CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by First Pacific Financial

First Pacific Financial grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,217 shares of the company’s stock after acquiring an additional 156 shares during the quarter. First Pacific Financial’s holdings in CrowdStrike were worth $1,183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. V Square Quantitative Management LLC acquired a new stake in CrowdStrike during the fourth quarter worth about $101,000. Integrated Advisors Network LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $431,000. EP Wealth Advisors LLC grew its stake in shares of CrowdStrike by 45.8% in the fourth quarter. EP Wealth Advisors LLC now owns 3,225 shares of the company’s stock valued at $823,000 after buying an additional 1,013 shares in the last quarter. American International Group Inc. grew its stake in shares of CrowdStrike by 1.9% in the fourth quarter. American International Group Inc. now owns 19,431 shares of the company’s stock valued at $4,961,000 after buying an additional 369 shares in the last quarter. Finally, Congress Asset Management Co. MA acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $5,995,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CRWD shares. Argus lowered their target price on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research note on Friday, August 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 target price on shares of CrowdStrike in a research note on Thursday, September 19th. DA Davidson reissued a “buy” rating and issued a $310.00 price target on shares of CrowdStrike in a report on Wednesday, September 18th. Wedbush reissued an “outperform” rating and issued a $315.00 price target on shares of CrowdStrike in a report on Friday, August 9th. Finally, Sanford C. Bernstein reduced their price target on CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, six have assigned 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 data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $325.44.

CrowdStrike Stock Performance

CRWD traded down $8.21 during trading hours on Tuesday, hitting $302.31. The company’s stock had a trading volume of 3,761,105 shares, compared to its average volume of 5,235,163. CrowdStrike Holdings, Inc. has a fifty-two week low of $170.17 and a fifty-two week high of $398.33. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $73.57 billion, a PE ratio of 572.19, a PEG ratio of 19.94 and a beta of 1.10. The company has a 50-day simple moving average of $270.55 and a 200 day simple moving average of $308.56.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating 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 company had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.27 million. During the same period last year, the firm earned $0.06 EPS. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. As a group, sell-side analysts expect that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike 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 directly owns 179,091 shares in the company, valued at $46,563,660. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction 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 transaction, the chief accounting officer now owns 38,962 shares in the company, valued at $11,582,623.36. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 92,962 shares of company stock worth $27,289,518. 4.34% of the stock is owned by company insiders.

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.