Roman Butler Fullerton & Co. Makes New $1.73 Million Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Roman Butler Fullerton & Co. acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, Holdings Channel.com reports. The firm acquired 6,763 shares of the company’s stock, valued at approximately $1,727,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in CrowdStrike by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock worth $2,463,451,000 after buying an additional 150,898 shares in the last quarter. BlackRock Inc. raised its stake in shares of CrowdStrike by 1.9% in the 1st quarter. BlackRock Inc. now owns 13,668,541 shares of the company’s stock valued at $1,876,144,000 after purchasing an additional 255,625 shares in the last quarter. Morgan Stanley raised its stake in shares of CrowdStrike by 124.4% in the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after purchasing an additional 2,757,251 shares in the last quarter. State Street Corp raised its stake in shares of CrowdStrike by 3.0% in the 1st quarter. State Street Corp now owns 4,322,377 shares of the company’s stock valued at $593,280,000 after purchasing an additional 127,620 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its stake in shares of CrowdStrike by 62.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,761,214 shares of the company’s stock valued at $396,019,000 after purchasing an additional 1,440,905 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

CRWD stock traded down $1.03 on Thursday, hitting $292.66. 417,346 shares of the company’s stock traded hands, compared to its average volume of 3,601,139. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The stock has a market cap of $70.79 billion, a price-to-earnings ratio of 815.83, a P/E/G ratio of 11.96 and a beta of 1.05. The stock has a fifty day moving average of $319.23 and a 200-day moving average of $262.69. 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 (NASDAQ:CRWD) last released its earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $839.08 million. On average, analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent analyst reports. HSBC upped their target price on shares of CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Morgan Stanley upped their target price on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a research note on Wednesday, March 13th. Wedbush increased their price objective on shares of CrowdStrike from $278.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 5th. Sanford C. Bernstein assumed coverage on shares of CrowdStrike in a research note on Thursday, January 18th. They set an “outperform” rating and a $334.00 price objective on the stock. Finally, Scotiabank increased their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.87.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at approximately $11,773,108.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $11,773,108.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 78,080 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the completion of the sale, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. In the last 90 days, insiders sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is owned by corporate insiders.

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.