CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Lowered by Ulland Investment Advisors LLC

Ulland Investment Advisors LLC lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 995 shares of the company’s stock after selling 181 shares during the quarter. Ulland Investment Advisors LLC’s holdings in CrowdStrike were worth $279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CRWD. Abich Financial Wealth Management LLC purchased a new position in shares of CrowdStrike in the second quarter worth approximately $25,000. Trivant Custom Portfolio Group LLC purchased a new stake in shares of CrowdStrike in the first quarter valued at $30,000. Family Firm Inc. acquired a new stake in shares of CrowdStrike in the second quarter worth $30,000. Future Financial Wealth Managment LLC purchased a new position in shares of CrowdStrike during the first quarter valued at $32,000. Finally, MCF Advisors LLC acquired a new position in CrowdStrike during the first quarter valued at $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Jefferies Financial Group lifted their target price on CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Raymond James lowered their price objective on shares of CrowdStrike from $380.00 to $275.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. Morgan Stanley reiterated an “overweight” rating and issued a $325.00 target price on shares of CrowdStrike in a research report on Monday, September 9th. BTIG Research cut shares of CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. Finally, Guggenheim lowered CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $325.44.

CrowdStrike Stock Performance

Shares of CRWD traded down $4.02 on Tuesday, reaching $306.50. 1,630,376 shares of the stock traded hands, compared to its average volume of 5,224,461. The stock’s 50-day moving average price is $270.55 and its 200-day moving average price is $308.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $74.59 billion, a price-to-earnings ratio of 573.53, a P/E/G ratio of 19.94 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12 month low of $170.17 and a 12 month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping 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 company had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. During the same period last year, the firm earned $0.06 EPS. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. Equities analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. 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 news, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now owns 38,962 shares in the company, valued at approximately $11,582,623.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00. Following the sale, the insider now owns 174,591 shares in the company, valued at approximately $45,521,111.43. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 92,962 shares of company stock valued at $27,289,518. 4.34% of the stock is currently owned by company 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.