Signaturefd LLC Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Signaturefd LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 16.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,092 shares of the company’s stock after purchasing an additional 434 shares during the quarter. Signaturefd LLC’s holdings in CrowdStrike were worth $789,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CRWD. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of CrowdStrike by 2.6% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,583 shares of the company’s stock worth $934,000 after purchasing an additional 141 shares in the last quarter. CHURCHILL MANAGEMENT Corp acquired a new stake in CrowdStrike in the fourth quarter valued at approximately $1,228,000. Financial Counselors Inc. increased its stake in CrowdStrike by 3.9% during the 4th quarter. Financial Counselors Inc. now owns 1,346 shares of the company’s stock worth $344,000 after buying an additional 50 shares during the period. Ferguson Wellman Capital Management Inc. lifted its stake in shares of CrowdStrike by 17.1% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 159,202 shares of the company’s stock worth $40,647,000 after acquiring an additional 23,265 shares in the last quarter. Finally, Highland Capital Management LLC raised its position in shares of CrowdStrike by 0.6% in the 4th quarter. Highland Capital Management LLC now owns 32,455 shares of the company’s stock valued at $8,286,000 after purchasing an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 2.3 %

CRWD stock opened at $289.15 on Tuesday. The firm has a market cap of $69.94 billion, a PE ratio of 803.22, a P/E/G ratio of 11.30 and a beta of 1.05. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month 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 firm has a 50 day simple moving average of $317.08 and a 200 day simple moving average of $265.99.

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

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a filing with the SEC, which is available through this link. In other CrowdStrike news, 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 transaction, the insider now directly owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO George Kurtz sold 78,080 shares of the stock in a transaction 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 completion of the sale, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. Insiders sold 223,544 shares of company stock worth $72,113,932 in the last quarter. 5.68% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. UBS Group raised their price objective on shares of CrowdStrike from $385.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Susquehanna increased their target price on CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a report on Thursday, March 7th. Morgan Stanley boosted their price target on CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 price objective on shares of CrowdStrike in a research note on Wednesday, April 17th. Finally, Stifel Nicolaus boosted their target price on shares of CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $371.87.

CrowdStrike Company 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.