CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Blue Fin Capital Inc.

Blue Fin Capital Inc. reduced its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,636 shares of the company’s stock after selling 221 shares during the period. Blue Fin Capital Inc.’s holdings in CrowdStrike were worth $1,950,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in CRWD. CVA Family Office LLC acquired a new stake in CrowdStrike during the fourth quarter valued at approximately $26,000. Hexagon Capital Partners LLC purchased a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $26,000. Silver Oak Securities Incorporated acquired a new position in CrowdStrike in the 3rd quarter valued at $27,000. Bear Mountain Capital Inc. acquired a new position in CrowdStrike in the 4th quarter valued at $27,000. Finally, Gradient Investments LLC boosted its holdings in CrowdStrike by 1,818.2% in the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO George Kurtz sold 78,080 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the sale, the chief executive officer now directly owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The disclosure for this sale can be found here. In the last ninety days, insiders sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CRWD. Evercore ISI increased their price target on shares of CrowdStrike from $255.00 to $405.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. KeyCorp reduced their price objective on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. Guggenheim raised their price objective on shares of CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Royal Bank of Canada raised their price objective on shares of CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Finally, Oppenheimer raised their price objective on shares of CrowdStrike from $300.00 to $355.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $371.87.

CrowdStrike Stock Performance

Shares of CRWD stock traded up $6.67 during trading on Friday, reaching $310.21. 4,080,846 shares of the company’s stock were exchanged, compared to its average volume of 2,179,299. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average price is $313.47 and its 200-day moving average price is $272.11. CrowdStrike Holdings, Inc. has a twelve month low of $117.45 and a twelve month high of $365.00. The stock has a market capitalization of $75.03 billion, a PE ratio of 861.72, a PEG ratio of 12.41 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The firm had revenue of $845.34 million for the quarter, compared to analysts’ expectations of $839.08 million. As a group, sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

About CrowdStrike

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.