Virtu Financial LLC Acquires 3,631 Shares of Crowdstrike Holdings Inc (NASDAQ:CRWD)

Virtu Financial LLC lifted its holdings in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) by 90.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,627 shares of the company’s stock after purchasing an additional 3,631 shares during the period. Virtu Financial LLC’s holdings in Crowdstrike were worth $445,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CRWD. Commonwealth Equity Services LLC bought a new stake in shares of Crowdstrike during the second quarter worth about $412,000. Artemis Investment Management LLP bought a new stake in shares of Crowdstrike during the second quarter worth about $2,725,000. Ion Asset Management Ltd. bought a new stake in shares of Crowdstrike during the second quarter worth about $4,097,000. SG Americas Securities LLC bought a new stake in shares of Crowdstrike during the second quarter worth about $1,406,000. Finally, Granite Point Capital Management L.P. bought a new stake in shares of Crowdstrike during the second quarter worth about $205,000. 32.05% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on the stock. Piper Jaffray Companies boosted their target price on shares of Crowdstrike from $90.00 to $100.00 in a research report on Friday, September 6th. Citigroup assumed coverage on shares of Crowdstrike in a research report on Monday, October 14th. They issued a “sell” rating and a $43.00 price objective for the company. Macquarie upped their price objective on shares of Crowdstrike from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Friday, September 6th. SunTrust Banks raised shares of Crowdstrike from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Crowdstrike from $104.00 to $109.00 and gave the stock an “overweight” rating in a research report on Friday, September 6th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $79.42.

Crowdstrike stock opened at $55.01 on Tuesday. Crowdstrike Holdings Inc has a twelve month low of $44.58 and a twelve month high of $101.88. The company’s 50 day moving average is $51.95.

Crowdstrike (NASDAQ:CRWD) last released its earnings results on Thursday, September 5th. The company reported ($0.18) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.43) by $0.25. The company had revenue of $108.10 million for the quarter, compared to the consensus estimate of $103.79 million. Crowdstrike’s quarterly revenue was up 94.1% on a year-over-year basis. On average, sell-side analysts anticipate that Crowdstrike Holdings Inc will post -1.06 earnings per share for the current fiscal year.

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Institutional Ownership by Quarter for Crowdstrike (NASDAQ:CRWD)

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