Bokf Na Has $6.09 Million Position in CrowdStrike $CRWD

Bokf Na lessened its holdings in CrowdStrike (NASDAQ:CRWDFree Report) by 9.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,415 shares of the company’s stock after selling 1,342 shares during the quarter. Bokf Na’s holdings in CrowdStrike were worth $6,088,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CRWD. Asset Planning Inc bought a new stake in CrowdStrike in the third quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in CrowdStrike during the third quarter worth about $25,000. Howard Hughes Medical Institute acquired a new stake in CrowdStrike during the second quarter valued at approximately $27,000. Pinnacle Bancorp Inc. acquired a new stake in CrowdStrike during the third quarter valued at approximately $27,000. Finally, Financial Gravity Companies Inc. bought a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on CRWD shares. BTIG Research dropped their target price on CrowdStrike from $640.00 to $499.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Oppenheimer lowered their price target on CrowdStrike from $580.00 to $500.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Argus dropped their price objective on CrowdStrike from $600.00 to $520.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Mizuho cut their price objective on CrowdStrike from $540.00 to $490.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Finally, Morgan Stanley upgraded shares of CrowdStrike from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $487.00 to $510.00 in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $506.26.

Check Out Our Latest Report on CrowdStrike

CrowdStrike Price Performance

CrowdStrike stock opened at $441.54 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. The firm has a market cap of $111.31 billion, a P/E ratio of -596.67, a P/E/G ratio of 22.42 and a beta of 1.06. The business’s fifty day moving average is $428.86 and its two-hundred day moving average is $469.15. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90.

CrowdStrike (NASDAQ:CRWDGet Free Report) last announced its earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the company posted $1.03 earnings per share. The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. Equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

More CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

Insider Activity

In other news, CEO George Kurtz sold 28,853 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $413.01, for a total transaction of $11,916,577.53. Following the sale, the chief executive officer directly owned 2,054,902 shares of the company’s stock, valued at $848,695,075.02. This represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Anurag Saha sold 836 shares of the stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $476.83, for a total transaction of $398,629.88. Following the sale, the chief accounting officer directly owned 43,726 shares in the company, valued at $20,849,868.58. This trade represents a 1.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 90,024 shares of company stock worth $40,424,241. 3.32% of the stock is currently owned by insiders.

CrowdStrike Profile

(Free Report)

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.

Read More

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.