CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by ESG Planning DBA Harper Investing

ESG Planning DBA Harper Investing increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 167.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,970 shares of the company’s stock after acquiring an additional 1,858 shares during the quarter. CrowdStrike makes up about 1.1% of ESG Planning DBA Harper Investing’s holdings, making the stock its 24th biggest position. ESG Planning DBA Harper Investing’s holdings in CrowdStrike were worth $1,138,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Burney Co. acquired a new position in shares of CrowdStrike during the 1st quarter worth $1,342,000. Los Angeles Capital Management LLC grew its stake in shares of CrowdStrike by 5,210.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 124,590 shares of the company’s stock worth $31,810,000 after purchasing an additional 122,244 shares during the period. BNP Paribas acquired a new position in shares of CrowdStrike during the 1st quarter worth $2,685,000. Swedbank AB acquired a new position in shares of CrowdStrike during the 1st quarter worth $73,972,000. Finally, Coldstream Capital Management Inc. acquired a new position in shares of CrowdStrike during the 4th quarter worth $508,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CRWD has been the topic of several recent research reports. HSBC upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $302.00 to $339.00 in a research report on Friday. Cantor Fitzgerald decreased their price objective on shares of CrowdStrike from $400.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday. JMP Securities reiterated a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a research report on Tuesday, May 14th. DA Davidson boosted their price objective on shares of CrowdStrike from $290.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Royal Bank of Canada reduced their target price on shares of CrowdStrike from $345.00 to $335.00 and set an “outperform” rating on the stock in a report on Thursday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-four have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $326.15.

CrowdStrike Stock Performance

CRWD traded up $5.61 during trading hours on Friday, hitting $277.28. 6,616,984 shares of the stock were exchanged, compared to its average volume of 5,438,020. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a market cap of $67.48 billion, a price-to-earnings ratio of 523.17, a price-to-earnings-growth ratio of 11.79 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12 month low of $145.38 and a 12 month high of $398.33. The stock has a 50-day simple moving average of $301.88 and a 200-day simple moving average of $318.20.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. The firm’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period last year, the business posted $0.06 earnings per share. Analysts anticipate that CrowdStrike Holdings, Inc. will post 0.87 earnings per share for the current year.

Insider Activity

In other news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $382.93, for a total transaction of $1,723,185.00. Following the transaction, the insider now directly owns 200,672 shares of the company’s stock, valued at $76,843,328.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Sameer K. Gandhi sold 15,000 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the transaction, the director now directly owns 824,234 shares of the company’s stock, valued at $313,382,009.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $382.93, for a total value of $1,723,185.00. Following the transaction, the insider now directly owns 200,672 shares in the company, valued at $76,843,328.96. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 130,219 shares of company stock valued at $48,856,294. Company insiders own 4.34% of the company’s stock.

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.