Duality Advisers LP Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Duality Advisers LP acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,101 shares of the company’s stock, valued at approximately $1,813,000.

Other hedge funds also recently bought and sold shares of the company. CVA Family Office LLC purchased a new position in shares of CrowdStrike in the fourth quarter worth approximately $26,000. Silver Oak Securities Incorporated bought a new position in CrowdStrike in the third quarter worth approximately $27,000. Bear Mountain Capital Inc. purchased a new position in shares of CrowdStrike during the 4th quarter worth $27,000. Gradient Investments LLC grew its position in shares of CrowdStrike by 1,818.2% during the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the period. Finally, McGlone Suttner Wealth Management Inc. purchased a new stake in shares of CrowdStrike in the 4th quarter worth $36,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares in the company, valued at $11,773,108.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the transaction, the chief accounting officer now directly owns 36,136 shares in the company, valued at $11,773,108.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. Insiders have sold 223,544 shares of company stock valued at $72,113,932 in the last quarter. 5.68% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Truist Financial boosted their price target on CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Mizuho increased their target price on shares of CrowdStrike from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Jefferies Financial Group lifted their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Sanford C. Bernstein initiated coverage on shares of CrowdStrike in a research note on Thursday, January 18th. They issued an “outperform” rating and a $334.00 price objective for the company. Finally, Barclays lifted their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike Price Performance

CRWD stock opened at $289.15 on Tuesday. The stock has a market cap of $69.94 billion, a PE ratio of 803.22, a P/E/G ratio of 11.30 and a beta of 1.05. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The company has a 50-day moving average price of $317.08 and a 200 day moving average price of $265.99. 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 announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. The business had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

CrowdStrike Company 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.