CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by ORG Partners LLC

ORG Partners LLC raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14,933.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 902 shares of the company’s stock after acquiring an additional 896 shares during the period. ORG Partners LLC’s holdings in CrowdStrike were worth $354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. TRUE Private Wealth Advisors lifted its stake in CrowdStrike by 6.9% during the 2nd quarter. TRUE Private Wealth Advisors now owns 2,447 shares of the company’s stock valued at $938,000 after acquiring an additional 159 shares during the period. V Square Quantitative Management LLC increased its holdings in shares of CrowdStrike by 72.9% during the 2nd quarter. V Square Quantitative Management LLC now owns 683 shares of the company’s stock valued at $262,000 after purchasing an additional 288 shares in the last quarter. Great Valley Advisor Group Inc. increased its holdings in shares of CrowdStrike by 7.1% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 2,496 shares of the company’s stock valued at $956,000 after purchasing an additional 166 shares in the last quarter. NorthCrest Asset Manangement LLC increased its holdings in shares of CrowdStrike by 20.6% during the 2nd quarter. NorthCrest Asset Manangement LLC now owns 3,384 shares of the company’s stock valued at $1,297,000 after purchasing an additional 577 shares in the last quarter. Finally, Diversified Trust Co increased its holdings in shares of CrowdStrike by 1.1% during the 2nd quarter. Diversified Trust Co now owns 3,907 shares of the company’s stock valued at $1,497,000 after purchasing an additional 44 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on CRWD shares. Evercore ISI cut their price target on shares of CrowdStrike from $350.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday, July 30th. BMO Capital Markets dropped their target price on shares of CrowdStrike from $425.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, June 5th. Stifel Nicolaus lowered their price target on shares of CrowdStrike from $400.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Wells Fargo & Company lowered their price target on shares of CrowdStrike from $435.00 to $350.00 and set an “overweight” rating on the stock in a research report on Monday, July 22nd. Finally, Oppenheimer boosted their price target on shares of CrowdStrike from $355.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, June 5th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirty-three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $344.13.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $371.32, for a total value of $1,485,280.00. Following the transaction, the insider now directly owns 183,091 shares in the company, valued at $67,985,350.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $371.32, for a total value of $1,485,280.00. Following the transaction, the insider now directly owns 183,091 shares in the company, valued at $67,985,350.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 55,587 shares of the stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $376.45, for a total transaction of $20,925,726.15. Following the completion of the transaction, the chief executive officer now owns 1,127,843 shares in the company, valued at $424,576,497.35. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 131,643 shares of company stock worth $49,709,324. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 3.3 %

Shares of CRWD stock traded up $8.11 during trading hours on Wednesday, reaching $256.22. 5,671,981 shares of the stock were exchanged, compared to its average volume of 5,435,014. The business’s fifty day moving average is $329.98 and its two-hundred day moving average is $322.11. 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 12-month low of $140.52 and a 12-month high of $398.33. The firm has a market capitalization of $62.35 billion, a P/E ratio of 483.11, a P/E/G ratio of 11.79 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last released 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). CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. The firm had revenue of $921.04 million for the quarter, compared to analysts’ expectations of $904.82 million. As a group, research analysts expect that CrowdStrike Holdings, Inc. will post 0.87 EPS for the current fiscal year.

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.