CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by AEGON ASSET MANAGEMENT UK Plc

AEGON ASSET MANAGEMENT UK Plc reduced its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 22.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,426 shares of the company's stock after selling 33,428 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc's holdings in CrowdStrike were worth $41,736,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC grew its holdings in shares of CrowdStrike by 41.7% during the first quarter. Whipplewood Advisors LLC now owns 221 shares of the company's stock worth $78,000 after buying an additional 65 shares in the last quarter. Smith Anglin Financial LLC grew its stake in CrowdStrike by 5.7% during the 1st quarter. Smith Anglin Financial LLC now owns 2,184 shares of the company's stock valued at $770,000 after acquiring an additional 117 shares in the last quarter. RFG Advisory LLC raised its holdings in CrowdStrike by 4.9% in the 1st quarter. RFG Advisory LLC now owns 7,263 shares of the company's stock valued at $2,561,000 after acquiring an additional 341 shares during the last quarter. Fulton Bank N.A. lifted its stake in CrowdStrike by 17.1% in the 1st quarter. Fulton Bank N.A. now owns 2,590 shares of the company's stock worth $913,000 after purchasing an additional 379 shares in the last quarter. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of CrowdStrike by 426.3% during the 1st quarter. ST Germain D J Co. Inc. now owns 100 shares of the company's stock worth $35,000 after purchasing an additional 81 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of CRWD traded up $2.38 during mid-day trading on Thursday, reaching $462.94. 6,165,943 shares of the company's stock were exchanged, compared to its average volume of 5,158,949. The business's fifty day simple moving average is $410.85 and its 200-day simple moving average is $386.40. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $491.20. The stock has a market capitalization of $114.75 billion, a PE ratio of 907.74, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. CrowdStrike had a return on equity of 7.11% and a net margin of 3.39%. The business's revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company posted $0.93 earnings per share. On average, equities research analysts expect that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares of the company's stock, valued at $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares of the company's stock, valued at $31,669,042. This represents a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 211,681 shares of company stock worth $87,081,236 over the last 90 days. 3.32% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on CRWD shares. Truist Financial reaffirmed a "buy" rating and issued a $500.00 price target (up previously from $450.00) on shares of CrowdStrike in a report on Wednesday. Susquehanna increased their target price on CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a research note on Wednesday. UBS Group restated a "buy" rating on shares of CrowdStrike in a report on Tuesday. Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Barclays set a $500.00 price target on shares of CrowdStrike in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, CrowdStrike has a consensus rating of "Moderate Buy" and an average target price of $449.38.

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.