D.A. Davidson & CO. Has $14.70 Million Stock Holdings in CrowdStrike (NASDAQ:CRWD)

D.A. Davidson & CO. lifted its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 10.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,690 shares of the company's stock after buying an additional 3,780 shares during the period. D.A. Davidson & CO.'s holdings in CrowdStrike were worth $14,699,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CRWD. Vanguard Group Inc. lifted its holdings in CrowdStrike by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock worth $7,502,204,000 after buying an additional 342,294 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of CrowdStrike by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock worth $1,712,063,000 after acquiring an additional 124,984 shares in the last quarter. Norges Bank acquired a new position in shares of CrowdStrike in the fourth quarter worth about $1,111,542,000. Northern Trust Corp boosted its holdings in CrowdStrike by 16.6% in the fourth quarter. Northern Trust Corp now owns 2,271,722 shares of the company's stock valued at $777,292,000 after purchasing an additional 324,136 shares during the last quarter. Finally, FMR LLC grew its stake in CrowdStrike by 15.0% during the 4th quarter. FMR LLC now owns 2,204,171 shares of the company's stock valued at $754,179,000 after purchasing an additional 287,960 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Up 3.6%

Shares of CrowdStrike stock traded up $17.67 during midday trading on Friday, hitting $513.77. The company's stock had a trading volume of 2,654,026 shares, compared to its average volume of 4,779,107. CrowdStrike has a 1-year low of $200.81 and a 1-year high of $517.98. 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 $128.06 billion, a P/E ratio of -744.59 and a beta of 1.16. The stock has a 50-day simple moving average of $461.68 and a 200-day simple moving average of $404.93.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%. The business's quarterly revenue was up 19.8% compared to the same quarter last year. During the same period last year, the company posted $0.93 EPS. As a group, sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CRWD shares. Mizuho upped their target price on shares of CrowdStrike from $425.00 to $450.00 and gave the company a "neutral" rating in a research note on Wednesday, June 4th. Rosenblatt Securities upped their price objective on CrowdStrike from $450.00 to $515.00 and gave the company a "buy" rating in a research note on Monday, June 2nd. Roth Capital lifted their target price on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. BTIG Research reissued a "buy" rating on shares of CrowdStrike in a research report on Thursday, May 22nd. Finally, DZ Bank downgraded shares of CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price objective for the company. in a research report on Thursday, May 22nd. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $453.88.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,768 shares of the business's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $491.77, for a total value of $869,449.36. Following the transaction, the chief accounting officer owned 41,251 shares in the company, valued at $20,286,004.27. The trade was a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Roxanne S. Austin sold 9,447 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the transaction, the director directly owned 18,858 shares in the company, valued at approximately $9,667,553.70. The trade was a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 249,571 shares of company stock worth $115,469,993. Insiders own 3.32% of the company's stock.

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.