322 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 322 shares of the company’s stock, valued at approximately $103,000.

A number of other institutional investors have also made changes to their positions in the business. CVA Family Office LLC bought a new stake in CrowdStrike in the 4th quarter valued at $26,000. Hexagon Capital Partners LLC bought a new stake in CrowdStrike in the 4th quarter valued at $26,000. Bear Mountain Capital Inc. bought a new stake in CrowdStrike in the 4th quarter valued at $27,000. Trivant Custom Portfolio Group LLC bought a new stake in CrowdStrike in the 1st quarter valued at $30,000. Finally, Johnson Financial Group Inc. bought a new stake in CrowdStrike in the 4th quarter valued at $31,000. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Trading Up 0.8 %

Shares of CRWD stock opened at $256.16 on Friday. The company has a market cap of $62.34 billion, a P/E ratio of 483.33, a PEG ratio of 12.98 and a beta of 1.10. The stock has a 50 day simple moving average of $354.16 and a two-hundred day simple moving average of $326.00. 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 $140.52 and a fifty-two week high of $398.33.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, June 4th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The business had revenue of $921.04 million during the quarter, compared to the consensus estimate of $904.82 million. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. Research analysts forecast that CrowdStrike Holdings, Inc. will post 0.9 earnings per share for the current year.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 15,753 shares of CrowdStrike stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $305.15, for a total value of $4,807,027.95. Following the completion of the sale, the chief financial officer now directly owns 313,994 shares in the company, valued at $95,815,269.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other CrowdStrike news, CFO Burt W. Podbere sold 15,753 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $305.15, for a total value of $4,807,027.95. Following the completion of the sale, the chief financial officer now owns 313,994 shares of the company’s stock, valued at $95,815,269.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael Sentonas sold 10,735 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $4,086,063.05. Following the completion of the sale, the president now directly owns 411,166 shares of the company’s stock, valued at approximately $156,502,114.58. The disclosure for this sale can be found here. Over the last three months, insiders sold 219,675 shares of company stock worth $76,931,522. 4.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on CRWD. KeyCorp reduced their price target on CrowdStrike from $440.00 to $420.00 and set an “overweight” rating for the company in a research note on Wednesday, July 17th. Citigroup reduced their price target on CrowdStrike from $425.00 to $345.00 and set a “buy” rating for the company in a research note on Wednesday. BTIG Research lowered CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Tuesday. Finally, Evercore ISI reduced their target price on CrowdStrike from $405.00 to $350.00 and set an “outperform” rating on the stock in a report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, thirty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $359.16.

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.