CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Owen LaRue LLC

Owen LaRue LLC boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,259 shares of the company’s stock after acquiring an additional 174 shares during the period. CrowdStrike accounts for 2.7% of Owen LaRue LLC’s investment portfolio, making the stock its 10th biggest holding. Owen LaRue LLC’s holdings in CrowdStrike were worth $2,875,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CRWD. Vanguard Group Inc. raised its position in shares of CrowdStrike by 1.0% during the third quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock valued at $2,463,451,000 after buying an additional 150,898 shares during the last quarter. Jennison Associates LLC raised its position in shares of CrowdStrike by 33.2% during the fourth quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock valued at $1,618,938,000 after buying an additional 1,581,796 shares during the last quarter. Morgan Stanley raised its position in shares of CrowdStrike by 124.4% during the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after buying an additional 2,757,251 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of CrowdStrike by 17.9% during the third quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock valued at $463,482,000 after buying an additional 419,619 shares during the last quarter. Finally, FMR LLC raised its position in shares of CrowdStrike by 8.6% during the third quarter. FMR LLC now owns 1,864,511 shares of the company’s stock valued at $312,082,000 after buying an additional 147,757 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CRWD traded down $0.24 during trading hours on Wednesday, reaching $292.30. The company’s stock had a trading volume of 605,916 shares, compared to its average volume of 3,454,485. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00. The company’s 50-day moving average is $313.58 and its 200-day moving average is $270.86. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a market cap of $70.70 billion, a PE ratio of 811.77, a price-to-earnings-growth ratio of 12.16 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The firm had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. On average, equities analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CRWD shares. The Goldman Sachs Group increased their price target on shares of CrowdStrike from $222.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Wednesday, January 17th. Susquehanna increased their price objective on CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a research note on Thursday, March 7th. Jefferies Financial Group lifted their price objective on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Finally, Needham & Company LLC lifted their price objective on CrowdStrike from $325.00 to $350.00 and gave the company a “buy” rating in a report on Monday, March 4th. One investment analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

Insider Activity

In related news, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were 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 $375,176,771.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were 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 $375,176,771.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the transaction, the insider now directly owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is owned by company insiders.

About CrowdStrike

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.