Parkside Financial Bank & Trust grew its position in CrowdStrike (NASDAQ:CRWD – Free Report) by 18.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 922 shares of the company’s stock after acquiring an additional 144 shares during the quarter. Parkside Financial Bank & Trust’s holdings in CrowdStrike were worth $470,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen LLC acquired a new stake in shares of CrowdStrike during the first quarter worth $595,766,000. Jennison Associates LLC grew its position in shares of CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after buying an additional 955,529 shares during the last quarter. Vanguard Group Inc. raised its stake in CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after acquiring an additional 908,554 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after acquiring an additional 760,222 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.
CrowdStrike Stock Up 1.4%
CrowdStrike stock opened at $539.81 on Friday. The stock has a market cap of $135.47 billion, a price-to-earnings ratio of -453.62, a PEG ratio of 126.85 and a beta of 1.16. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $486.81 and its two-hundred day moving average price is $467.21. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $555.81.
Insider Transactions at CrowdStrike
In other news, CEO George Kurtz sold 6,975 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total value of $3,835,482.75. Following the sale, the chief executive officer owned 2,108,082 shares of the company’s stock, valued at approximately $1,159,213,210.98. The trade was a 0.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Johanna Flower sold 2,347 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director owned 79,057 shares of the company’s stock, valued at approximately $38,815,405.86. This trade represents a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 116,622 shares of company stock valued at $58,561,456 over the last three months. 3.32% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
CRWD has been the subject of several recent research reports. KeyCorp upped their target price on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Oppenheimer increased their target price on CrowdStrike from $520.00 to $560.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Jefferies Financial Group raised their target price on CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Barclays lifted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $510.80.
Check Out Our Latest Report on CrowdStrike
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.
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