CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Fulton Bank N.A.

Fulton Bank N.A. increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 46.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,143 shares of the company’s stock after buying an additional 684 shares during the period. Fulton Bank N.A.’s holdings in CrowdStrike were worth $601,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of CRWD. Abich Financial Wealth Management LLC acquired a new position in CrowdStrike in the second quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC bought a new position in CrowdStrike during the 1st quarter worth $30,000. Family Firm Inc. acquired a new stake in CrowdStrike in the second quarter worth $30,000. Northwest Bank & Trust Co bought a new stake in CrowdStrike in the fourth quarter valued at $32,000. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of CrowdStrike during the first quarter valued at $32,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $293.01 on Wednesday. The company has a market capitalization of $71.31 billion, a PE ratio of 552.85, a PEG ratio of 19.60 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The company’s 50 day moving average price is $262.40 and its 200 day moving average price is $309.18. CrowdStrike Holdings, Inc. has a 52 week low of $170.17 and a 52 week high of $398.33.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. CrowdStrike’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.06 earnings per share. Research analysts expect that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CRWD shares. Raymond James cut their price objective on shares of CrowdStrike from $380.00 to $275.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. JMP Securities reiterated a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Tuesday, September 24th. BTIG Research cut CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Canaccord Genuity Group reiterated a “buy” rating and set a $330.00 price target on shares of CrowdStrike in a research report on Monday, September 30th. Finally, Scotiabank lowered their price target on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 14th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $325.44.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 55,325 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $296.62, for a total value of $16,410,501.50. Following the completion of the sale, the chief executive officer now directly owns 1,109,746 shares of the company’s stock, valued at $329,172,858.52. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 96,962 shares of company stock valued at $28,774,798 in the last three months. Corporate insiders own 4.34% of the company’s stock.

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.