Matauro LLC Acquires Shares of 2,141 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Matauro LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 2,141 shares of the company's stock, valued at approximately $755,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Brighton Jones LLC raised 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 valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. Savant Capital LLC raised its position in shares of CrowdStrike by 9.6% in the 4th quarter. Savant Capital LLC now owns 2,821 shares of the company's stock valued at $965,000 after buying an additional 247 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at approximately $204,000. Catalyst Financial Partners LLC raised its position in shares of CrowdStrike by 24.5% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,037 shares of the company's stock valued at $355,000 after buying an additional 204 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in CrowdStrike by 27.4% during the 4th quarter. Bogart Wealth LLC now owns 740 shares of the company's stock worth $253,000 after purchasing an additional 159 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $324.16, for a total value of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares of the company's stock, valued at $248,984,702.72. This represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the company's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 252,361 shares of company stock valued at $106,359,058. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Stock Performance

Shares of CRWD traded down $1.11 during trading hours on Friday, hitting $480.62. The company's stock had a trading volume of 2,608,585 shares, compared to its average volume of 5,027,016. The company has a market cap of $119.13 billion, a price-to-earnings ratio of 942.41, a PEG ratio of 17.86 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The business has a 50 day simple moving average of $428.81 and a two-hundred day simple moving average of $392.22. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $491.20.

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

Analysts Set New Price Targets

CRWD has been the subject of a number of research analyst reports. Oppenheimer upped their price objective on shares of CrowdStrike from $410.00 to $520.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Mizuho upped their price objective on shares of CrowdStrike from $425.00 to $450.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 4th. Evercore ISI reiterated an "in-line" rating and set a $440.00 price objective (down from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Rosenblatt Securities upped their price objective on shares of CrowdStrike from $450.00 to $515.00 and gave the stock a "buy" rating in a research report on Monday, June 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-eight have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $453.17.

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.