Radnor Capital Management LLC Invests $427,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Radnor Capital Management LLC bought a new position 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 bought 1,210 shares of the company's stock, valued at approximately $427,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CRWD. FPC Investment Advisory Inc. raised its stake in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. Crowley Wealth Management Inc. acquired a new position in CrowdStrike in the fourth quarter valued at about $34,000. Millstone Evans Group LLC acquired a new position in CrowdStrike in the fourth quarter valued at about $34,000. ST Germain D J Co. Inc. raised its stake in CrowdStrike by 426.3% in the first quarter. ST Germain D J Co. Inc. now owns 100 shares of the company's stock valued at $35,000 after purchasing an additional 81 shares in the last quarter. Finally, Bellwether Advisors LLC acquired a new position in CrowdStrike in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Trading Up 1.2%

CRWD stock traded up $5.47 during trading on Friday, hitting $468.41. The company had a trading volume of 4,338,578 shares, compared to its average volume of 5,114,296. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $491.20. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average of $415.18 and a 200-day moving average of $388.29. The stock has a market cap of $116.11 billion, a PE ratio of 918.47, a PEG ratio of 17.86 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates 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% compared to the same quarter last year. Research analysts predict that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 211,681 shares of company stock valued at $87,081,236. 3.32% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of analyst reports. Needham & Company LLC boosted their price target on CrowdStrike from $420.00 to $530.00 and gave the company a "buy" rating in a research note on Wednesday. Cantor Fitzgerald boosted their price target on CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. DA Davidson boosted their price target on CrowdStrike from $415.00 to $530.00 and gave the company a "buy" rating in a research note on Wednesday. Robert W. Baird dropped their price target on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. Finally, Rosenblatt Securities boosted their price target on CrowdStrike from $450.00 to $515.00 and gave the company a "buy" rating in a research note on Monday, June 2nd. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average target price of $450.43.

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.