Huntleigh Advisors Inc. Has $1.75 Million Stock Holdings in CrowdStrike (NASDAQ:CRWD)

Huntleigh Advisors Inc. lifted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 16.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,975 shares of the company's stock after acquiring an additional 710 shares during the quarter. Huntleigh Advisors Inc.'s holdings in CrowdStrike were worth $1,754,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CRWD. FSA Wealth Management LLC lifted its position 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 in the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after purchasing an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in shares of CrowdStrike by 1.4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC boosted its position in shares of CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company's stock worth $246,000 after buying an additional 29 shares during the period. Finally, Greenwich Wealth Management LLC grew its holdings in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after buying an additional 30 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CRWD has been the subject of a number of research reports. Piper Sandler raised their price objective on CrowdStrike from $400.00 to $505.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. Wells Fargo & Company boosted their price objective on shares of CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a research report on Monday, June 2nd. Bank of America reiterated a "neutral" rating and issued a $470.00 price objective (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Scotiabank increased their target price on shares of CrowdStrike from $370.00 to $480.00 and gave the stock a "sector perform" rating in a research report on Wednesday, June 4th. Finally, Barclays set a $500.00 target price on shares of CrowdStrike in a research note on Tuesday, June 3rd. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $453.88.

CrowdStrike Stock Performance

CrowdStrike stock traded up $17.67 during trading hours on Friday, hitting $513.77. The stock had a trading volume of 2,654,026 shares, compared to its average volume of 4,779,107. The company has a 50-day moving average of $461.68 and a two-hundred day moving average of $404.93. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $517.98. The company has a market cap of $128.06 billion, a PE ratio of -744.59 and a beta of 1.16.

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

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of the business's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total value of $11,925,000.00. Following the transaction, the president directly owned 422,204 shares in the company, valued at $201,391,308. The trade was a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Denis Oleary sold 15,680 shares of the company'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 sale, the director directly owned 36,906 shares in the company, valued at $17,306,330.58. This represents a 29.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 249,571 shares of company stock worth $115,469,993 over the last three months. 3.32% of the stock is currently owned by insiders.

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.