Callan Capital LLC Buys Shares of 3,522 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Callan Capital LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,522 shares of the company's stock, valued at approximately $899,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. HB Wealth Management LLC lifted its stake in shares of CrowdStrike by 22.3% in the 3rd quarter. HB Wealth Management LLC now owns 1,726 shares of the company's stock worth $289,000 after purchasing an additional 315 shares during the period. Capital Investment Advisors LLC bought a new stake in CrowdStrike during the 3rd quarter worth approximately $277,000. DAVENPORT & Co LLC raised its stake in CrowdStrike by 42.6% during the 3rd quarter. DAVENPORT & Co LLC now owns 2,813 shares of the company's stock worth $471,000 after acquiring an additional 841 shares during the period. Founders Financial Securities LLC raised its stake in CrowdStrike by 12.3% during the 3rd quarter. Founders Financial Securities LLC now owns 1,580 shares of the company's stock worth $264,000 after acquiring an additional 173 shares during the period. Finally, Exchange Traded Concepts LLC raised its stake in CrowdStrike by 70.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 9,552 shares of the company's stock worth $1,599,000 after acquiring an additional 3,960 shares during the period. Institutional investors own 71.16% of the company's stock.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 78,080 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO George Kurtz sold 78,080 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,019 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the completion of the sale, the chief accounting officer now owns 36,136 shares of the company's stock, valued at $11,773,108.80. The disclosure for this sale can be found here. Insiders sold 223,544 shares of company stock worth $72,113,932 over the last three months. 5.68% of the stock is owned by corporate insiders.

CrowdStrike Trading Up 2.0 %

Shares of NASDAQ:CRWD traded up $6.05 on Friday, hitting $304.07. 2,007,839 shares of the company's stock were exchanged, compared to its average volume of 2,018,688. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The stock has a market capitalization of $73.55 billion, a price-to-earnings ratio of 844.66, a price-to-earnings-growth ratio of 11.92 and a beta of 1.05. The business's 50 day simple moving average is $314.71 and its two-hundred day simple moving average is $268.72. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The business had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. Analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CRWD. JMP Securities raised their target price on shares of CrowdStrike from $330.00 to $400.00 and gave the stock a "market outperform" rating in a research note on Wednesday, March 6th. Needham & Company LLC raised their target price on shares of CrowdStrike from $325.00 to $350.00 and gave the stock a "buy" rating in a research note on Monday, March 4th. Evercore ISI increased their price objective on shares of CrowdStrike from $255.00 to $405.00 and gave the company an "outperform" rating in a report on Wednesday, March 6th. Canaccord Genuity Group increased their price objective on shares of CrowdStrike from $300.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. Finally, UBS Group increased their price objective on shares of CrowdStrike from $385.00 to $430.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company's stock. According to MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus target price of $371.87.

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.