Optimum Investment Advisors Invests $56,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Optimum Investment Advisors bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the third quarter, according to its most recent filing with the SEC. The firm bought 200 shares of the company’s stock, valued at approximately $56,000.

Other institutional investors have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new position in shares of CrowdStrike in the second quarter worth about $25,000. Tsfg LLC grew its holdings in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares during the last quarter. Trivant Custom Portfolio Group LLC bought a new position in CrowdStrike in the 1st quarter worth approximately $30,000. Family Firm Inc. bought a new stake in shares of CrowdStrike in the second quarter valued at approximately $30,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of CrowdStrike in the first quarter worth $32,000. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Evercore ISI cut their target price on shares of CrowdStrike from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, July 30th. JMP Securities reiterated a “market outperform” rating and issued a $400.00 target price on shares of CrowdStrike in a research note on Tuesday, September 24th. KeyCorp boosted their price target on CrowdStrike from $300.00 to $345.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. Needham & Company LLC assumed coverage on CrowdStrike in a research report on Monday, September 23rd. They issued a “buy” rating and a $360.00 price objective for the company. Finally, Barclays boosted their price objective on CrowdStrike from $285.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday, August 29th. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $328.74.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the sale, the insider now owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the sale, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 55,325 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $296.62, for a total transaction of $16,410,501.50. Following the completion of the transaction, the chief executive officer now owns 1,109,746 shares of the company’s stock, valued at $329,172,858.52. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 103,212 shares of company stock valued at $30,529,413 over the last three months. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 0.1 %

Shares of CrowdStrike stock opened at $310.15 on Friday. The business has a fifty day simple moving average of $276.25 and a 200 day simple moving average of $308.36. The stock has a market cap of $75.48 billion, a PE ratio of 585.19, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. CrowdStrike Holdings, Inc. has a 12 month low of $170.17 and a 12 month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The company had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. During the same period in the previous year, the company earned $0.06 EPS. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. Research analysts predict that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

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.