Newbridge Financial Services Group Inc. increased its stake in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 5.4% in the second quarter, Holdings Channel.com reports. The fund owned 27,298 shares of the company’s stock after purchasing an additional 1,408 shares during the period. CrowdStrike comprises about 2.3% of Newbridge Financial Services Group Inc.’s holdings, making the stock its 7th biggest position. Newbridge Financial Services Group Inc.’s holdings in CrowdStrike were worth $13,903,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Patron Partners LLC boosted its holdings in shares of CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after purchasing an additional 22 shares during the last quarter. Real Talk Capital LLC lifted its position in shares of CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares in the last quarter. Cladis Investment Advisory LLC boosted its stake in CrowdStrike by 1.5% during the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after buying an additional 25 shares during the last quarter. Eagle Wealth Strategies LLC grew its holdings in CrowdStrike by 4.1% during the 2nd quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock valued at $321,000 after buying an additional 25 shares in the last quarter. Finally, OLD National Bancorp IN increased its stake in CrowdStrike by 3.6% in the 2nd quarter. OLD National Bancorp IN now owns 728 shares of the company’s stock worth $371,000 after acquiring an additional 25 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.
CrowdStrike Price Performance
CrowdStrike stock opened at $504.78 on Friday. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $517.20 and a 200-day moving average price of $481.94. The firm has a market capitalization of $127.26 billion, a PE ratio of -400.62, a price-to-earnings-growth ratio of 122.18 and a beta of 1.09.
Analyst Ratings Changes
A number of research firms have recently commented on CRWD. HSBC increased their target price on CrowdStrike from $417.00 to $446.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Citigroup upped their price target on shares of CrowdStrike from $575.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. DZ Bank lowered shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a research report on Wednesday, September 24th. Barclays boosted their target price on shares of CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Finally, The Goldman Sachs Group upped their target price on shares of CrowdStrike from $535.00 to $564.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $554.65.
View Our Latest Stock Report on CRWD
Insider Activity
In other CrowdStrike news, Director Sameer K. Gandhi sold 1,879 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $527.51, for a total value of $991,191.29. Following the transaction, the director owned 763,027 shares of the company’s stock, valued at $402,504,372.77. This represents a 0.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Denis Oleary sold 7,750 shares of CrowdStrike stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the sale, the director owned 10,816 shares of the company’s stock, valued at $5,574,999.04. The trade was a 41.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 120,595 shares of company stock worth $61,294,989 in the last three months. Corporate insiders own 3.32% of the company’s stock.
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.
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