AAFMAA Wealth Management & Trust LLC Raises Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AAFMAA Wealth Management & Trust LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 252.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,850 shares of the company's stock after buying an additional 2,042 shares during the period. AAFMAA Wealth Management & Trust LLC's holdings in CrowdStrike were worth $1,005,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of CRWD. Primoris Wealth Advisors LLC acquired a new position in CrowdStrike in the fourth quarter valued at approximately $2,166,000. Arcadia Investment Management Corp MI lifted its stake in CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock valued at $4,090,000 after buying an additional 2,814 shares during the period. Trifecta Capital Advisors LLC raised its holdings in shares of CrowdStrike by 2,140.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company's stock valued at $3,066,000 after purchasing an additional 8,561 shares during the period. Delta Financial Group Inc. acquired a new position in shares of CrowdStrike during the fourth quarter valued at about $336,000. Finally, Marshall Investment Management LLC acquired a new position in shares of CrowdStrike during the fourth quarter valued at about $2,494,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the transaction, the insider now directly owns 89,714 shares in the company, valued at approximately $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the completion of the transaction, the director now owns 768,092 shares of the company's stock, valued at $248,984,702.72. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 211,681 shares of company stock valued at $87,081,236 in the last three months. Company insiders own 3.32% of the company's stock.

Wall Street Analyst Weigh In

CRWD has been the topic of several research reports. Barclays set a $500.00 price objective on shares of CrowdStrike in a report on Tuesday. Sanford C. Bernstein lowered shares of CrowdStrike from an "outperform" rating to a "market perform" rating and set a $371.00 price objective on the stock. in a report on Friday. Wedbush upped their price objective on shares of CrowdStrike from $475.00 to $525.00 and gave the company an "outperform" rating in a report on Tuesday. UBS Group reiterated a "buy" rating on shares of CrowdStrike in a report on Tuesday. Finally, DA Davidson upped their price objective on shares of CrowdStrike from $415.00 to $530.00 and gave the company a "buy" rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have assigned a buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average target price of $450.43.

CrowdStrike Stock Performance

CRWD traded up $5.47 on Friday, hitting $468.41. The company's stock had a trading volume of 4,338,578 shares, compared to its average volume of 5,114,226. The company's 50 day simple moving average is $415.18 and its 200-day simple moving average is $388.02. The firm has a market cap of $116.11 billion, a P/E ratio of 918.47, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month 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 released its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.66 by $0.07. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period last year, the firm earned $0.93 EPS. CrowdStrike's revenue for the quarter was up 19.8% on a year-over-year basis. Analysts forecast that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current year.

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.