Capital Investment Advisors LLC Has $1 Million Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Capital Investment Advisors LLC boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 33.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,838 shares of the company's stock after buying an additional 704 shares during the period. Capital Investment Advisors LLC's holdings in CrowdStrike were worth $1,000,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. FSA Wealth Management LLC boosted its stake in shares of CrowdStrike by 11.2% during the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after acquiring an additional 23 shares in the last quarter. Jacobi Capital Management LLC raised its holdings in CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock valued at $448,000 after acquiring an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after buying an additional 27 shares in the last quarter. Wintrust Investments LLC raised its holdings in shares of CrowdStrike by 4.2% in the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock worth $246,000 after buying an additional 29 shares in the last quarter. Finally, Greenwich Wealth Management LLC raised its holdings in shares of CrowdStrike by 4.0% in the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock worth $265,000 after buying an additional 30 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

NASDAQ:CRWD traded down $1.11 during trading hours on Friday, reaching $480.62. 2,608,585 shares of the company were exchanged, compared to its average volume of 5,020,510. The company has a market capitalization of $119.13 billion, a P/E ratio of 942.41, a P/E/G ratio of 17.86 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $491.20. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The business has a 50 day moving average of $425.70 and a 200 day moving average of $391.11.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued 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 business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a return on equity of 7.11% and a net margin of 3.39%. The firm's quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.93 earnings per share. Research analysts forecast that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current year.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was 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 directly owns 422,204 shares in the company, valued at $201,391,308. This represents a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the company's stock in a transaction on Friday, March 21st. The stock was 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 disclosure for this sale can be found here. Insiders have sold 252,361 shares of company stock valued at $106,359,058 over the last 90 days. 3.32% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of recent analyst reports. Susquehanna raised their price target on CrowdStrike from $425.00 to $530.00 and gave the company a "positive" rating in a report on Wednesday, June 4th. Bank of America restated a "neutral" rating and issued a $470.00 price target (up from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Citigroup restated an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Robert W. Baird reduced their target price on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a report on Wednesday, March 5th. Finally, Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Thursday, June 5th. Two research 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. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $453.17.

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.