International Private Wealth Advisors LLC Invests $237,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

International Private Wealth Advisors LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 672 shares of the company’s stock, valued at approximately $237,000.

Other institutional investors have also modified their holdings of the company. FPC Investment Advisory Inc. lifted its position in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after buying an additional 73 shares during the last quarter. Crowley Wealth Management Inc. acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $34,000. Millstone Evans Group LLC acquired a new position in CrowdStrike during the 4th quarter worth $34,000. ST Germain D J Co. Inc. lifted its holdings in CrowdStrike by 426.3% in the first quarter. ST Germain D J Co. Inc. now owns 100 shares of the company’s stock worth $35,000 after purchasing an additional 81 shares during the period. Finally, Bellwether Advisors LLC acquired a new stake in shares of CrowdStrike in the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Stifel Nicolaus upped their target price on CrowdStrike from $480.00 to $495.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Bank of America restated a “neutral” rating and set a $470.00 price objective (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Oppenheimer increased their target price on CrowdStrike from $410.00 to $520.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. Finally, Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a research note on Monday, May 5th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $450.43.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $468.41 on Monday. The firm’s 50-day moving average is $415.18 and its 200-day moving average is $388.50. The company has a market cap of $116.11 billion, a price-to-earnings ratio of 918.47, a PEG ratio of 17.86 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $491.20.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The business’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 earnings per share. Equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now owns 89,714 shares of the company’s stock, valued at approximately $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the sale, the director now owns 768,092 shares in the company, valued at $248,984,702.72. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 211,681 shares of company stock valued at $87,081,236. Corporate insiders own 3.32% of the company’s stock.

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.