Comprehensive Financial Planning Inc. PA Has $1.48 Million Stock Holdings in CrowdStrike (NASDAQ:CRWD)

Key Points

• Comprehensive Financial Planning Inc. PA increased its stake in CrowdStrike by 19.1%, owning 4,184 shares valued at approximately $1.48 million, making up about 1.4% of its portfolio.
• Insider transactions showed significant sales, with Director Denis Oleary selling 15,680 shares and Director Roxanne S. Austin selling 15,000 shares, both representing over a 29% decrease in their respective positions.
• CrowdStrike's most recent quarterly earnings report indicated a profit of $0.73 per share, exceeding analyst expectations, but its revenue was slightly below consensus estimates with a 19.8% year-over-year growth.

Comprehensive Financial Planning Inc. PA raised its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 19.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,184 shares of the company's stock after acquiring an additional 671 shares during the period. CrowdStrike makes up about 1.4% of Comprehensive Financial Planning Inc. PA's portfolio, making the stock its 21st biggest holding. Comprehensive Financial Planning Inc. PA's holdings in CrowdStrike were worth $1,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after acquiring an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after acquiring an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Denis Oleary sold 15,680 shares of CrowdStrike stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $468.93, for a total value of $7,352,822.40. Following the completion of the sale, the director owned 36,906 shares of the company's stock, valued at approximately $17,306,330.58. This trade represents a 29.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Roxanne S. Austin sold 15,000 shares of the firm's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the completion of the transaction, the director directly owned 18,858 shares of the company's stock, valued at $9,385,060.86. The trade was a 44.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 154,014 shares of company stock valued at $74,238,060. 3.32% of the stock is currently owned by insiders.

CrowdStrike Trading Up 1.8%

NASDAQ CRWD opened at $454.86 on Tuesday. The firm has a market capitalization of $113.37 billion, a P/E ratio of -659.22 and a beta of 1.13. The business has a fifty day simple moving average of $479.50 and a 200 day simple moving average of $423.99. CrowdStrike has a 12 month low of $200.81 and a 12 month high of $517.98. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share 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 business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The business's revenue was up 19.8% on a year-over-year basis. On average, analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. DZ Bank downgraded CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price objective on the stock. in a report on Thursday, May 22nd. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Thursday, June 5th. Evercore ISI reiterated 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. UBS Group reiterated a "buy" rating on shares of CrowdStrike in a report on Tuesday, June 3rd. Finally, BTIG Research reiterated a "buy" rating on shares of CrowdStrike in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $461.17.

CrowdStrike Company 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.

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