CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Curi RMB Capital LLC

Curi RMB Capital LLC lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 13.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,788 shares of the company's stock after buying an additional 4,297 shares during the period. Curi RMB Capital LLC's holdings in CrowdStrike were worth $10,318,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in shares of CrowdStrike in the second quarter valued at approximately $25,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter worth $28,000. Tsfg LLC increased its position in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after purchasing an additional 89 shares during the period. Family Firm Inc. acquired a new position in CrowdStrike in the second quarter valued at about $30,000. Finally, Castleview Partners LLC bought a new stake in CrowdStrike during the third quarter worth about $32,000. Institutional investors own 71.16% of the company's stock.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Piper Sandler reissued an "overweight" rating and set a $290.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. The Goldman Sachs Group reduced their price target on shares of CrowdStrike from $400.00 to $295.00 and set a "buy" rating on the stock in a research note on Thursday, August 15th. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research report on Thursday, October 17th. Scotiabank reduced their price objective on CrowdStrike from $300.00 to $265.00 and set a "sector perform" rating on the stock in a research report on Wednesday, August 14th. Finally, Argus cut their price target on CrowdStrike from $400.00 to $325.00 and set a "buy" rating on the stock in a research note on Friday, August 30th. One equities research 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 company's stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $328.74.

Insider Activity

In other news, CAO Anurag Saha sold 1,683 shares of the firm'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 $500,322.24. Following the completion of the sale, the chief accounting officer now directly owns 38,962 shares of the company's stock, valued at $11,582,623.36. This trade represents a 4.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the transaction, the insider now owns 174,591 shares of the company's stock, valued at $45,521,111.43. The trade was a 2.51 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,248 shares of company stock worth $31,103,350. Corporate insiders own 4.34% of the company's stock.

CrowdStrike Trading Down 2.2 %

Shares of CRWD stock traded down $7.61 during trading hours on Friday, hitting $336.75. The company had a trading volume of 3,457,968 shares, compared to its average volume of 5,024,086. The stock has a market capitalization of $82.55 billion, a PE ratio of 487.16, a price-to-earnings-growth ratio of 23.52 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. CrowdStrike Holdings, Inc. has a fifty-two week low of $198.86 and a fifty-two week high of $398.33. The company's fifty day moving average is $295.99 and its 200 day moving average is $309.90.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.97 by $0.07. The company had revenue of $963.87 million during the quarter, compared to analysts' expectations of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm's revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.06 EPS. Research analysts expect that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current fiscal year.

CrowdStrike 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.