4,015 Shares in CrowdStrike (NASDAQ:CRWD) Bought by Little House Capital LLC

Little House Capital LLC purchased a new position in CrowdStrike (NASDAQ:CRWD - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,015 shares of the company's stock, valued at approximately $1,416,000.

A number of other hedge funds also recently modified their holdings of CRWD. Norges Bank bought a new position in CrowdStrike in the fourth quarter valued at about $1,111,542,000. GAMMA Investing LLC boosted its stake in shares of CrowdStrike by 50,536.2% during the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock valued at $383,132,000 after purchasing an additional 1,084,506 shares in the last quarter. Pathstone Holdings LLC boosted its stake in shares of CrowdStrike by 379.0% during the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock valued at $440,116,000 after purchasing an additional 1,017,678 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of CrowdStrike during the fourth quarter valued at about $237,375,000. Finally, Voya Investment Management LLC boosted its stake in shares of CrowdStrike by 43.5% during the fourth quarter. Voya Investment Management LLC now owns 1,920,901 shares of the company's stock valued at $657,106,000 after purchasing an additional 582,471 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CRWD shares. Jefferies Financial Group lifted their price target on CrowdStrike from $410.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. BTIG Research reissued a "buy" rating on shares of CrowdStrike in a research note on Thursday, May 22nd. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research note on Thursday, June 5th. Raymond James Financial reissued an "outperform" rating and set a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Evercore ISI reaffirmed an "in-line" rating and issued a $440.00 price objective (down from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $453.88.

Insider Transactions at CrowdStrike

In other news, Director Gerhard Watzinger sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $359.57, for a total transaction of $3,595,700.00. Following the transaction, the director now directly owns 62,891 shares of the company's stock, valued at approximately $22,613,716.87. The trade was a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 2,227 shares of the company's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $471.20, for a total value of $1,049,362.40. Following the completion of the sale, the chief accounting officer now directly owns 43,019 shares in the company, valued at approximately $20,270,552.80. The trade was a 4.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 255,821 shares of company stock valued at $115,966,659. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 1.2%

CRWD stock opened at $499.33 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market capitalization of $124.46 billion, a price-to-earnings ratio of -723.67 and a beta of 1.16. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $506.35. The stock has a fifty day moving average of $452.08 and a 200-day moving average of $401.30.

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

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.

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