CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is Pursue Wealth Partners LLC's 6th Largest Position

Pursue Wealth Partners LLC raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 13.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,139 shares of the company's stock after buying an additional 3,291 shares during the quarter. CrowdStrike accounts for 4.2% of Pursue Wealth Partners LLC's holdings, making the stock its 6th biggest holding. Pursue Wealth Partners LLC's holdings in CrowdStrike were worth $7,612,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes 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 position in CrowdStrike in the 3rd quarter valued at $28,000. Tsfg LLC lifted its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company's stock valued at $29,000 after acquiring an additional 89 shares during the period. Family Firm Inc. acquired a new stake in shares of CrowdStrike during the 2nd quarter worth $30,000. Finally, Castleview Partners LLC bought a new position in shares of CrowdStrike in the third quarter worth $32,000. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of the company'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 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 $11,582,623.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated Friday, October 11th. The shares were sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the completion of the sale, the director now directly owns 821,766 shares of the company's stock, valued at $263,277,391.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Anurag Saha sold 1,683 shares of the firm's stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction 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. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 103,212 shares of company stock valued at $30,529,413. Company insiders own 4.34% of the company's stock.

CrowdStrike Trading Up 2.1 %

Shares of CrowdStrike stock traded up $6.26 on Friday, reaching $303.13. 2,974,533 shares of the company's stock were exchanged, compared to its average volume of 5,107,555. The firm's 50-day moving average is $284.85 and its two-hundred day moving average is $307.77. The company has a market capitalization of $74.31 billion, a P/E ratio of 439.32, a price-to-earnings-growth ratio of 20.79 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 52 week low of $178.35 and a 52 week high of $398.33.

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

Wall Street Analyst Weigh In

CRWD has been the topic of a number of analyst reports. Piper Sandler reiterated an "overweight" rating and set a $290.00 price objective on shares of CrowdStrike in a research note on Thursday, September 19th. JMP Securities reissued a "market outperform" rating and issued a $400.00 price objective on shares of CrowdStrike in a research note on Tuesday, September 24th. Truist Financial restated a "buy" rating and set a $325.00 price objective on shares of CrowdStrike in a research report on Wednesday, August 28th. Jefferies Financial Group raised their target price on CrowdStrike from $315.00 to $345.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. Finally, HSBC upgraded CrowdStrike from a "hold" rating to a "buy" rating and upped their price objective for the stock from $302.00 to $339.00 in a research report on Friday, August 30th. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $328.74.

CrowdStrike Company 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.