CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Howland Capital Management LLC

Howland Capital Management LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 25.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,772 shares of the company’s stock after acquiring an additional 555 shares during the quarter. Howland Capital Management LLC’s holdings in CrowdStrike were worth $889,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CRWD. Disciplined Equity Management Inc. acquired a new stake in shares of CrowdStrike during the first quarter worth $785,000. Signaturefd LLC boosted its stake in shares of CrowdStrike by 28.5% during the 1st quarter. Signaturefd LLC now owns 3,974 shares of the company’s stock worth $1,274,000 after acquiring an additional 882 shares in the last quarter. Clarity Capital Partners LLC lifted its position in shares of CrowdStrike by 64.3% during the 1st quarter. Clarity Capital Partners LLC now owns 5,192 shares of the company’s stock worth $1,665,000 after purchasing an additional 2,031 shares during the last quarter. Mediolanum International Funds Ltd acquired a new position in shares of CrowdStrike during the 1st quarter worth about $13,218,000. Finally, MRA Advisory Group acquired a new position in CrowdStrike in the 1st quarter valued at approximately $626,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 1.1 %

Shares of NASDAQ:CRWD traded down $4.02 during mid-day trading on Thursday, hitting $370.43. 3,121,880 shares of the company traded hands, compared to its average volume of 4,124,256. The stock has a market cap of $90.15 billion, a P/E ratio of 710.36, a P/E/G ratio of 19.69 and a beta of 1.10. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. CrowdStrike Holdings, Inc. has a 12-month low of $140.52 and a 12-month high of $398.33. The stock has a 50-day moving average price of $355.78 and a two-hundred day moving average price of $321.22.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, June 4th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.01). CrowdStrike had a net margin of 4.01% and a return on equity of 7.39%. The firm had revenue of $921.04 million during the quarter, compared to the consensus estimate of $904.82 million. On average, equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CRWD. BMO Capital Markets cut their price objective on CrowdStrike from $425.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, June 5th. Canaccord Genuity Group raised their target price on CrowdStrike from $400.00 to $405.00 and gave the stock a “buy” rating in a report on Wednesday, June 5th. Piper Sandler cut CrowdStrike from an “overweight” rating to a “neutral” rating and set a $400.00 price objective on the stock. in a report on Tuesday, July 2nd. BTIG Research cut their target price on CrowdStrike from $432.00 to $402.00 and set a “buy” rating on the stock in a research note on Wednesday, June 5th. Finally, DA Davidson lowered their price target on CrowdStrike from $425.00 to $380.00 and set a “buy” rating on the stock in a research report on Wednesday, June 5th. Two analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $382.35.

Insider Transactions at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,735 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $4,086,063.05. Following the completion of the sale, the president now owns 411,166 shares in the company, valued at approximately $156,502,114.58. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the transaction, the insider now directly owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 10,735 shares of CrowdStrike stock in a transaction on Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $4,086,063.05. Following the transaction, the president now owns 411,166 shares in the company, valued at $156,502,114.58. The disclosure for this sale can be found here. In the last three months, insiders sold 219,675 shares of company stock worth $76,681,402. 4.34% of the stock is currently 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.