Signaturefd LLC Purchases 682 Shares of CrowdStrike (NASDAQ:CRWD)

Signaturefd LLC grew its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 15.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,172 shares of the company's stock after purchasing an additional 682 shares during the quarter. Signaturefd LLC's holdings in CrowdStrike were worth $1,823,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. FSA Wealth Management LLC raised its stake in CrowdStrike by 11.2% during the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after acquiring an additional 23 shares in the last quarter. Tradewinds Capital Management LLC raised its stake in CrowdStrike by 20.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after acquiring an additional 25 shares in the last quarter. Stratos Wealth Advisors LLC increased its stake in CrowdStrike by 0.9% in the first quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company's stock valued at $1,052,000 after purchasing an additional 26 shares during the period. Stratos Investment Management LLC increased its stake in CrowdStrike by 0.9% in the first quarter. Stratos Investment Management LLC now owns 3,203 shares of the company's stock valued at $1,129,000 after purchasing an additional 27 shares during the period. Finally, American Financial Advisors LLC increased its stake in CrowdStrike by 2.9% in the first quarter. American Financial Advisors LLC now owns 1,008 shares of the company's stock valued at $355,000 after purchasing an additional 28 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Trading Up 1.0%

Shares of CRWD stock traded up $4.74 during mid-day trading on Friday, reaching $474.57. 2,126,603 shares of the stock traded hands, compared to its average volume of 4,752,450. The stock's fifty day simple moving average is $473.24 and its two-hundred day simple moving average is $413.85. CrowdStrike has a 1-year low of $200.81 and a 1-year high of $517.98. The company has a market cap of $118.29 billion, a price-to-earnings ratio of -687.73 and a beta of 1.16. 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 (NASDAQ:CRWD - Get Free Report) last released 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 firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%. The company's quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.93 earnings per share. On average, research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In other news, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the sale, the director directly owned 18,858 shares in the company, valued at approximately $9,667,553.70. This trade represents a 33.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 17,525 shares of CrowdStrike stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $477.62, for a total value of $8,370,290.50. Following the completion of the sale, the chief executive officer owned 2,175,154 shares in the company, valued at approximately $1,038,897,053.48. This represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 255,294 shares of company stock worth $118,670,500. 3.32% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Roth Capital boosted their price target on shares of CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. DA Davidson boosted their price objective on shares of CrowdStrike from $415.00 to $530.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Evercore ISI reissued an "in-line" rating and set a $440.00 price objective (down previously from $450.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Raymond James Financial reissued an "outperform" rating and set a $485.00 price objective (up previously from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, UBS Group reissued a "buy" rating on shares of CrowdStrike in a report on Tuesday, June 3rd. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $456.60.

About CrowdStrike

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.