Universal Beteiligungs und Servicegesellschaft mbH Lowers Stock Holdings in CrowdStrike (NASDAQ:CRWD)

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 9.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 157,786 shares of the company's stock after selling 16,390 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of CrowdStrike worth $55,632,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CRWD. Brighton Jones LLC grew its position in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after buying an additional 2,417 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of CrowdStrike in the 4th quarter worth $254,000. TD Private Client Wealth LLC boosted its position in shares of CrowdStrike by 30.5% in the 4th quarter. TD Private Client Wealth LLC now owns 851 shares of the company's stock worth $291,000 after purchasing an additional 199 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike in the 4th quarter worth $34,000. Finally, LPL Financial LLC boosted its position in shares of CrowdStrike by 6.0% in the 4th quarter. LPL Financial LLC now owns 456,821 shares of the company's stock worth $156,306,000 after purchasing an additional 26,000 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on CRWD. Barclays set a $500.00 price objective on CrowdStrike in a research report on Tuesday, June 3rd. Raymond James Financial reissued an "outperform" rating and issued a $485.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Bank of America reissued a "neutral" rating and issued a $470.00 price objective (up previously from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. UBS Group reissued a "buy" rating on shares of CrowdStrike in a research report on Tuesday, June 3rd. Finally, Cantor Fitzgerald raised their price objective on CrowdStrike from $440.00 to $475.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. One analyst has rated the stock with a sell rating, nineteen have given a hold rating and twenty-six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $461.17.

Insider Activity

In related news, President Michael Sentonas sold 11,527 shares of the stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $471.20, for a total value of $5,431,522.40. Following the completion of the transaction, the president directly owned 410,677 shares in the company, valued at approximately $193,511,002.40. This represents a 2.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $512.43, for a total value of $3,202,687.50. Following the completion of the transaction, the director owned 781,011 shares of the company's stock, valued at $400,213,466.73. The trade was a 0.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 241,820 shares of company stock worth $113,297,985. 3.32% of the stock is owned by company insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded up $5.89 during midday trading on Friday, hitting $467.92. The company had a trading volume of 1,788,951 shares, compared to its average volume of 2,689,736. CrowdStrike has a twelve month low of $200.81 and a twelve month high of $517.98. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market cap of $116.63 billion, a price-to-earnings ratio of -678.14 and a beta of 1.16. The business's 50-day simple moving average is $477.89 and its 200-day simple moving average is $419.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its 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 positive return on equity of 0.43% and a negative net margin of 4.17%. The business 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 company earned $0.93 EPS. The company's revenue for the quarter was up 19.8% on a year-over-year basis. On average, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike 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.