1,815 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by Brick & Kyle Associates

Brick & Kyle Associates bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,815 shares of the company’s stock, valued at approximately $695,000.

Several other institutional investors have also added to or reduced their stakes in CRWD. Arlington Financial Advisors LLC lifted its position in CrowdStrike by 1.5% during the second quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock valued at $778,000 after purchasing an additional 30 shares in the last quarter. Saturna Capital Corp lifted its position in shares of CrowdStrike by 2.7% during the 1st quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after buying an additional 33 shares in the last quarter. Means Investment CO. Inc. grew its stake in shares of CrowdStrike by 1.8% during the 2nd quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock valued at $741,000 after acquiring an additional 35 shares during the period. Shepherd Financial Partners LLC increased its holdings in CrowdStrike by 1.4% in the 4th quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock worth $645,000 after acquiring an additional 36 shares in the last quarter. Finally, Albion Financial Group UT raised its stake in CrowdStrike by 3.7% during the 1st quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock worth $351,000 after acquiring an additional 39 shares during the period. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Up 1.6 %

NASDAQ:CRWD opened at $285.86 on Friday. The stock has a fifty day simple moving average of $259.63 and a 200-day simple moving average of $311.17. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The company has a market cap of $69.57 billion, a price-to-earnings ratio of 539.36, a price-to-earnings-growth ratio of 19.60 and a beta of 1.09. CrowdStrike Holdings, Inc. has a twelve month low of $160.86 and a twelve month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the business posted $0.06 EPS. Analysts anticipate that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CRWD shares. The Goldman Sachs Group reduced their price objective on shares of CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a research note on Thursday, August 15th. Royal Bank of Canada cut their price target on CrowdStrike from $345.00 to $335.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. JMP Securities reissued a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a report on Tuesday. Scotiabank dropped their price objective on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 14th. Finally, Stifel Nicolaus cut their target price on CrowdStrike from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $326.50.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the sale, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the sale, the chief accounting officer now owns 38,962 shares in the company, valued at approximately $11,582,623.36. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 15,000 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the transaction, the director now owns 824,234 shares in the company, valued at $313,382,009.14. The disclosure for this sale can be found here. Insiders have sold a total of 111,962 shares of company stock valued at $34,477,948 over the last quarter. 4.34% of the stock is owned by corporate insiders.

CrowdStrike 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.