Quadrant Capital Group LLC Buys 329 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Quadrant Capital Group LLC lifted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Rating) by 48.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,009 shares of the company’s stock after acquiring an additional 329 shares during the period. Quadrant Capital Group LLC’s holdings in CrowdStrike were worth $229,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Bank of New Hampshire bought a new stake in shares of CrowdStrike in the first quarter valued at about $30,000. Massmutual Trust Co. FSB ADV lifted its stake in shares of CrowdStrike by 159.6% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 135 shares of the company’s stock valued at $28,000 after buying an additional 83 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in shares of CrowdStrike by 440.0% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 135 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. MUFG Americas Holdings Corp bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $30,000. Finally, Riverview Trust Co acquired a new position in CrowdStrike in the first quarter worth about $40,000. Institutional investors own 63.02% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 71,528 shares of the firm’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $165.35, for a total value of $11,827,154.80. Following the transaction, the chief executive officer now directly owns 958,309 shares of the company’s stock, valued at $158,456,393.15. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other CrowdStrike news, CEO George Kurtz sold 71,528 shares of the firm’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $165.35, for a total value of $11,827,154.80. Following the transaction, the chief executive officer now directly owns 958,309 shares of the company’s stock, valued at $158,456,393.15. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 8,713 shares of the firm’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $165.03, for a total transaction of $1,437,906.39. Following the completion of the transaction, the insider now directly owns 185,584 shares in the company, valued at $30,626,927.52. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 91,679 shares of company stock valued at $15,154,848. 6.82% of the stock is currently owned by insiders.

Analyst Ratings Changes

CRWD has been the subject of several recent research reports. JMP Securities reissued a “buy” rating and issued a $275.00 price target on shares of CrowdStrike in a research report on Friday, June 3rd. Mizuho dropped their price target on shares of CrowdStrike from $270.00 to $220.00 and set a “buy” rating for the company in a research report on Wednesday, May 18th. DA Davidson dropped their price target on shares of CrowdStrike from $280.00 to $235.00 and set a “buy” rating for the company in a research report on Friday, June 3rd. Stifel Nicolaus dropped their price target on shares of CrowdStrike from $250.00 to $205.00 in a research report on Friday, June 3rd. Finally, BTIG Research dropped their price target on shares of CrowdStrike from $257.00 to $234.00 and set a “buy” rating for the company in a research report on Friday, June 3rd. Twenty-seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Buy” and an average price target of $251.38.

CrowdStrike Price Performance

CRWD opened at $191.17 on Friday. CrowdStrike Holdings, Inc. has a one year low of $130.00 and a one year high of $298.48. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.83 and a quick ratio of 1.83. The company’s 50 day simple moving average is $175.99 and its 200-day simple moving average is $183.55.

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

CrowdStrike Company Profile

(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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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