CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Anchor Investment Management LLC

Anchor Investment Management LLC grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 130.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 230 shares of the company’s stock after acquiring an additional 130 shares during the quarter. Anchor Investment Management LLC’s holdings in CrowdStrike were worth $88,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CRWD. Abich Financial Wealth Management LLC purchased a new position in shares of CrowdStrike in the 2nd quarter valued at $25,000. Family Firm Inc. purchased a new position in CrowdStrike in the second quarter valued at about $30,000. Itau Unibanco Holding S.A. acquired a new position in shares of CrowdStrike during the second quarter worth about $33,000. Unique Wealth Strategies LLC purchased a new stake in shares of CrowdStrike in the second quarter worth about $36,000. Finally, Trivant Custom Portfolio Group LLC acquired a new stake in shares of CrowdStrike in the first quarter valued at about $30,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Oppenheimer reduced their price target on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. Guggenheim cut shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of CrowdStrike from $350.00 to $275.00 and set a “hold” rating for the company in a report on Monday, August 26th. KeyCorp boosted their price objective on shares of CrowdStrike from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Monday, September 23rd. Finally, The Goldman Sachs Group lowered their target price on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a research note on Thursday, August 15th. One research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $326.50.

CrowdStrike Stock Performance

Shares of CRWD opened at $292.24 on Friday. The firm has a fifty day moving average of $261.84 and a 200-day moving average of $309.68. The company has a market cap of $71.12 billion, a price-to-earnings ratio of 551.40, a price-to-earnings-growth ratio of 19.60 and a beta of 1.09. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. CrowdStrike Holdings, Inc. has a 1 year low of $160.92 and a 1 year high of $398.33.

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

Insider Transactions at CrowdStrike

In related news, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the sale, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other CrowdStrike news, CFO Burt W. Podbere sold 11,178 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.47, for a total transaction of $3,325,119.66. Following the sale, the chief financial officer now directly owns 286,472 shares in the company, valued at approximately $85,216,825.84. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction that occurred 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. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 96,962 shares of company stock worth $28,774,798. Company insiders own 4.34% of the company’s stock.

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.