CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is AtonRa Partners’ 2nd Largest Position

AtonRa Partners decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,987 shares of the company’s stock after selling 620 shares during the period. CrowdStrike accounts for 2.0% of AtonRa Partners’ holdings, making the stock its 2nd biggest position. AtonRa Partners’ holdings in CrowdStrike were worth $1,018,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tokio Marine Asset Management Co. Ltd. increased its stake in CrowdStrike by 2.6% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,583 shares of the company’s stock valued at $934,000 after buying an additional 141 shares during the last quarter. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of CrowdStrike during the 4th quarter worth approximately $1,228,000. Financial Counselors Inc. increased its stake in shares of CrowdStrike by 3.9% during the 4th quarter. Financial Counselors Inc. now owns 1,346 shares of the company’s stock worth $344,000 after purchasing an additional 50 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its stake in shares of CrowdStrike by 17.1% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 159,202 shares of the company’s stock worth $40,647,000 after purchasing an additional 23,265 shares during the last quarter. Finally, Highland Capital Management LLC increased its stake in shares of CrowdStrike by 0.6% during the 4th quarter. Highland Capital Management LLC now owns 32,455 shares of the company’s stock worth $8,286,000 after purchasing an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Down 0.0 %

Shares of NASDAQ CRWD traded down $0.03 during midday trading on Monday, reaching $304.04. The company had a trading volume of 1,898,057 shares, compared to its average volume of 3,508,660. The firm’s fifty day moving average price is $314.71 and its 200-day moving average price is $269.29. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a one year low of $115.67 and a one year high of $365.00. The stock has a market cap of $73.54 billion, a PE ratio of 844.58, a price-to-earnings-growth ratio of 12.16 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The firm had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. On average, equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Guggenheim raised their price target on shares of CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Wednesday, April 17th. UBS Group lifted their price objective on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. TD Cowen lifted their price objective on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. Finally, Oppenheimer lifted their price objective on shares of CrowdStrike from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.87.

Insider Activity

In other news, CEO George Kurtz sold 78,080 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the completion of the sale, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CFO Burt W. Podbere sold 64,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the completion of the transaction, the chief financial officer now owns 306,508 shares in the company, valued at $97,003,651.84. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the transaction, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is currently owned by company insiders.

About CrowdStrike

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.