Mount Yale Investment Advisors LLC Has $1.92 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mount Yale Investment Advisors LLC lessened its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,983 shares of the company’s stock after selling 43 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in CrowdStrike were worth $1,918,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CRWD. CVA Family Office LLC acquired a new stake in CrowdStrike in the 4th quarter valued at approximately $26,000. Hexagon Capital Partners LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $26,000. Bear Mountain Capital Inc. acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $27,000. Trivant Custom Portfolio Group LLC acquired a new position in shares of CrowdStrike during the 1st quarter worth approximately $30,000. Finally, Johnson Financial Group Inc. acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 56,279 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $304.41, for a total value of $17,131,890.39. Following the completion of the transaction, the chief executive officer now directly owns 1,146,048 shares in the company, valued at $348,868,471.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other CrowdStrike news, CEO George Kurtz sold 56,279 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $304.41, for a total value of $17,131,890.39. Following the completion of the transaction, the chief executive officer now directly owns 1,146,048 shares in the company, valued at $348,868,471.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,662 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the transaction, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The disclosure for this sale can be found here. Insiders have sold 219,675 shares of company stock valued at $76,931,522 over the last ninety days. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Price Performance

NASDAQ:CRWD traded up $2.65 during trading hours on Monday, hitting $258.81. The company’s stock had a trading volume of 10,737,205 shares, compared to its average volume of 5,083,774. The stock has a fifty day simple moving average of $354.16 and a 200-day simple moving average of $326.67. The company has a market capitalization of $62.98 billion, a P/E ratio of 488.32, a PEG ratio of 13.09 and a beta of 1.10. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. CrowdStrike Holdings, Inc. has a twelve month low of $140.52 and a twelve month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data 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). The business had revenue of $921.04 million during the quarter, compared to analyst estimates of $904.82 million. CrowdStrike had a net margin of 4.01% and a return on equity of 7.39%. On average, analysts anticipate that CrowdStrike Holdings, Inc. will post 0.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CRWD. Needham & Company LLC reaffirmed a “buy” rating and set a $425.00 price target on shares of CrowdStrike in a research report on Wednesday, June 5th. Citigroup decreased their target price on CrowdStrike from $425.00 to $345.00 and set a “buy” rating on the stock in a report on Wednesday, July 24th. BMO Capital Markets decreased their target price on CrowdStrike from $425.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, June 5th. Truist Financial decreased their target price on CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a report on Tuesday, July 23rd. Finally, HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and decreased their target price for the stock from $388.00 to $302.00 in a report on Tuesday, July 23rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirty-two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $356.37.

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.