First Washington CORP Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

First Washington CORP grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 106.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,352 shares of the company's stock after buying an additional 4,827 shares during the period. First Washington CORP's holdings in CrowdStrike were worth $3,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CRWD. Pathstone Holdings LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at $450,418,000. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 7.0% in the fourth quarter. Vanguard Group Inc. now owns 15,746,120 shares of the company's stock valued at $4,020,299,000 after purchasing an additional 1,028,405 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of CrowdStrike by 47.5% in the second quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company's stock valued at $671,828,000 after purchasing an additional 564,662 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of CrowdStrike by 619.0% in the first quarter. Acadian Asset Management LLC now owns 554,876 shares of the company's stock valued at $177,865,000 after purchasing an additional 477,706 shares in the last quarter. Finally, Frontier Capital Management Co. LLC purchased a new position in CrowdStrike during the fourth quarter worth $100,459,000. Institutional investors own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the completion of the transaction, the insider now directly owns 179,091 shares of the company's stock, valued at approximately $46,563,660. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the company's stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the sale, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider now owns 179,091 shares of the company's stock, valued at $46,563,660. The disclosure for this sale can be found here. Insiders sold a total of 130,219 shares of company stock valued at $48,306,394 in the last three months. 4.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on CRWD shares. Susquehanna dropped their price objective on shares of CrowdStrike from $410.00 to $310.00 and set a "positive" rating for the company in a research note on Thursday, September 5th. Canaccord Genuity Group dropped their price objective on shares of CrowdStrike from $340.00 to $330.00 and set a "buy" rating for the company in a research note on Thursday, August 29th. Argus dropped their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a "buy" rating for the company in a research note on Friday, August 30th. Deutsche Bank Aktiengesellschaft decreased their target price on CrowdStrike from $350.00 to $275.00 and set a "hold" rating for the company in a research report on Monday, August 26th. Finally, Evercore ISI decreased their target price on CrowdStrike from $350.00 to $325.00 and set an "outperform" rating for the company in a research report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $327.16.

CrowdStrike Stock Performance

CrowdStrike stock traded down $1.60 during mid-day trading on Wednesday, hitting $267.12. The company had a trading volume of 3,174,199 shares, compared to its average volume of 5,301,224. 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 12-month low of $157.59 and a 12-month high of $398.33. The company's fifty day moving average is $269.19 and its 200-day moving average is $312.63. The company has a market capitalization of $65.01 billion, a price-to-earnings ratio of 504.00, a P/E/G ratio of 16.14 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The business's quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.06 EPS. Equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.56 EPS for the current 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.