Circle Wealth Management LLC Sells 10,277 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Circle Wealth Management LLC trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 43.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,171 shares of the company’s stock after selling 10,277 shares during the period. Circle Wealth Management LLC’s holdings in CrowdStrike were worth $3,694,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CRWD. Arlington Financial Advisors LLC raised its position in shares of CrowdStrike by 1.5% in the second quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock worth $778,000 after buying an additional 30 shares in the last quarter. Sunpointe LLC increased its stake in CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after acquiring an additional 34 shares during the last quarter. Means Investment CO. Inc. raised its holdings in shares of CrowdStrike by 1.8% in the 2nd quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock valued at $741,000 after acquiring an additional 35 shares in the last quarter. Interchange Capital Partners LLC boosted its position in shares of CrowdStrike by 1.1% during the 3rd quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock valued at $1,036,000 after acquiring an additional 39 shares during the last quarter. Finally, JFS Wealth Advisors LLC grew its holdings in shares of CrowdStrike by 9.1% during the third quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock worth $134,000 after purchasing an additional 40 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. KeyCorp upped their price objective on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Piper Sandler upped their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and issued a $330.00 price objective on shares of CrowdStrike in a report on Monday, September 30th. Oppenheimer increased their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Jefferies Financial Group lifted their price target on CrowdStrike from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $355.80.

Get Our Latest Report on CrowdStrike

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the sale, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the sale, the director now owns 816,730 shares in the company, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 108,248 shares of company stock valued at $32,465,110. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 0.5 %

CrowdStrike stock opened at $345.97 on Friday. The business has a 50-day simple moving average of $315.80 and a two-hundred day simple moving average of $313.20. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The company has a quick ratio of 1.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $84.81 billion, a P/E ratio of 678.39, a P/E/G ratio of 25.16 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWDGet Free Report) last announced its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The firm’s revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.06 earnings per share. Analysts predict that CrowdStrike Holdings, Inc. will post 0.49 EPS for the current year.

CrowdStrike Profile

(Free Report)

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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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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