Boothe Investment Group Inc. Has $4.62 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Boothe Investment Group Inc. trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 32.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,114 shares of the company's stock after selling 6,438 shares during the quarter. CrowdStrike comprises 2.1% of Boothe Investment Group Inc.'s holdings, making the stock its 21st biggest position. Boothe Investment Group Inc.'s holdings in CrowdStrike were worth $4,624,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CRWD. FNY Investment Advisers LLC raised its position in CrowdStrike by 68.1% in the first quarter. FNY Investment Advisers LLC now owns 765 shares of the company's stock worth $269,000 after acquiring an additional 310 shares in the last quarter. Mason & Associates Inc grew its stake in shares of CrowdStrike by 4.2% in the 1st quarter. Mason & Associates Inc now owns 5,094 shares of the company's stock worth $1,796,000 after purchasing an additional 207 shares during the last quarter. Sagespring Wealth Partners LLC raised its holdings in shares of CrowdStrike by 23.7% in the 1st quarter. Sagespring Wealth Partners LLC now owns 2,286 shares of the company's stock worth $806,000 after purchasing an additional 438 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in CrowdStrike during the first quarter valued at approximately $1,630,000. Finally, Mission Wealth Management LP boosted its holdings in CrowdStrike by 0.3% during the first quarter. Mission Wealth Management LP now owns 12,283 shares of the company's stock worth $4,331,000 after buying an additional 35 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $324.16, for a total value of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares in the company, valued at $248,984,702.72. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Michael Sentonas sold 25,000 shares of the stock in a transaction dated 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 completion of the sale, the president now owns 422,204 shares of the company's stock, valued at approximately $201,391,308. The trade was a 5.59% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 247,861 shares of company stock valued at $104,770,558. 3.32% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of recent research reports. Bank of America reiterated a "neutral" rating and set a $470.00 price objective (up previously from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. UBS Group reiterated a "buy" rating on shares of CrowdStrike in a research report on Tuesday, June 3rd. Canaccord Genuity Group restated a "hold" rating and set a $475.00 price objective (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Evercore ISI restated an "in-line" rating and set a $440.00 price target (down previously from $450.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $453.17.

CrowdStrike Stock Performance

CRWD stock traded down $1.23 during mid-day trading on Monday, reaching $479.39. 2,702,718 shares of the stock traded hands, compared to its average volume of 5,017,731. The firm has a market capitalization of $118.83 billion, a PE ratio of 940.00, a P/E/G ratio of 17.86 and a beta of 1.16. The business has a 50-day moving average of $428.81 and a two-hundred day moving average of $392.53. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $491.20. 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 (NASDAQ:CRWD - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.07. CrowdStrike had a return on equity of 7.11% and a net margin of 3.39%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the company earned $0.93 EPS. The firm's revenue for the quarter was up 19.8% compared to the same quarter last year. As a group, equities analysts predict that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current fiscal year.

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.