CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Lifted by AAFMAA Wealth Management & Trust LLC

AAFMAA Wealth Management & Trust LLC boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 252.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,850 shares of the company’s stock after acquiring an additional 2,042 shares during the quarter. AAFMAA Wealth Management & Trust LLC’s holdings in CrowdStrike were worth $1,005,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CRWD. FSA Wealth Management LLC boosted its stake in shares of CrowdStrike by 11.2% during the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company’s stock worth $78,000 after acquiring an additional 23 shares in the last quarter. Jacobi Capital Management LLC lifted its holdings in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after purchasing an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in shares of CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock valued at $675,000 after purchasing an additional 27 shares during the period. Wintrust Investments LLC boosted its holdings in shares of CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after buying an additional 29 shares during the period. Finally, Greenwich Wealth Management LLC grew its position in CrowdStrike by 4.0% during the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock worth $265,000 after purchasing an additional 30 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CRWD shares. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Evercore ISI reiterated an “in-line” rating and issued a $440.00 price objective (down previously from $450.00) on shares of CrowdStrike in a research note on Wednesday. BMO Capital Markets increased their price objective on CrowdStrike from $405.00 to $500.00 and gave the stock an “outperform” rating in a report on Wednesday. Roth Capital lifted their price objective on CrowdStrike from $410.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Bank of America reaffirmed a “neutral” rating and issued a $470.00 target price (up from $420.00) on shares of CrowdStrike in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $450.43.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $484.59, for a total transaction of $3,028,687.50. Following the sale, the director now owns 755,592 shares of the company’s stock, valued at approximately $366,152,327.28. This trade represents a 0.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the transaction, the insider now owns 89,714 shares of the company’s stock, valued at $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 211,681 shares of company stock valued at $87,081,236 in the last quarter. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 1.2%

Shares of CRWD stock opened at $468.41 on Friday. The firm has a market capitalization of $116.11 billion, a P/E ratio of 918.47, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $491.20. The firm’s fifty day simple moving average is $415.18 and its 200 day simple moving average is $388.02. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The business’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.93 EPS. As a group, sell-side analysts predict that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current year.

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.