Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Has $15.27 Million Stake in CrowdStrike (NASDAQ:CRWD)

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. decreased its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 59.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,302 shares of the company's stock after selling 62,953 shares during the quarter. CrowdStrike makes up about 3.1% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s investment portfolio, making the stock its 11th biggest holding. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings in CrowdStrike were worth $15,267,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Cloud Capital Management LLC acquired a new stake in CrowdStrike in the first quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after buying an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after buying an additional 58 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of CrowdStrike by 77.6% during the 1st quarter. Sound Income Strategies LLC now owns 87 shares of the company's stock worth $31,000 after buying an additional 38 shares during the last quarter. Finally, Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Trading Down 1.4%

CRWD stock traded down $6.85 during trading on Tuesday, hitting $474.73. The company had a trading volume of 916,358 shares, compared to its average volume of 4,586,800. 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 $118.33 billion, a P/E ratio of -688.33 and a beta of 1.16. The company has a 50 day simple moving average of $474.54 and a 200-day simple moving average of $415.76. CrowdStrike has a 52-week low of $200.81 and a 52-week high of $517.98.

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 negative net margin of 4.17% and a positive return on equity of 0.43%. 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 forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, Director Roxanne S. Austin sold 15,000 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the completion of the sale, the director owned 18,858 shares in the company, valued at approximately $9,385,060.86. The trade was a 44.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael Sentonas sold 25,000 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total value of $11,925,000.00. Following the sale, the president owned 422,204 shares of the company's stock, valued at $201,391,308. The trade was a 5.59% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 252,320 shares of company stock worth $117,592,485. Insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CRWD. JMP Securities restated a "market outperform" rating and set a $500.00 target price on shares of CrowdStrike in a research note on Wednesday, June 4th. Canaccord Genuity Group reiterated a "hold" rating and issued a $475.00 price objective (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Cfra reiterated a "hold" rating and issued a $555.00 price objective (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. 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. Finally, Wedbush boosted their target price on shares of CrowdStrike from $475.00 to $525.00 and gave the company an "outperform" rating in a research report on Tuesday, June 3rd. One investment analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and twenty-six have issued a buy rating to the company's stock. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and an average target price of $460.93.

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.

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