Vanguard Capital Wealth Advisors Boosts Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Vanguard Capital Wealth Advisors grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.3% during the fourth quarter, Holdings Channel reports. The fund owned 1,300 shares of the company’s stock after purchasing an additional 100 shares during the period. Vanguard Capital Wealth Advisors’ holdings in CrowdStrike were worth $332,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CRWD. DAVENPORT & Co LLC boosted its position in shares of CrowdStrike by 42.6% in the 3rd quarter. DAVENPORT & Co LLC now owns 2,813 shares of the company’s stock worth $471,000 after purchasing an additional 841 shares in the last quarter. Brookstone Capital Management boosted its position in shares of CrowdStrike by 97.9% in the 3rd quarter. Brookstone Capital Management now owns 38,549 shares of the company’s stock worth $7,113,000 after purchasing an additional 19,072 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of CrowdStrike by 2.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 126,980 shares of the company’s stock worth $21,254,000 after purchasing an additional 3,581 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of CrowdStrike by 2.2% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 55,180 shares of the company’s stock worth $9,236,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Sheets Smith Wealth Management bought a new stake in shares of CrowdStrike in the 3rd quarter worth approximately $519,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the sale, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the sale, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the sale, the insider now directly owns 235,850 shares in the company, valued at $76,851,722.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 223,544 shares of company stock valued at $72,113,932. Corporate insiders own 5.68% of the company’s stock.

CrowdStrike Trading Down 3.8 %

Shares of NASDAQ CRWD traded down $11.50 during trading hours on Tuesday, reaching $292.54. The stock had a trading volume of 1,923,545 shares, compared to its average volume of 3,489,564. The business’s fifty day moving average price is $314.21 and its two-hundred day moving average price is $270.11. The firm has a market cap of $70.76 billion, a price-to-earnings ratio of 812.63, a P/E/G ratio of 12.16 and a beta of 1.05. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 52-week low of $115.67 and a 52-week high of $365.00.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Analysts expect that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Guggenheim boosted their price target on CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. KeyCorp dropped their price target on CrowdStrike from $430.00 to $376.00 and set an “overweight” rating on the stock in a research report on Thursday, April 18th. Citigroup upped their price objective on CrowdStrike from $320.00 to $425.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Scotiabank upped their price objective on CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 6th. Finally, Royal Bank of Canada upped their price objective on CrowdStrike from $357.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $371.87.

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.