Independence Bank of Kentucky Has $673,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Independence Bank of Kentucky decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 5.4% in the 4th quarter, HoldingsChannel reports. The firm owned 2,634 shares of the company’s stock after selling 150 shares during the quarter. Independence Bank of Kentucky’s holdings in CrowdStrike were worth $673,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cigna Investments Inc. New lifted its position in CrowdStrike by 1.7% during the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after purchasing an additional 38 shares during the period. Quent Capital LLC lifted its holdings in shares of CrowdStrike by 48.5% in the fourth quarter. Quent Capital LLC now owns 147 shares of the company’s stock worth $38,000 after acquiring an additional 48 shares during the last quarter. Advisory Resource Group lifted its holdings in shares of CrowdStrike by 0.7% in the third quarter. Advisory Resource Group now owns 6,670 shares of the company’s stock worth $1,116,000 after acquiring an additional 49 shares during the last quarter. Modus Advisors LLC lifted its holdings in shares of CrowdStrike by 1.7% in the fourth quarter. Modus Advisors LLC now owns 2,950 shares of the company’s stock worth $753,000 after acquiring an additional 50 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA lifted its holdings in shares of CrowdStrike by 3.1% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 1,645 shares of the company’s stock worth $420,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.0 %

CRWD stock opened at $319.55 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $77.29 billion, a PE ratio of 887.66, a PEG ratio of 12.78 and a beta of 1.05. CrowdStrike Holdings, Inc. has a twelve month low of $115.67 and a twelve month high of $365.00. The stock has a 50-day simple moving average of $317.29 and a two-hundred day simple moving average of $252.12.

CrowdStrike (NASDAQ:CRWDGet Free Report) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS 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 company had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. On average, equities analysts predict that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Burt W. Podbere sold 64,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $316.48, for a total value of $20,254,720.00. Following the completion of the sale, the chief financial officer now owns 306,508 shares in the company, valued at approximately $97,003,651.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other CrowdStrike news, CFO Burt W. Podbere sold 64,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $316.48, for a total value of $20,254,720.00. Following the completion of the sale, the chief financial officer now owns 306,508 shares in the company, valued at $97,003,651.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 22,123 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $286.00, for a total value of $6,327,178.00. Following the completion of the sale, the president now owns 311,872 shares of the company’s stock, valued at approximately $89,195,392. The disclosure for this sale can be found here. Insiders sold 286,667 shares of company stock worth $89,475,050 in the last quarter. 5.68% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research reports. Raymond James initiated coverage on shares of CrowdStrike in a report on Tuesday, January 30th. They issued an “outperform” rating and a $330.00 target price for the company. DA Davidson raised 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. Jefferies Financial Group raised their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Wednesday, January 17th. Finally, TD Cowen raised their price objective on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $373.29.

Get Our Latest Stock Analysis on CrowdStrike

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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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