CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Advisor OS LLC

Advisor OS LLC decreased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,421 shares of the company’s stock after selling 48 shares during the period. Advisor OS LLC’s holdings in CrowdStrike were worth $545,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CRWD. Family Firm Inc. acquired a new stake in shares of CrowdStrike during the 2nd quarter worth approximately $30,000. Unique Wealth Strategies LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter worth approximately $36,000. Trivant Custom Portfolio Group LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $30,000. Hobbs Group Advisors LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter worth approximately $38,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the sale, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Anurag Saha sold 1,662 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the transaction, the chief accounting officer now owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Burt W. Podbere sold 11,154 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $379.81, for a total transaction of $4,236,400.74. Following the transaction, the chief financial officer now directly owns 297,650 shares of the company’s stock, valued at approximately $113,050,446.50. The disclosure for this sale can be found here. Insiders have sold 130,219 shares of company stock valued at $48,856,294 over the last quarter. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 3.9 %

CRWD stock opened at $246.39 on Friday. The company has a market cap of $59.96 billion, a P/E ratio of 464.89, a P/E/G ratio of 13.44 and a beta of 1.09. CrowdStrike Holdings, Inc. has a 52 week low of $157.59 and a 52 week high of $398.33. The company’s 50-day moving average price is $289.69 and its 200 day moving average price is $315.77. The company has a current ratio of 1.90, a quick ratio of 1.80 and a debt-to-equity ratio of 0.26.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $0.06 earnings per share. The firm’s revenue was up 31.7% on a year-over-year basis. On average, research analysts expect that CrowdStrike Holdings, Inc. will post 0.81 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CRWD shares. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Tuesday, May 14th. Redburn Atlantic cut shares of CrowdStrike from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $380.00 to $275.00 in a research report on Thursday, July 18th. Susquehanna decreased their price target on shares of CrowdStrike from $410.00 to $310.00 and set a “positive” rating for the company in a research report on Thursday. HSBC raised shares of CrowdStrike from a “hold” rating to a “buy” rating and raised their price target for the company from $302.00 to $339.00 in a research report on Friday, August 30th. Finally, Citigroup decreased their price target on shares of CrowdStrike from $345.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, August 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $327.16.

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.