Lindbrook Capital LLC Has $198,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Lindbrook Capital LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 777 shares of the company’s stock after purchasing an additional 78 shares during the period. Lindbrook Capital LLC’s holdings in CrowdStrike were worth $198,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley boosted its holdings in shares of CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after buying an additional 2,757,251 shares during the period. International Assets Investment Management LLC boosted its stake in CrowdStrike by 22,542.6% in the 4th quarter. International Assets Investment Management LLC now owns 734,300 shares of the company’s stock worth $187,481,000 after purchasing an additional 731,057 shares during the period. Invesco Ltd. increased its holdings in CrowdStrike by 52.3% during the 3rd quarter. Invesco Ltd. now owns 1,249,776 shares of the company’s stock worth $209,188,000 after purchasing an additional 429,186 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of CrowdStrike by 17.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock valued at $463,482,000 after purchasing an additional 419,619 shares during the period. Finally, Federated Hermes Inc. lifted its holdings in shares of CrowdStrike by 66.0% in the third quarter. Federated Hermes Inc. now owns 875,774 shares of the company’s stock valued at $146,589,000 after purchasing an additional 348,265 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CRWD shares. JMP Securities increased their price objective on CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a report on Wednesday, March 6th. Scotiabank raised their price target on shares of CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 6th. Rosenblatt Securities reissued a “buy” rating and issued a $400.00 price objective on shares of CrowdStrike in a research report on Monday, April 8th. Royal Bank of Canada raised their target price on shares of CrowdStrike from $357.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Finally, Guggenheim boosted their price target on shares of CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.87.

CrowdStrike Trading Up 2.3 %

Shares of NASDAQ:CRWD opened at $289.15 on Tuesday. The business’s 50 day simple moving average is $317.08 and its 200 day simple moving average is $265.99. CrowdStrike Holdings, Inc. has a 1 year low of $115.67 and a 1 year high of $365.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market capitalization of $69.94 billion, a P/E ratio of 803.22, a P/E/G ratio of 11.30 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. The company had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. On average, research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now directly owns 208,961 shares in the company, valued at $64,525,067.19. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares in the company, valued at $64,525,067.19. The disclosure for this sale can be found here. In the last ninety days, insiders sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is currently owned by corporate 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.