Values First Advisors Inc. Has $930,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Values First Advisors Inc. lowered its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,426 shares of the company’s stock after selling 141 shares during the period. Values First Advisors Inc.’s holdings in CrowdStrike were worth $930,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CRWD. Hexagon Capital Partners LLC bought a new stake in CrowdStrike in the 4th quarter valued at about $26,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of CrowdStrike during the first quarter valued at approximately $30,000. Johnson Financial Group Inc. acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $31,000. Northwest Bank & Trust Co bought a new position in shares of CrowdStrike in the 4th quarter worth $32,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in CrowdStrike in the 1st quarter valued at $32,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Trading Up 0.8 %

Shares of NASDAQ:CRWD traded up $2.05 on Friday, reaching $262.54. 3,495,619 shares of the company traded hands, compared to its average volume of 5,425,888. CrowdStrike Holdings, Inc. has a 52 week low of $140.52 and a 52 week high of $398.33. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. The business’s 50-day simple moving average is $324.93 and its 200 day simple moving average is $321.10. The stock has a market capitalization of $63.89 billion, a P/E ratio of 495.36, a price-to-earnings-growth ratio of 11.79 and a beta of 1.10.

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 return on equity of 7.39% and a net margin of 4.01%. The firm had revenue of $921.04 million during the quarter, compared to the consensus estimate of $904.82 million. As a group, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.87 EPS for the current fiscal year.

Insider Activity

In other CrowdStrike news, Director Roxanne S. Austin sold 10,000 shares of the company’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $390.01, for a total value of $3,900,100.00. Following the completion of the transaction, the director now directly owns 18,297 shares in the company, valued at approximately $7,136,012.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Anurag Saha sold 1,662 shares of the company’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the sale, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Roxanne S. Austin sold 10,000 shares of the stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $390.01, for a total value of $3,900,100.00. Following the completion of the transaction, the director now owns 18,297 shares of the company’s stock, valued at approximately $7,136,012.97. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,643 shares of company stock valued at $50,749,324. Company insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CRWD. Evercore ISI lowered their price objective on CrowdStrike from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, July 30th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Tuesday, July 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Friday, June 21st. Truist Financial lowered their target price on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a report on Tuesday, July 23rd. Finally, DA Davidson cut their price target on shares of CrowdStrike from $380.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $338.08.

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.