CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Czech National Bank

Czech National Bank lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 12.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,573 shares of the company's stock after purchasing an additional 6,102 shares during the quarter. Czech National Bank's holdings in CrowdStrike were worth $19,947,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in CrowdStrike by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock worth $7,502,204,000 after acquiring an additional 342,294 shares during the last quarter. Jennison Associates LLC increased its position in shares of CrowdStrike by 6.9% during the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after purchasing an additional 352,180 shares during the last quarter. Geode Capital Management LLC increased its position in shares of CrowdStrike by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock valued at $1,712,063,000 after purchasing an additional 124,984 shares during the last quarter. Norges Bank bought a new stake in CrowdStrike in the fourth quarter worth $1,111,542,000. Finally, Northern Trust Corp boosted its stake in CrowdStrike by 16.6% during the fourth quarter. Northern Trust Corp now owns 2,271,722 shares of the company's stock worth $777,292,000 after buying an additional 324,136 shares during the period. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $2.38 during trading on Thursday, reaching $462.94. 6,174,926 shares of the company traded hands, compared to its average volume of 5,115,588. The stock has a market cap of $114.75 billion, a P/E ratio of 907.74, a PEG ratio of 17.86 and a beta of 1.22. The firm's fifty day simple moving average is $413.06 and its 200 day simple moving average is $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 12-month low of $200.81 and a 12-month high of $491.20.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share 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 firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the firm earned $0.93 EPS. The business's quarterly revenue was up 19.8% on a year-over-year basis. As a group, research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. This trade represents a 4.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 1,496 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 $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97% 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 worth $87,081,236 in the last 90 days. Corporate insiders own 3.32% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CRWD shares. Roth Capital raised their target price on shares of CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a report on Wednesday. Cantor Fitzgerald upped their target price on CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Royal Bank of Canada increased their price target on CrowdStrike from $500.00 to $510.00 and gave the stock an "outperform" rating in a report on Wednesday. Stephens boosted their price objective on CrowdStrike from $450.00 to $540.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Canaccord Genuity Group reaffirmed a "hold" rating and issued a $475.00 price objective (up previously from $420.00) on shares of CrowdStrike in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $449.38.

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.