86 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 86 shares of the company’s stock, valued at approximately $33,000.

Several other large investors also recently bought and sold shares of the stock. Pathstone Holdings LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $450,418,000. Vanguard Group Inc. boosted its holdings in shares of CrowdStrike by 7.0% in the fourth quarter. Vanguard Group Inc. now owns 15,746,120 shares of the company’s stock valued at $4,020,299,000 after acquiring an additional 1,028,405 shares during the period. Bank of New York Mellon Corp grew its position in shares of CrowdStrike by 47.5% during the second quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after acquiring an additional 564,662 shares during the last quarter. Acadian Asset Management LLC increased its holdings in shares of CrowdStrike by 619.0% in the 1st quarter. Acadian Asset Management LLC now owns 554,876 shares of the company’s stock valued at $177,865,000 after acquiring an additional 477,706 shares during the period. Finally, Frontier Capital Management Co. LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at $100,459,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 15,000 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $380.21, for a total value of $5,703,150.00. Following the completion of the transaction, the director now owns 824,234 shares of the company’s stock, valued at approximately $313,382,009.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the transaction, the insider now owns 174,591 shares of the company’s stock, valued at $45,521,111.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the sale, the director now owns 824,234 shares in the company, valued at approximately $313,382,009.14. The disclosure for this sale can be found here. Insiders have sold a total of 37,500 shares of company stock valued at $13,301,815 over the last quarter. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. TD Cowen decreased their price target on shares of CrowdStrike from $400.00 to $380.00 and set a “buy” rating for the company in a research note on Thursday, August 29th. Canaccord Genuity Group lowered their price target on CrowdStrike from $340.00 to $330.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on CrowdStrike from $350.00 to $275.00 and set a “hold” rating for the company in a research note on Monday, August 26th. Redburn Atlantic downgraded CrowdStrike from a “neutral” rating to a “sell” rating and lowered their target price for the company from $380.00 to $275.00 in a research note on Thursday, July 18th. Finally, FBN Securities upgraded CrowdStrike to a “strong-buy” rating in a research note on Wednesday, June 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $327.03.

CrowdStrike Stock Up 8.1 %

CRWD stock opened at $299.85 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The company’s 50 day simple moving average is $265.90 and its 200-day simple moving average is $312.27. CrowdStrike Holdings, Inc. has a 12 month low of $157.59 and a 12 month high of $398.33. The firm has a market capitalization of $72.97 billion, a PE ratio of 565.75, a P/E/G ratio of 16.14 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. CrowdStrike’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.06 EPS. Equities analysts expect that CrowdStrike Holdings, Inc. will post 0.56 earnings per share for the current fiscal 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.