Symphony Financial Ltd. Co. grew its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 96.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,037 shares of the company's stock after purchasing an additional 998 shares during the period. Symphony Financial Ltd. Co.'s holdings in CrowdStrike were worth $733,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. FSA Wealth Management LLC grew its stake in CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after buying an additional 23 shares in the last quarter. Jacobi Capital Management LLC lifted its holdings in shares of CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock worth $448,000 after acquiring an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC lifted its holdings in shares of CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after acquiring an additional 27 shares during the period. Wintrust Investments LLC boosted its position in shares of CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock worth $246,000 after acquiring an additional 29 shares in the last quarter. Finally, Greenwich Wealth Management LLC increased its stake in CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after acquiring an additional 30 shares during the last quarter. 71.16% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have weighed in on CRWD. BMO Capital Markets raised their target price on CrowdStrike from $405.00 to $500.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Cantor Fitzgerald upped their price objective on CrowdStrike from $440.00 to $475.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. UBS Group reiterated a "buy" rating on shares of CrowdStrike in a research report on Tuesday, June 3rd. Royal Bank Of Canada boosted their target price on CrowdStrike from $500.00 to $510.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Finally, Oppenheimer increased their target price on shares of CrowdStrike from $410.00 to $520.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Two equities research 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 stock. According to data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus target price of $453.88.
View Our Latest Stock Analysis on CrowdStrike
CrowdStrike Trading Down 1.2%
CRWD stock traded down $5.89 during mid-day trading on Friday, reaching $499.33. The company's stock had a trading volume of 3,464,614 shares, compared to its average volume of 4,797,111. CrowdStrike has a 12 month low of $200.81 and a 12 month high of $508.04. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21. The business's 50 day moving average price is $449.61 and its 200 day moving average price is $400.24. The company has a market cap of $124.46 billion, a price-to-earnings ratio of -723.67 and a beta of 1.16.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. CrowdStrike's revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.93 EPS. On average, equities research analysts predict that CrowdStrike will post 0.55 EPS for the current year.
Insider Transactions at CrowdStrike
In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of the business's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total transaction of $11,925,000.00. Following the completion of the sale, the president now owns 422,204 shares in the company, valued at approximately $201,391,308. The trade was a 5.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the completion of the transaction, the director now directly owns 768,092 shares in the company, valued at $248,984,702.72. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 240,821 shares of company stock valued at $108,501,609 in the last 90 days. 3.32% of the stock is currently owned by corporate insiders.
CrowdStrike Profile
(
Free Report)
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.
Featured Stories

Before you consider CrowdStrike, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CrowdStrike wasn't on the list.
While CrowdStrike currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.