CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Silicon Valley Capital Partners

Silicon Valley Capital Partners grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 171.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 792 shares of the company’s stock after buying an additional 500 shares during the quarter. Silicon Valley Capital Partners’ holdings in CrowdStrike were worth $222,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC purchased a new stake in CrowdStrike in the 2nd quarter valued at $25,000. Family Firm Inc. acquired a new position in shares of CrowdStrike during the 2nd quarter valued at about $30,000. Itau Unibanco Holding S.A. purchased a new stake in shares of CrowdStrike in the second quarter valued at about $33,000. Unique Wealth Strategies LLC acquired a new stake in CrowdStrike during the second quarter worth about $36,000. Finally, Hobbs Group Advisors LLC purchased a new position in CrowdStrike during the second quarter worth about $38,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CRWD has been the subject of a number of recent analyst reports. Guggenheim downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. The Goldman Sachs Group reduced their target price on CrowdStrike from $400.00 to $295.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. JMP Securities reiterated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a report on Tuesday, September 24th. Evercore ISI decreased their target price on shares of CrowdStrike from $350.00 to $325.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 30th. Finally, DA Davidson reiterated a “buy” rating and set a $310.00 price target on shares of CrowdStrike in a research report on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $328.74.

CrowdStrike Stock Performance

Shares of CRWD opened at $300.00 on Monday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. CrowdStrike Holdings, Inc. has a 52-week low of $183.60 and a 52-week high of $398.33. The stock has a 50 day moving average price of $284.85 and a 200 day moving average price of $307.93. The company has a market capitalization of $73.54 billion, a price-to-earnings ratio of 439.32, a price-to-earnings-growth ratio of 20.07 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating 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 firm had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. During the same period last year, the firm posted $0.06 EPS. The company’s revenue was up 31.7% on a year-over-year basis. Research analysts predict that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total value of $1,237,520.00. Following the completion of the sale, the insider now owns 124,298 shares in the company, valued at $38,455,315.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the completion of the sale, the insider now directly owns 124,298 shares of the company’s stock, valued at $38,455,315.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $320.38, for a total value of $2,002,375.00. Following the completion of the transaction, the director now owns 821,766 shares in the company, valued at $263,277,391.08. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 103,212 shares of company stock worth $30,529,413 in the last quarter. 4.34% of the stock is owned by insiders.

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.