Lee Johnson Capital Management LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,435 shares of the company's stock, valued at approximately $3,768,000. CrowdStrike makes up 1.9% of Lee Johnson Capital Management LLC's holdings, making the stock its 17th biggest position.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in CrowdStrike by 2.0% during the first quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company's stock worth $5,149,124,000 after purchasing an additional 315,280 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of CrowdStrike by 3.0% in the 2nd quarter. Legal & General Group Plc now owns 2,049,704 shares of the company's stock valued at $785,425,000 after acquiring an additional 60,607 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of CrowdStrike by 4.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company's stock valued at $696,471,000 after acquiring an additional 77,100 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of CrowdStrike by 47.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company's stock valued at $671,828,000 after acquiring an additional 564,662 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of CrowdStrike by 0.9% in the 2nd quarter. Federated Hermes Inc. now owns 1,112,272 shares of the company's stock valued at $426,212,000 after acquiring an additional 9,564 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the transaction, the insider now directly owns 124,298 shares of the company's stock, valued at $38,455,315.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00. Following the transaction, the insider now directly owns 124,298 shares of the company's stock, valued at approximately $38,455,315.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,683 shares of the firm's stock in a transaction 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 transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at approximately $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 103,212 shares of company stock valued at $30,529,413 in the last ninety days. 4.34% of the stock is currently owned by company insiders.
CrowdStrike Stock Performance
Shares of NASDAQ CRWD traded down $0.19 during midday trading on Friday, hitting $310.15. 2,897,118 shares of the stock traded hands, compared to its average volume of 5,201,307. The firm has a 50-day moving average of $276.25 and a two-hundred day moving average of $308.28. The firm has a market capitalization of $75.48 billion, a P/E ratio of 585.19, a PEG ratio of 19.94 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. CrowdStrike Holdings, Inc. has a one year low of $170.17 and a one year high of $398.33.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.07. The firm 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%. The company's revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 EPS. On average, equities analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group lowered their target price on CrowdStrike from $400.00 to $295.00 and set a "buy" rating for the company in a research note on Thursday, August 15th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $330.00 price target on shares of CrowdStrike in a research report on Monday, September 30th. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research report on Thursday, September 19th. Morgan Stanley reaffirmed an "overweight" rating and set a $325.00 price target on shares of CrowdStrike in a research report on Monday, September 9th. Finally, HSBC raised CrowdStrike from a "hold" rating to a "buy" rating and upped their price target for the company from $302.00 to $339.00 in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $328.74.
Check Out Our Latest Research Report on CrowdStrike
About CrowdStrike
(
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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