CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Amalgamated Bank

Amalgamated Bank raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,794 shares of the company’s stock after acquiring an additional 170 shares during the period. Amalgamated Bank’s holdings in CrowdStrike were worth $6,075,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. CVA Family Office LLC purchased a new position in CrowdStrike during the fourth quarter worth approximately $26,000. Hexagon Capital Partners LLC acquired a new position in shares of CrowdStrike during the 4th quarter valued at about $26,000. Silver Oak Securities Incorporated purchased a new stake in shares of CrowdStrike in the third quarter valued at about $27,000. Bear Mountain Capital Inc. acquired a new stake in CrowdStrike during the fourth quarter worth about $27,000. Finally, Gradient Investments LLC raised its stake in CrowdStrike by 1,818.2% during the third quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Truist Financial increased their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Canaccord Genuity Group raised their target price on CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Stifel Nicolaus upped their price target on CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Cantor Fitzgerald reiterated an “overweight” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Wednesday, April 17th. Finally, Macquarie reiterated an “outperform” rating and set a $370.00 price target on shares of CrowdStrike in a research note on Tuesday, March 19th. One analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $371.87.

Insider Buying and Selling

In related news, insider Shawn Henry sold 14,815 shares of CrowdStrike stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the transaction, the insider now directly owns 235,850 shares of the company’s stock, valued at $76,851,722.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total value of $25,514,982.40. Following the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 14,815 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the sale, the insider now owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The disclosure for this sale can be found here. Insiders have sold a total of 223,544 shares of company stock worth $72,113,932 in the last quarter. Company insiders own 5.68% of the company’s stock.

CrowdStrike Trading Up 2.2 %

NASDAQ:CRWD opened at $310.21 on Monday. CrowdStrike Holdings, Inc. has a 1 year low of $117.45 and a 1 year high of $365.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. The stock has a fifty day moving average price of $313.47 and a two-hundred day moving average price of $273.30. The stock has a market capitalization of $75.03 billion, a price-to-earnings ratio of 861.72, a PEG ratio of 12.41 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million during 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%. As a group, sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 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.