Representative Greg Landsman (D-Ohio) recently sold shares of CrowdStrike Holdings, Inc. NASDAQ: CRWD. In a filing disclosed on November 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in CrowdStrike stock on October 15th. The trade occurred in the Representative's "SARAH LANDSMAN TRADITIONAL IRA" account.
Representative Greg Landsman also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Pfizer NYSE: PFE on 10/15/2024.
- Sold $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 10/15/2024.
- Sold $15,001 - $50,000 in shares of Phillips 66 NYSE: PSX on 10/15/2024.
- Sold $15,001 - $50,000 in shares of Diamondback Energy NASDAQ: FANG on 10/15/2024.
- Sold $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 10/15/2024.
- Sold $1,001 - $15,000 in shares of Linde NASDAQ: LIN on 10/15/2024.
- Sold $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 10/15/2024.
- Sold $15,001 - $50,000 in shares of Exxon Mobil NYSE: XOM on 10/15/2024.
- Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/15/2024.
- Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 9/10/2024.
CrowdStrike Stock Down 2.2 %
CRWD stock traded down $7.61 during trading on Friday, reaching $336.75. 3,460,547 shares of the stock were exchanged, compared to its average volume of 5,024,086. The firm's 50 day moving average is $297.79 and its 200 day moving average is $310.13. The firm has a market cap of $82.55 billion, a P/E ratio of 488.04, a price-to-earnings-growth ratio of 23.52 and a beta of 1.10. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. CrowdStrike Holdings, Inc. has a twelve month low of $198.86 and a twelve month high of $398.33.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.07. The company had revenue of $963.87 million for the quarter, compared to analysts' expectations of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. CrowdStrike's quarterly revenue was up 31.7% compared to the same quarter last year. During the same period last year, the business earned $0.06 EPS. As a group, research analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.
Analysts Set New Price Targets
A number of research firms recently weighed in on CRWD. Guggenheim lowered shares of CrowdStrike from a "buy" rating to a "neutral" rating in a report on Monday, July 22nd. KeyCorp increased their price objective on CrowdStrike from $300.00 to $345.00 and gave the stock an "overweight" rating in a research note on Monday, September 23rd. HSBC raised CrowdStrike from a "hold" rating to a "buy" rating and increased their price target for the company from $302.00 to $339.00 in a research report on Friday, August 30th. Oppenheimer cut their price objective on shares of CrowdStrike from $450.00 to $365.00 and set an "outperform" rating on the stock in a report on Thursday, August 29th. Finally, DA Davidson reiterated a "buy" rating and issued a $310.00 target price on shares of CrowdStrike in a report on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average price target of $328.74.
Get Our Latest Stock Analysis on CrowdStrike
Institutional Investors Weigh In On CrowdStrike
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of CrowdStrike by 2.0% in the first quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company's stock worth $5,149,124,000 after buying an additional 315,280 shares in the last quarter. State Street Corp raised its holdings in shares of CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock valued at $2,701,144,000 after acquiring an additional 275,717 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of CrowdStrike by 25.0% in the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company's stock valued at $1,421,646,000 after acquiring an additional 1,013,161 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of CrowdStrike by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock valued at $1,367,505,000 after acquiring an additional 97,990 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of CrowdStrike by 3.0% during the second quarter. Legal & General Group Plc now owns 2,049,704 shares of the company's stock worth $785,425,000 after purchasing an additional 60,607 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CAO Anurag Saha sold 1,683 shares of the firm's stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the transaction, the chief accounting officer now directly owns 38,962 shares of the company's stock, valued at approximately $11,582,623.36. This trade represents a 4.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 10,776 shares of the business's stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the sale, the president now owns 400,390 shares of the company's stock, valued at $119,027,939.20. The trade was a 2.62 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 108,248 shares of company stock worth $32,465,110. Insiders own 4.34% of the company's stock.
About Representative Landsman
Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2025. Landsman is also a member of the Cincinnati City Council in Ohio. He assumed office on January 2, 2018. His current term ends on January 1, 2024. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2024 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.
About CrowdStrike
(
Get Free Report)
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.
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