Broderick Brian C Increases Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Broderick Brian C boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 49.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,015 shares of the company’s stock after buying an additional 2,000 shares during the period. Broderick Brian C’s holdings in CrowdStrike were worth $1,928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CVA Family Office LLC acquired a new stake in CrowdStrike in the fourth quarter valued at $26,000. Hexagon Capital Partners LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth $26,000. Silver Oak Securities Incorporated acquired a new position in shares of CrowdStrike during the 3rd quarter worth $27,000. Bear Mountain Capital Inc. acquired a new position in shares of CrowdStrike during the 4th quarter worth $27,000. Finally, Trivant Custom Portfolio Group LLC acquired a new position in shares of CrowdStrike during the 1st quarter worth $30,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on CRWD. Needham & Company LLC reissued a “buy” rating and issued a $425.00 target price on shares of CrowdStrike in a research note on Wednesday, June 5th. Royal Bank of Canada reissued an “outperform” rating and issued a $420.00 target price on shares of CrowdStrike in a research note on Wednesday, June 5th. FBN Securities raised shares of CrowdStrike to a “strong-buy” rating in a research note on Wednesday, June 5th. Guggenheim reissued a “buy” rating and issued a $424.00 target price on shares of CrowdStrike in a research note on Tuesday, June 25th. Finally, KeyCorp upped their price objective on shares of CrowdStrike from $380.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $382.35.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CAO Anurag Saha sold 1,662 shares of the firm’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $632,607.06. Following the transaction, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the transaction, the insider now directly owns 208,961 shares in the company, valued at $64,525,067.19. The disclosure for this sale can be found here. Insiders have sold 219,675 shares of company stock valued at $76,681,402 over the last three months. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD traded down $4.02 during trading hours on Thursday, hitting $370.43. The company had a trading volume of 3,121,880 shares, compared to its average volume of 4,124,256. CrowdStrike Holdings, Inc. has a fifty-two week low of $140.52 and a fifty-two week high of $398.33. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $357.12 and a 200-day simple moving average of $321.56. The firm has a market cap of $90.15 billion, a P/E ratio of 698.92, a price-to-earnings-growth ratio of 19.69 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, June 4th. The company reported $0.20 earnings per share 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 company had revenue of $921.04 million during the quarter, compared to analyst estimates of $904.82 million. Equities analysts predict that CrowdStrike Holdings, Inc. will post 0.9 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.