CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 1.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 148,079 shares of the company's stock after purchasing an additional 2,484 shares during the period. Ferguson Wellman Capital Management Inc. owned 0.06% of CrowdStrike worth $52,210,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Norges Bank bought a new position in CrowdStrike in the fourth quarter worth approximately $1,111,542,000. GAMMA Investing LLC increased its holdings in shares of CrowdStrike by 50,536.2% in the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock valued at $383,132,000 after acquiring an additional 1,084,506 shares during the period. Pathstone Holdings LLC raised its position in shares of CrowdStrike by 379.0% in the 4th quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock worth $440,116,000 after acquiring an additional 1,017,678 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of CrowdStrike during the 4th quarter worth $237,375,000. Finally, Voya Investment Management LLC boosted its position in CrowdStrike by 43.5% during the fourth quarter. Voya Investment Management LLC now owns 1,920,901 shares of the company's stock valued at $657,106,000 after purchasing an additional 582,471 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on CRWD shares. Stephens increased their price target on shares of CrowdStrike from $450.00 to $540.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Roth Capital raised their price objective on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Barclays set a $500.00 target price on CrowdStrike in a research report on Tuesday, June 3rd. Morgan Stanley raised their price target on CrowdStrike from $455.00 to $490.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Finally, BTIG Research restated a "buy" rating on shares of CrowdStrike in a research note on Thursday, May 22nd. Two investment 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. According to MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus target price of $453.17.

Insider Activity at CrowdStrike

In other CrowdStrike news, 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 transaction of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97% 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, insider Shawn Henry sold 4,500 shares of the business'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 sale, the insider now owns 89,714 shares in the company, valued at $31,669,042. This represents a 4.78% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 252,361 shares of company stock valued at $106,359,058. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

NASDAQ CRWD traded up $4.75 during trading hours on Thursday, hitting $481.73. 3,512,877 shares of the company's stock traded hands, compared to its average volume of 5,025,949. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $491.20. The company has a market capitalization of $119.41 billion, a PE ratio of 944.59, a PEG ratio of 17.86 and a beta of 1.16. 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 firm's 50-day moving average is $422.55 and its 200-day moving average is $390.29.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $1.11 billion. During the same quarter in the prior year, the company earned $0.93 EPS. CrowdStrike's revenue was up 19.8% compared to the same quarter last year. Equities analysts forecast that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current fiscal 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.