NBC Securities Inc. Increases Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

NBC Securities Inc. increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 57,100.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,288 shares of the company's stock after acquiring an additional 2,284 shares during the quarter. NBC Securities Inc.'s holdings in CrowdStrike were worth $806,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CRWD. Green Alpha Advisors LLC grew its position in CrowdStrike by 15.1% during the first quarter. Green Alpha Advisors LLC now owns 4,276 shares of the company's stock worth $1,508,000 after buying an additional 562 shares in the last quarter. Czech National Bank raised its stake in CrowdStrike by 12.1% in the first quarter. Czech National Bank now owns 56,573 shares of the company's stock valued at $19,947,000 after purchasing an additional 6,102 shares in the last quarter. Aurora Investment Managers LLC. increased its holdings in CrowdStrike by 1.0% in the 1st quarter. Aurora Investment Managers LLC. now owns 7,066 shares of the company's stock valued at $2,491,000 after buying an additional 71 shares during the period. 180 Wealth Advisors LLC lifted its holdings in shares of CrowdStrike by 4.9% during the 1st quarter. 180 Wealth Advisors LLC now owns 3,847 shares of the company's stock worth $1,356,000 after acquiring an additional 181 shares during the period. Finally, Mirador Capital Partners LP lifted its stake in CrowdStrike by 2.7% during the first quarter. Mirador Capital Partners LP now owns 3,739 shares of the company's stock worth $1,318,000 after purchasing an additional 98 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the completion of the sale, the insider now owns 89,714 shares in the company, valued at approximately $31,669,042. The trade was a 4.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael Sentonas sold 13,543 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the transaction, the president now directly owns 405,308 shares in the company, valued at $145,351,554.96. This trade represents a 3.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 211,681 shares of company stock worth $87,081,236 over the last ninety days. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Stock Up 1.2%

CRWD traded up $5.36 on Friday, hitting $468.30. 3,362,149 shares of the company were exchanged, compared to its average volume of 5,108,872. The firm has a 50-day moving average price of $413.06 and a two-hundred day moving average price of $387.23. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $491.20. The company has a market cap of $116.08 billion, a price-to-earnings ratio of 918.15, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

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. 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 quarter in the previous year, the firm earned $0.93 earnings per share. The firm's quarterly revenue was up 19.8% on a year-over-year basis. On average, equities analysts predict that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current year.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Oppenheimer boosted their price target on CrowdStrike from $410.00 to $520.00 and gave the stock an "outperform" rating in a report on Wednesday. Royal Bank of Canada lifted their price target on CrowdStrike from $500.00 to $510.00 and gave the company an "outperform" rating in a research note on Wednesday. The Goldman Sachs Group restated a "buy" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Scotiabank upped their price target on CrowdStrike from $370.00 to $480.00 and gave the company a "sector perform" rating in a research report on Wednesday. Finally, JMP Securities restated a "market outperform" rating and set a $500.00 target price on shares of CrowdStrike in a research report on Wednesday. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $450.43.

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.