Generali Investments Management Co LLC Takes $1.54 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Generali Investments Management Co LLC acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,354 shares of the company's stock, valued at approximately $1,535,000.

Several other hedge funds also recently bought and sold shares of the company. FSA Wealth Management LLC increased its position in CrowdStrike by 11.2% in the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after purchasing an additional 23 shares during the last quarter. Jacobi Capital Management LLC increased its holdings in shares of CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock valued at $448,000 after acquiring an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its holdings in shares of CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock valued at $675,000 after acquiring an additional 27 shares during the last quarter. Wintrust Investments LLC increased its holdings in shares of CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after acquiring an additional 29 shares during the last quarter. Finally, Greenwich Wealth Management LLC increased its holdings in shares of CrowdStrike by 4.0% during the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after acquiring an additional 30 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CRWD shares. Susquehanna increased their price objective on CrowdStrike from $425.00 to $530.00 and gave the company a "positive" rating in a report on Wednesday. JMP Securities reissued a "market outperform" rating and set a $500.00 price objective on shares of CrowdStrike in a report on Wednesday. Cantor Fitzgerald increased their price objective on CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Truist Financial reaffirmed a "buy" rating and issued a $500.00 target price (up previously from $450.00) on shares of CrowdStrike in a report on Wednesday. Finally, Stifel Nicolaus raised their target price on CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a report on Wednesday. Two equities 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 company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $450.43.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 10,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $489.00, for a total value of $4,890,000.00. Following the completion of the transaction, the director now directly owns 29,500 shares of the company's stock, valued at approximately $14,425,500. The trade was a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $484.59, for a total value of $3,028,687.50. Following the completion of the transaction, the director now directly owns 755,592 shares of the company's stock, valued at approximately $366,152,327.28. The trade was a 0.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 211,681 shares of company stock valued at $87,081,236. Company insiders own 3.32% of the company's stock.

CrowdStrike Trading Up 1.2%

Shares of CrowdStrike stock traded up $5.47 during trading on Friday, reaching $468.41. 4,338,578 shares of the company were exchanged, compared to its average volume of 5,114,226. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $491.20. The business has a 50-day moving average price of $415.18 and a 200-day moving average price of $388.02. The firm has a market capitalization of $116.11 billion, a price-to-earnings ratio of 918.47, a P/E/G ratio of 17.86 and a beta of 1.22.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a return on equity of 7.11% and a net margin of 3.39%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. The company's revenue was up 19.8% on a year-over-year basis. Sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current fiscal 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.