XTX Topco Ltd Acquires 2,759 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

XTX Topco Ltd grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 31.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,524 shares of the company's stock after acquiring an additional 2,759 shares during the period. CrowdStrike accounts for 0.4% of XTX Topco Ltd's portfolio, making the stock its 14th largest holding. XTX Topco Ltd's holdings in CrowdStrike were worth $4,416,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in CrowdStrike by 2.0% in the first quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company's stock valued at $5,149,124,000 after buying an additional 315,280 shares during the period. First Trust Advisors LP raised its holdings in CrowdStrike by 19.3% during the 4th quarter. First Trust Advisors LP now owns 2,214,715 shares of the company's stock worth $565,461,000 after buying an additional 358,945 shares during the period. Pathstone Holdings LLC acquired a new stake in CrowdStrike during the 4th quarter worth approximately $450,418,000. Bank of New York Mellon Corp lifted its stake in 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 buying an additional 564,662 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in shares of CrowdStrike by 0.9% in the second quarter. Federated Hermes Inc. now owns 1,112,272 shares of the company's stock valued at $426,212,000 after buying an additional 9,564 shares during the period. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

NASDAQ CRWD traded up $15.67 during trading on Thursday, reaching $282.79. The company's stock had a trading volume of 2,951,139 shares, compared to its average volume of 5,288,271. CrowdStrike Holdings, Inc. has a 12 month low of $157.59 and a 12 month high of $398.33. The firm has a 50 day moving average price of $269.19 and a 200 day moving average price of $312.63. The firm has a market capitalization of $68.82 billion, a price-to-earnings ratio of 527.81, a price-to-earnings-growth ratio of 16.14 and a beta of 1.09. 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 (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million during 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%. The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.06 earnings per share. As a group, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several research reports. Raymond James cut their price objective on shares of CrowdStrike from $380.00 to $275.00 and set an "outperform" rating on the stock in a research report on Thursday, August 29th. FBN Securities raised CrowdStrike to a "strong-buy" rating in a research report on Wednesday, June 5th. KeyCorp dropped their target price on CrowdStrike from $440.00 to $420.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 17th. HSBC raised CrowdStrike from a "hold" rating to a "buy" rating and upped their price target for the stock from $302.00 to $339.00 in a research report on Friday, August 30th. Finally, Piper Sandler raised shares of CrowdStrike from a "neutral" rating to an "overweight" rating and cut their price objective for the stock from $310.00 to $290.00 in a research report on Tuesday, August 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-three have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $327.16.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the firm's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the transaction, the insider now directly owns 174,591 shares of the company's stock, valued at approximately $45,521,111.43. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Roxanne S. Austin sold 10,000 shares of the stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $390.01, for a total value of $3,900,100.00. Following the completion of the transaction, the director now directly owns 18,297 shares in the company, valued at approximately $7,136,012.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the firm's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the sale, the insider now directly owns 174,591 shares in the company, valued at approximately $45,521,111.43. 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 over the last quarter. 4.34% of the stock is owned by corporate insiders.

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.