8,584 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Headlands Technologies LLC

Headlands Technologies LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 8,584 shares of the company's stock, valued at approximately $2,192,000. CrowdStrike makes up 0.7% of Headlands Technologies LLC's investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds have also bought and sold shares of the company. CVA Family Office LLC acquired a new stake in shares of CrowdStrike in the fourth quarter worth $26,000. Bear Mountain Capital Inc. acquired a new stake in CrowdStrike during the fourth quarter valued at $27,000. McGlone Suttner Wealth Management Inc. acquired a new stake in CrowdStrike during the fourth quarter valued at $36,000. Quent Capital LLC grew its position in CrowdStrike by 48.5% during the fourth quarter. Quent Capital LLC now owns 147 shares of the company's stock valued at $38,000 after buying an additional 48 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new stake in CrowdStrike during the third quarter valued at $27,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO George Kurtz sold 78,080 shares of the business's stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the sale, the insider now owns 208,961 shares in the company, valued at $64,525,067.19. The disclosure for this sale can be found here. Insiders have sold a total of 223,544 shares of company stock valued at $72,113,932 in the last ninety days. 5.68% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded up $6.05 on Friday, reaching $304.07. 2,007,839 shares of the company were exchanged, compared to its average volume of 2,018,688. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The firm has a market cap of $73.55 billion, a price-to-earnings ratio of 844.66, a price-to-earnings-growth ratio of 12.16 and a beta of 1.05. The company has a 50-day moving average of $314.71 and a 200-day moving average of $269.29.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on CRWD. JPMorgan Chase & Co. raised their price target on shares of CrowdStrike from $350.00 to $371.00 and gave the company an "overweight" rating in a research report on Wednesday, March 6th. Royal Bank of Canada raised their price target on shares of CrowdStrike from $357.00 to $420.00 and gave the company an "outperform" rating in a research report on Wednesday, March 6th. Stifel Nicolaus raised their price target on shares of CrowdStrike from $315.00 to $400.00 and gave the company a "buy" rating in a research report on Wednesday, March 6th. Citigroup increased their price objective on shares of CrowdStrike from $320.00 to $425.00 and gave the company a "buy" rating in a report on Thursday, March 7th. Finally, DA Davidson increased their price objective on shares of CrowdStrike from $285.00 to $425.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. One investment 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $371.87.

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.