JFS Wealth Advisors LLC Has $134,000 Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
by Teresa Graham · The Cerbat GemJFS Wealth Advisors LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 9.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 478 shares of the company’s stock after buying an additional 40 shares during the period. JFS Wealth Advisors LLC’s holdings in CrowdStrike were worth $134,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. First Trust Direct Indexing L.P. boosted its holdings in CrowdStrike by 10.4% in the 1st quarter. First Trust Direct Indexing L.P. now owns 3,182 shares of the company’s stock valued at $1,020,000 after purchasing an additional 300 shares during the period. Van ECK Associates Corp boosted its holdings in CrowdStrike by 350.8% in the 1st quarter. Van ECK Associates Corp now owns 12,087 shares of the company’s stock valued at $3,875,000 after purchasing an additional 9,406 shares during the period. Norden Group LLC bought a new stake in CrowdStrike in the 1st quarter valued at about $310,000. Private Advisor Group LLC boosted its holdings in CrowdStrike by 25.7% in the 1st quarter. Private Advisor Group LLC now owns 28,583 shares of the company’s stock valued at $9,163,000 after purchasing an additional 5,851 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in CrowdStrike by 11.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,169 shares of the company’s stock valued at $1,657,000 after purchasing an additional 519 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.
Insider Buying and Selling
In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. 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 a total of 103,212 shares of company stock valued at $30,529,413 over the last ninety days. 4.34% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on CRWD shares. Truist Financial reissued a “buy” rating and issued a $325.00 price objective on shares of CrowdStrike in a report on Wednesday, August 28th. Stifel Nicolaus cut their price target on shares of CrowdStrike from $400.00 to $300.00 and set a “buy” rating for the company in a report on Friday, August 9th. UBS Group cut their price target on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a report on Thursday, August 29th. JPMorgan Chase & Co. cut their price target on shares of CrowdStrike from $400.00 to $330.00 and set an “overweight” rating for the company in a report on Monday, July 29th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $328.74.
View Our Latest Analysis on CRWD
CrowdStrike Trading Up 2.1 %
CRWD opened at $303.13 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $178.35 and a twelve month high of $398.33. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $284.85 and a 200-day moving average of $307.77. The stock has a market cap of $74.31 billion, a PE ratio of 439.32, a price-to-earnings-growth ratio of 20.79 and a beta of 1.10.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. The company had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. CrowdStrike’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.06 earnings per share. On average, sell-side analysts predict that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.
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.
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