Strategic Wealth Partners Ltd. Has $576,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Strategic Wealth Partners Ltd. reduced its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 21.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,798 shares of the company’s stock after selling 483 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in CrowdStrike were worth $576,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of CRWD. Hexagon Capital Partners LLC acquired a new stake in CrowdStrike in the fourth quarter worth $26,000. Bear Mountain Capital Inc. acquired a new stake in CrowdStrike in the fourth quarter worth $27,000. Trivant Custom Portfolio Group LLC acquired a new stake in CrowdStrike in the first quarter worth $30,000. Johnson Financial Group Inc. acquired a new stake in CrowdStrike in the fourth quarter worth $31,000. Finally, Northwest Bank & Trust Co acquired a new stake in CrowdStrike in the fourth quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CRWD has been the topic of several analyst reports. FBN Securities upgraded shares of CrowdStrike to a “strong-buy” rating in a report on Wednesday, June 5th. Scotiabank downgraded shares of CrowdStrike from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $393.00 to $300.00 in a research report on Monday, July 22nd. HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $388.00 to $302.00 in a research report on Tuesday, July 23rd. Guggenheim downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Finally, Truist Financial lowered their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research report on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirty-two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $351.76.

CrowdStrike Stock Performance

CrowdStrike stock traded down $6.33 during midday trading on Friday, hitting $217.89. The company’s stock had a trading volume of 8,966,049 shares, compared to its average volume of 5,336,444. CrowdStrike Holdings, Inc. has a 1-year low of $140.52 and a 1-year high of $398.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The company has a 50-day moving average price of $345.42 and a two-hundred day moving average price of $324.78. The company has a market cap of $53.03 billion, a price-to-earnings ratio of 407.42, a PEG ratio of 12.16 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last issued 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). 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 predict that CrowdStrike Holdings, Inc. will post 0.87 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Roxanne S. Austin sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $390.01, for a total value of $3,900,100.00. Following the transaction, the director now directly owns 18,297 shares of the company’s stock, valued at approximately $7,136,012.97. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other CrowdStrike news, Director Roxanne S. Austin sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $390.01, for a total value of $3,900,100.00. Following the transaction, the director now directly owns 18,297 shares of the company’s stock, valued at approximately $7,136,012.97. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Burt W. Podbere sold 12,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $329.10, for a total transaction of $3,949,200.00. Following the sale, the chief financial officer now directly owns 308,593 shares in the company, valued at $101,557,956.30. The disclosure for this sale can be found here. Insiders have sold a total of 147,643 shares of company stock valued at $54,992,604 in the last ninety days. 4.34% of the stock is currently owned by company 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.