CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Mason & Associates Inc

Mason & Associates Inc boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 5,094 shares of the company’s stock after purchasing an additional 207 shares during the period. Mason & Associates Inc’s holdings in CrowdStrike were worth $1,796,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. grew its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of CrowdStrike by 77.6% during the 1st quarter. Sound Income Strategies LLC now owns 87 shares of the company’s stock worth $31,000 after purchasing an additional 38 shares during the last quarter. Crowley Wealth Management Inc. purchased a new stake in shares of CrowdStrike during the 4th quarter worth $34,000. Millstone Evans Group LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth $34,000. Finally, ST Germain D J Co. Inc. lifted its position in shares of CrowdStrike by 426.3% during the 1st quarter. ST Germain D J Co. Inc. now owns 100 shares of the company’s stock worth $35,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, CFO Burt W. Podbere sold 13,529 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.10, for a total value of $4,844,734.90. Following the transaction, the chief financial officer now directly owns 244,739 shares of the company’s stock, valued at $87,641,035.90. This trade represents a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Anurag Saha sold 2,141 shares of CrowdStrike stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $371.79, for a total transaction of $796,002.39. Following the completion of the transaction, the chief accounting officer now directly owns 34,024 shares in the company, valued at approximately $12,649,782.96. This trade represents a 5.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 247,861 shares of company stock valued at $104,770,558 in the last quarter. Insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research reports. Stephens boosted their price target on shares of CrowdStrike from $450.00 to $540.00 and gave the company an “overweight” rating in a research report on Wednesday, June 4th. Raymond James reissued an “outperform” rating and issued a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Scotiabank boosted their price target on shares of CrowdStrike from $370.00 to $480.00 and gave the company a “sector perform” rating in a research report on Wednesday, June 4th. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Needham & Company LLC boosted their price target on shares of CrowdStrike from $420.00 to $530.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $453.17.

CrowdStrike Trading Down 0.2%

CrowdStrike stock opened at $480.62 on Monday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $491.20. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $119.13 billion, a price-to-earnings ratio of 942.41, a PEG ratio of 17.86 and a beta of 1.16. The firm has a 50-day moving average price of $428.81 and a two-hundred day moving average price of $392.53.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. CrowdStrike had a return on equity of 7.11% and a net margin of 3.39%. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period last year, the firm earned $0.93 EPS. The firm’s revenue was up 19.8% compared to the same quarter last year. Sell-side analysts expect that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current year.

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.