CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Lifted by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,729 shares of the company’s stock after buying an additional 200 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in CrowdStrike were worth $2,995,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Coppell Advisory Solutions Corp. bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $25,000. CVA Family Office LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $26,000. Silver Oak Securities Incorporated bought a new position in shares of CrowdStrike in the third quarter valued at approximately $27,000. Bear Mountain Capital Inc. bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $27,000. Finally, Gradient Investments LLC boosted its holdings in shares of CrowdStrike by 1,818.2% in the third quarter. Gradient Investments LLC now owns 211 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the transaction, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the transaction, the insider now directly owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the completion of the transaction, the chief executive officer now owns 1,148,102 shares in the company, valued at $375,176,771.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 3.9 %

CrowdStrike stock opened at $282.64 on Friday. The company has a market capitalization of $68.36 billion, a P/E ratio of 785.11, a P/E/G ratio of 11.76 and a beta of 1.05. The firm’s fifty day simple moving average is $317.72 and its 200-day simple moving average is $264.41. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. TD Cowen raised their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Rosenblatt Securities restated a “buy” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, April 8th. JMP Securities raised their target price on shares of CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a report on Wednesday, March 6th. Citigroup raised their target price on shares of CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. Finally, HSBC upped their price target on shares of CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $371.87.

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.