O ROURKE & COMPANY Inc Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

O ROURKE & COMPANY Inc raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 9.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,197 shares of the company’s stock after purchasing an additional 100 shares during the quarter. O ROURKE & COMPANY Inc’s holdings in CrowdStrike were worth $384,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of CrowdStrike by 7.0% in the 4th quarter. Vanguard Group Inc. now owns 15,746,120 shares of the company’s stock valued at $4,020,299,000 after purchasing an additional 1,028,405 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of CrowdStrike by 33.2% in the fourth quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock valued at $1,618,938,000 after buying an additional 1,581,796 shares in the last quarter. Morgan Stanley boosted its stake in shares of CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after buying an additional 2,757,251 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of CrowdStrike by 17.9% in the third quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock valued at $463,482,000 after buying an additional 419,619 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $683,336,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 2.3 %

Shares of NASDAQ:CRWD traded up $8.96 during trading on Monday, hitting $392.15. The company’s stock had a trading volume of 2,879,285 shares, compared to its average volume of 4,183,169. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.80 and a current ratio of 1.80. CrowdStrike Holdings, Inc. has a fifty-two week low of $139.37 and a fifty-two week high of $394.64. The stock’s 50-day moving average price is $341.55 and its two-hundred day moving average price is $314.36. The company has a market capitalization of $95.43 billion, a PE ratio of 738.19, a PEG ratio of 19.31 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, June 4th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. The business had revenue of $921.04 million during the quarter, compared to analyst estimates of $904.82 million. As a group, sell-side analysts expect that CrowdStrike Holdings, Inc. will post 0.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Jefferies Financial Group lifted their price target on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Wells Fargo & Company lifted their price target on CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Citigroup lifted their price target on CrowdStrike from $320.00 to $425.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. KeyCorp reduced their price objective on CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. Finally, Oppenheimer lifted their price objective on CrowdStrike from $355.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, June 5th. One investment analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $380.62.

Insider Buying and Selling

In other CrowdStrike news, Director Roxanne S. Austin sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $390.01, for a total transaction of $3,900,100.00. Following the sale, the director now owns 18,297 shares in the company, valued at $7,136,012.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other CrowdStrike news, Director Roxanne S. Austin sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $390.01, for a total transaction of $3,900,100.00. Following the sale, the director now owns 18,297 shares in the company, valued at $7,136,012.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $316.82, for a total value of $4,752,300.00. Following the sale, the director now owns 839,234 shares in the company, valued at approximately $265,886,115.88. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 219,675 shares of company stock worth $75,730,552. 4.34% of the stock is currently owned by corporate insiders.

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.