Dorsey & Whitney Trust CO LLC Acquires 198 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Dorsey & Whitney Trust CO LLC increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating) by 10.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,114 shares of the company’s stock after buying an additional 198 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in CrowdStrike were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of the stock. Zullo Investment Group Inc. boosted its position in shares of CrowdStrike by 1.9% in the second quarter. Zullo Investment Group Inc. now owns 2,990 shares of the company’s stock valued at $504,000 after acquiring an additional 55 shares during the period. Sound Income Strategies LLC boosted its holdings in CrowdStrike by 42.9% during the 2nd quarter. Sound Income Strategies LLC now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 60 shares during the period. Nwam LLC grew its stake in shares of CrowdStrike by 2.2% in the second quarter. Nwam LLC now owns 2,802 shares of the company’s stock worth $523,000 after purchasing an additional 60 shares during the last quarter. Clearstead Advisors LLC increased its position in CrowdStrike by 23.9% during the 1st quarter. Clearstead Advisors LLC now owns 327 shares of the company’s stock valued at $74,000 after purchasing an additional 63 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its stake in shares of CrowdStrike by 6.2% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 1,082 shares of the company’s stock valued at $182,000 after purchasing an additional 63 shares during the period. 67.43% of the stock is owned by institutional investors.

CrowdStrike Trading Up 3.7 %

Shares of NASDAQ:CRWD opened at $140.89 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.80 and a current ratio of 1.80. CrowdStrike Holdings, Inc. has a 1 year low of $120.50 and a 1 year high of $242.00. The business has a fifty day moving average price of $155.81 and a two-hundred day moving average price of $168.39.

CrowdStrike (NASDAQ:CRWDGet Rating) last released its quarterly earnings data on Tuesday, August 30th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.02). CrowdStrike had a negative return on equity of 12.96% and a negative net margin of 9.45%. The business had revenue of $535.15 million during the quarter, compared to analysts’ expectations of $516.44 million. During the same quarter last year, the business posted ($0.21) EPS. The company’s quarterly revenue was up 58.5% compared to the same quarter last year. Sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post -0.76 EPS for the current year.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 72,566 shares of the firm’s stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $172.90, for a total value of $12,546,661.40. Following the transaction, the chief executive officer now owns 943,947 shares of the company’s stock, valued at approximately $163,208,436.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Godfrey Sullivan sold 10,000 shares of the stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $175.01, for a total transaction of $1,750,100.00. Following the completion of the sale, the director now directly owns 170,000 shares in the company, valued at $29,751,700. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO George Kurtz sold 72,566 shares of the firm’s stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $172.90, for a total value of $12,546,661.40. Following the completion of the transaction, the chief executive officer now directly owns 943,947 shares in the company, valued at $163,208,436.30. The disclosure for this sale can be found here. Insiders sold a total of 106,011 shares of company stock valued at $18,360,689 over the last quarter. 6.82% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on CRWD. Piper Sandler increased their price objective on CrowdStrike from $230.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday, August 31st. Cowen restated a “buy” rating and set a $220.00 target price on shares of CrowdStrike in a research report on Wednesday, September 21st. Cowen reiterated a “buy” rating and set a $220.00 price target on shares of CrowdStrike in a report on Wednesday, September 21st. Citigroup lifted their price target on shares of CrowdStrike to $245.00 in a research note on Tuesday, September 6th. Finally, MKM Partners decreased their price target on shares of CrowdStrike from $240.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and thirty-five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $234.94.

CrowdStrike Company Profile

(Get Rating)

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners.

See Also

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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