1,000 Shares in CrowdStrike (NASDAQ:CRWD) Bought by Autumn Glory Partners LLC

Autumn Glory Partners LLC acquired a new position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,000 shares of the company's stock, valued at approximately $353,000.

Several other large investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. lifted its stake in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares during the last quarter. Sound Income Strategies LLC lifted its stake in CrowdStrike by 77.6% in the first quarter. Sound Income Strategies LLC now owns 87 shares of the company's stock valued at $31,000 after buying an additional 38 shares during the last quarter. Crowley Wealth Management Inc. bought a new stake in CrowdStrike in the fourth quarter valued at $34,000. Millstone Evans Group LLC bought a new stake in CrowdStrike in the fourth quarter valued at $34,000. Finally, ST Germain D J Co. Inc. lifted its stake in CrowdStrike by 426.3% in the first quarter. ST Germain D J Co. Inc. now owns 100 shares of the company's stock valued at $35,000 after buying an additional 81 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CRWD shares. Morgan Stanley lifted their price objective on shares of CrowdStrike from $455.00 to $490.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Robert W. Baird cut their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. UBS Group restated a "buy" rating on shares of CrowdStrike in a research note on Tuesday, June 3rd. Wells Fargo & Company lifted their price objective on shares of CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. Finally, Cantor Fitzgerald lifted their price objective on shares of CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $453.17.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $485.16 on Thursday. CrowdStrike has a 52 week low of $200.81 and a 52 week high of $493.20. The stock has a market capitalization of $120.93 billion, a PE ratio of -703.13 and a beta of 1.16. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $436.32 and a two-hundred day moving average of $394.77.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The firm's revenue was up 19.8% on a year-over-year basis. On average, research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In related news, CAO Anurag Saha sold 2,141 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $371.79, for a total value of $796,002.39. Following the sale, the chief accounting officer now owns 34,024 shares of the company's stock, valued at $12,649,782.96. This trade represents a 5.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 55,556 shares of the business's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the sale, the chief executive officer now owns 2,192,610 shares in the company, valued at $981,280,679.40. This trade represents a 2.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 257,861 shares of company stock valued at $109,595,558 over the last 90 days. Corporate insiders own 3.32% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.