Moody National Bank Trust Division Sells 2,962 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Moody National Bank Trust Division decreased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating) by 35.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,298 shares of the company’s stock after selling 2,962 shares during the quarter. Moody National Bank Trust Division’s holdings in CrowdStrike were worth $1,203,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Wealth Quarterback LLC lifted its position in CrowdStrike by 78.6% during the third quarter. Wealth Quarterback LLC now owns 125 shares of the company’s stock valued at $27,000 after purchasing an additional 55 shares during the last quarter. Psagot Value Holdings Ltd. Israel bought a new position in CrowdStrike during the fourth quarter valued at $27,000. Massmutual Trust Co. FSB ADV lifted its position in CrowdStrike by 159.6% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 135 shares of the company’s stock valued at $28,000 after purchasing an additional 83 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in CrowdStrike by 440.0% during the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 135 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the last quarter. Finally, MUFG Americas Holdings Corp bought a new position in CrowdStrike during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 63.02% of the company’s stock.

NASDAQ:CRWD opened at $165.71 on Thursday. CrowdStrike Holdings, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $298.48. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.83 and a current ratio of 1.83. The company’s 50-day simple moving average is $174.61 and its 200-day simple moving average is $187.11.

CrowdStrike (NASDAQ:CRWDGet Rating) last released its earnings results on Thursday, June 2nd. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.06. The company had revenue of $487.83 million during the quarter, compared to analysts’ expectations of $464.35 million. CrowdStrike had a negative net margin of 11.08% and a negative return on equity of 14.50%. CrowdStrike’s revenue for the quarter was up 61.1% on a year-over-year basis. During the same period last year, the business earned ($0.14) EPS. On average, sell-side analysts predict that CrowdStrike Holdings, Inc. will post -0.63 earnings per share for the current fiscal year.

Several equities analysts have commented on CRWD shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of CrowdStrike from $270.00 to $225.00 in a research report on Friday, June 3rd. JMP Securities reissued a “buy” rating and issued a $275.00 target price on shares of CrowdStrike in a research note on Friday, June 3rd. Canaccord Genuity Group increased their target price on shares of CrowdStrike from $225.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, March 10th. BTIG Research reduced their target price on shares of CrowdStrike from $257.00 to $234.00 and set a “buy” rating on the stock in a research note on Friday, June 3rd. Finally, Barclays increased their target price on shares of CrowdStrike from $182.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, June 3rd. Twenty-nine research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $251.38.

In other CrowdStrike news, insider Shawn Henry sold 20,839 shares of the firm’s stock in a transaction that occurred on Tuesday, April 19th. The shares were sold at an average price of $228.02, for a total transaction of $4,751,708.78. Following the completion of the transaction, the insider now directly owns 191,046 shares of the company’s stock, valued at approximately $43,562,308.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Burt W. Podbere sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 12th. The stock was sold at an average price of $235.09, for a total transaction of $2,350,900.00. Following the transaction, the chief financial officer now directly owns 321,215 shares of the company’s stock, valued at $75,514,434.35. The disclosure for this sale can be found here. Insiders sold a total of 50,839 shares of company stock valued at $11,540,409 over the last quarter. 6.82% of the stock is owned by company insiders.

About CrowdStrike (Get Rating)

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners.

Read More

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.