OneAscent Financial Services LLC decreased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 28.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,784 shares of the company’s stock after selling 698 shares during the period. OneAscent Financial Services LLC’s holdings in CrowdStrike were worth $378,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in CRWD. Prudential Financial Inc. acquired a new stake in CrowdStrike in the 2nd quarter valued at about $297,000. American International Group Inc. purchased a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $271,000. Bank of Montreal Can grew its stake in shares of CrowdStrike by 28.6% in the 2nd quarter. Bank of Montreal Can now owns 11,066 shares of the company’s stock valued at $1,299,000 after buying an additional 2,462 shares during the period. FMR LLC grew its stake in shares of CrowdStrike by 6.4% in the 2nd quarter. FMR LLC now owns 1,307,235 shares of the company’s stock valued at $131,102,000 after buying an additional 78,251 shares during the period. Finally, Baird Financial Group Inc. grew its stake in shares of CrowdStrike by 30.6% in the 2nd quarter. Baird Financial Group Inc. now owns 12,133 shares of the company’s stock valued at $789,000 after buying an additional 2,845 shares during the period. Institutional investors own 60.00% of the company’s stock.
In other news, insider Michael J. Carpenter sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, November 19th. The shares were sold at an average price of $143.28, for a total value of $14,328,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Burt W. Podbere sold 320,000 shares of the business’s stock in a transaction that occurred on Monday, January 4th. The shares were sold at an average price of $201.48, for a total transaction of $64,473,600.00. The disclosure for this sale can be found here. In the last three months, insiders sold 1,123,119 shares of company stock valued at $202,534,978. Company insiders own 11.32% of the company’s stock.
Shares of CRWD opened at $226.42 on Thursday. CrowdStrike Holdings, Inc. has a twelve month low of $31.95 and a twelve month high of $238.54. The firm’s fifty day simple moving average is $192.72 and its 200-day simple moving average is $141.08. The firm has a market capitalization of $50.10 billion, a price-to-earnings ratio of -471.70 and a beta of 1.32.
CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, December 2nd. The company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.23. The business had revenue of $232.50 million for the quarter, compared to analyst estimates of $214.36 million. CrowdStrike had a negative net margin of 13.40% and a negative return on equity of 12.79%. The company’s revenue was up 85.9% on a year-over-year basis. During the same period last year, the business earned ($0.07) EPS. Equities research analysts expect that CrowdStrike Holdings, Inc. will post -0.37 EPS for the current year.
CRWD has been the subject of several analyst reports. Zacks Investment Research cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $221.00 price target for the company. in a research note on Tuesday, December 22nd. DA Davidson increased their price target on shares of CrowdStrike from $160.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, December 3rd. The Goldman Sachs Group increased their price target on shares of CrowdStrike from $186.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, January 8th. BidaskClub raised shares of CrowdStrike from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, December 23rd. Finally, Needham & Company LLC increased their price objective on shares of CrowdStrike from $170.00 to $190.00 and gave the stock a “buy” rating in a research report on Monday, November 30th. Five research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $182.96.
CrowdStrike Holdings, Inc provides cloud-delivered solutions for next-generation endpoint protection in the United States, Australia, Germany, India, Romania, and the United Kingdom. It offers 11 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as endpoint security, security and IT operations, and threat intelligence to deliver comprehensive breach protection even against today's most sophisticated attacks.
See Also: Gap Down Stocks
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.