifty day simple moving average is $303.94 and its two-hundred day simple moving average is $318.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. CrowdStrike Holdings, Inc. has a 1 year low of $145.38 and a 1 year high of $398.33. The stock has a market capitalization of $67.48 billion, a price-to-earnings ratio of 523.17, a PEG ratio of 11.79 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate 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 net margin of 4.01% and a return on equity of 7.39%. The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.06 earnings per share. As a group, analysts anticipate that CrowdStrike Holdings, Inc. will post 0.87 earnings per share for the current year.

Insider Transactions at CrowdStrike

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. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CAO Anurag Saha sold 1,662 shares of the stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the transaction, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The shares were 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 in the company, valued at approximately $46,563,660. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 130,219 shares of company stock valued at $48,856,294. 4.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on CRWD. JMP Securities reissued a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Tuesday, May 14th. Robert W. Baird cut their target price on CrowdStrike from $335.00 to $315.00 and set an “outperform” rating on the stock in a report on Thursday. The Goldman Sachs Group cut their target price on CrowdStrike from $400.00 to $295.00 and set a “buy” rating on the stock in a report on Thursday, August 15th. JPMorgan Chase & Co. cut their target price on CrowdStrike from $400.00 to $330.00 and set an “overweight” rating on the stock in a report on Monday, July 29th. Finally, Citigroup cut their target price on CrowdStrike from $345.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-four have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $326.15.

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.