6,855 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Asio Capital LLC

Asio Capital LLC acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,855 shares of the company's stock, valued at approximately $2,417,000.

A number of other large investors also recently made changes to their positions in CRWD. Brighton Jones LLC raised its position in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after purchasing an additional 2,417 shares during the period. Savant Capital LLC raised its position in shares of CrowdStrike by 9.6% in the fourth quarter. Savant Capital LLC now owns 2,821 shares of the company's stock valued at $965,000 after purchasing an additional 247 shares during the period. Avidian Wealth Enterprises LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $204,000. Catalyst Financial Partners LLC raised its position in shares of CrowdStrike by 24.5% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,037 shares of the company's stock valued at $355,000 after purchasing an additional 204 shares during the period. Finally, Bogart Wealth LLC raised its position in shares of CrowdStrike by 27.4% in the fourth quarter. Bogart Wealth LLC now owns 740 shares of the company's stock valued at $253,000 after purchasing an additional 159 shares during the period. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Down 0.2%

Shares of CRWD traded down $1.11 during mid-day trading on Friday, hitting $480.62. The company had a trading volume of 2,608,585 shares, compared to its average volume of 5,027,016. The stock has a market cap of $119.13 billion, a PE ratio of 942.41, a P/E/G ratio of 17.86 and a beta of 1.16. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $491.20. The business's 50-day simple moving average is $428.81 and its 200-day simple moving average is $392.22.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the previous year, the company posted $0.93 earnings per share. CrowdStrike's revenue was up 19.8% compared to the same quarter last year. Sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total transaction of $11,925,000.00. Following the transaction, the president now owns 422,204 shares of the company's stock, valued at approximately $201,391,308. This trade represents a 5.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the transaction, the director now directly owns 768,092 shares in the company, valued at approximately $248,984,702.72. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,361 shares of company stock worth $106,359,058 in the last 90 days. Corporate insiders own 3.32% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CRWD. Susquehanna upped their target price on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a report on Wednesday, June 4th. Bank of America reaffirmed a "neutral" rating and set a $470.00 target price (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. BMO Capital Markets upped their target price on shares of CrowdStrike from $405.00 to $500.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a report on Thursday, June 5th. Finally, Sanford C. Bernstein lowered shares of CrowdStrike from an "outperform" rating to a "market perform" rating and set a $371.00 target price on the stock. in a report on Friday, June 6th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $453.17.

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.