Natixis Investment Managers International Takes $177,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Natixis Investment Managers International purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 708 shares of the company’s stock, valued at approximately $177,000.

Several other institutional investors and hedge funds have also modified their holdings of CRWD. Column Capital Advisors LLC boosted its stake in CrowdStrike by 185.7% during the second quarter. Column Capital Advisors LLC now owns 100 shares of the company’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Strategic Blueprint LLC bought a new position in CrowdStrike during the second quarter valued at about $25,000. Montag A & Associates Inc. boosted its stake in CrowdStrike by 122.9% during the second quarter. Montag A & Associates Inc. now owns 107 shares of the company’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Red Door Wealth Management LLC bought a new position in CrowdStrike during the second quarter valued at about $27,000. Finally, Tsfg LLC bought a new position in CrowdStrike during the second quarter valued at about $33,000. 62.78% of the stock is currently owned by institutional investors.

Shares of CRWD traded up $0.56 during mid-day trading on Thursday, hitting $271.00. 42,563 shares of the company’s stock were exchanged, compared to its average volume of 2,625,926. The firm has a fifty day moving average of $256.72 and a two-hundred day moving average of $236.27. CrowdStrike Holdings, Inc. has a twelve month low of $118.10 and a twelve month high of $289.24. The stock has a market cap of $61.84 billion, a price-to-earnings ratio of -325.83 and a beta of 1.33. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.81.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Monday, August 30th. The company reported $0.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.02. CrowdStrike had a negative net margin of 16.34% and a negative return on equity of 13.86%. The company had revenue of $337.69 million for the quarter, compared to analyst estimates of $323.53 million. During the same quarter in the prior year, the business posted $0.03 EPS. CrowdStrike’s quarterly revenue was up 69.7% on a year-over-year basis. On average, equities analysts predict that CrowdStrike Holdings, Inc. will post -0.53 earnings per share for the current year.

In related news, CAO Abhishek Maheshwari sold 3,136 shares of the company’s stock in a transaction on Tuesday, September 21st. The shares were sold at an average price of $254.60, for a total transaction of $798,425.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Michael J. Carpenter sold 128,168 shares of the company’s stock in a transaction on Thursday, July 29th. The stock was sold at an average price of $262.94, for a total transaction of $33,700,493.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 311,305 shares of company stock valued at $80,963,153. 8.64% of the stock is owned by insiders.

A number of equities analysts recently weighed in on the company. Truist Securities increased their price target on CrowdStrike from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, June 30th. Summit Insights increased their price target on CrowdStrike from $275.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, August 31st. BTIG Research increased their price target on CrowdStrike from $302.00 to $313.00 and gave the company a “buy” rating in a research report on Wednesday, September 1st. Truist increased their price target on CrowdStrike from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, July 1st. Finally, The Goldman Sachs Group lowered CrowdStrike from a “buy” rating to a “neutral” rating and set a $305.00 price target for the company. in a research report on Monday, September 13th. Four research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $290.33.

CrowdStrike Profile

CrowdStrike Holdings, Inc is a holding company, which engages in the provision of cloud-delivered solution for next-generation endpoint protection that offers cloud modules on its Falcon platform through SaaS subscription-based model. It operates through Domestic and International geographical segments.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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