CrowdStrike (NASDAQ:CRWD) Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 42.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,524 shares of the company's stock after buying an additional 2,839 shares during the quarter. J.W. Cole Advisors Inc.'s holdings in CrowdStrike were worth $3,358,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. FSA Wealth Management LLC raised its stake in shares of CrowdStrike by 11.2% in the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock valued at $78,000 after acquiring an additional 23 shares during the period. Tradewinds Capital Management LLC boosted its holdings in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after buying an additional 25 shares in the last quarter. Stratos Wealth Advisors LLC boosted its stake in CrowdStrike by 0.9% during the 1st quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company's stock worth $1,052,000 after purchasing an additional 26 shares during the period. Stratos Investment Management LLC boosted its stake in CrowdStrike by 0.9% during the 1st quarter. Stratos Investment Management LLC now owns 3,203 shares of the company's stock worth $1,129,000 after purchasing an additional 27 shares during the period. Finally, American Financial Advisors LLC boosted its stake in CrowdStrike by 2.9% during the 1st quarter. American Financial Advisors LLC now owns 1,008 shares of the company's stock worth $355,000 after purchasing an additional 28 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Denis Oleary sold 15,680 shares of the business's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $468.93, for a total transaction 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. The trade was a 29.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO George Kurtz sold 55,556 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $447.54, for a total value of $24,863,532.24. Following the sale, the chief executive officer owned 2,192,610 shares of the company's stock, valued at $981,280,679.40. This represents a 2.47% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 252,320 shares of company stock valued at $117,592,485. Insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $475.96 on Monday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $118.63 billion, a P/E ratio of -689.80 and a beta of 1.16. The stock's 50-day simple moving average is $474.54 and its two-hundred day simple moving average is $415.76. CrowdStrike has a twelve month low of $200.81 and a twelve month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results 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 negative net margin of 4.17% and a positive return on equity of 0.43%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. The firm's revenue for the quarter was up 19.8% on a year-over-year basis. As a group, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Canaccord Genuity Group reiterated a "hold" rating and issued a $475.00 price target (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Evercore ISI reissued an "in-line" rating and issued a $440.00 target price (down from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Macquarie initiated coverage on shares of CrowdStrike in a research report on Thursday. They set a "neutral" rating and a $465.00 target price on the stock. Wedbush boosted their target price on shares of CrowdStrike from $475.00 to $525.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. Finally, Needham & Company LLC boosted their target price on shares of CrowdStrike from $420.00 to $530.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. One equities research analyst has rated the stock with a sell rating, nineteen have issued a hold rating and twenty-six have issued a buy rating to the company's stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $460.93.

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.

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