Macroview Investment Management LLC Has $90,000 Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Macroview Investment Management LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 30.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 320 shares of the company’s stock after acquiring an additional 75 shares during the quarter. Macroview Investment Management LLC’s holdings in CrowdStrike were worth $90,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Riverview Trust Co bought a new position in shares of CrowdStrike in the 1st quarter valued at about $36,000. Sunbelt Securities Inc. boosted its stake in CrowdStrike by 65.9% in the first quarter. Sunbelt Securities Inc. now owns 1,274 shares of the company’s stock valued at $408,000 after acquiring an additional 506 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in CrowdStrike during the 1st quarter worth $32,000. TrueMark Investments LLC raised its position in shares of CrowdStrike by 13.5% during the 1st quarter. TrueMark Investments LLC now owns 10,727 shares of the company’s stock valued at $3,439,000 after acquiring an additional 1,274 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC acquired a new position in shares of CrowdStrike in the 1st quarter valued at $211,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 0.3 %

Shares of CrowdStrike stock opened at $308.51 on Wednesday. CrowdStrike Holdings, Inc. has a 1 year low of $170.17 and a 1 year high of $398.33. The company has a market capitalization of $75.08 billion, a price-to-earnings ratio of 582.09, a P/E/G ratio of 19.94 and a beta of 1.10. The business has a fifty day simple moving average of $278.86 and a two-hundred day simple moving average of $308.15. 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 (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $958.27 million. During the same period last year, the business posted $0.06 earnings per share. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. Research analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 10,776 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the sale, the president now owns 400,390 shares of the company’s stock, valued at approximately $119,027,939.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Michael Sentonas sold 10,776 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the transaction, the president now directly owns 400,390 shares of the company’s stock, valued at $119,027,939.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 103,212 shares of company stock worth $30,529,413 in the last 90 days. Company insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Raymond James decreased their price objective on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Citigroup lowered their price target on CrowdStrike from $345.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, August 14th. Stifel Nicolaus reduced their price objective on shares of CrowdStrike from $400.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. BTIG Research downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. Finally, Needham & Company LLC initiated coverage on shares of CrowdStrike in a research report on Monday, September 23rd. They set a “buy” rating and a $360.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.