Schroder Investment Management Group Purchases 121,966 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Schroder Investment Management Group increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Rating) by 31.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 509,424 shares of the company’s stock after purchasing an additional 121,966 shares during the period. Schroder Investment Management Group owned approximately 0.22% of CrowdStrike worth $53,637,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of CRWD. Fairfield Bush & CO. bought a new position in shares of CrowdStrike in the first quarter worth $654,000. MetLife Investment Management LLC acquired a new stake in CrowdStrike in the first quarter valued at about $2,930,000. Yousif Capital Management LLC boosted its stake in CrowdStrike by 4.3% in the first quarter. Yousif Capital Management LLC now owns 2,934 shares of the company’s stock valued at $666,000 after buying an additional 120 shares in the last quarter. Raymond James Trust N.A. boosted its stake in shares of CrowdStrike by 37.3% during the first quarter. Raymond James Trust N.A. now owns 2,830 shares of the company’s stock valued at $643,000 after purchasing an additional 769 shares in the last quarter. Finally, Synovus Financial Corp raised its position in shares of CrowdStrike by 14.4% during the first quarter. Synovus Financial Corp now owns 2,930 shares of the company’s stock worth $658,000 after acquiring an additional 369 shares during the last quarter. Institutional investors own 65.05% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 10,462 shares of the business’s stock in a transaction dated Tuesday, March 21st. The stock was sold at an average price of $131.85, for a total transaction of $1,379,414.70. Following the completion of the sale, the insider now owns 198,972 shares of the company’s stock, valued at $26,234,458.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Shawn Henry sold 10,462 shares of the company’s stock in a transaction dated Tuesday, March 21st. The stock was sold at an average price of $131.85, for a total value of $1,379,414.70. Following the completion of the transaction, the insider now owns 198,972 shares of the company’s stock, valued at $26,234,458.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, President Michael Sentonas sold 7,926 shares of the business’s stock in a transaction dated Tuesday, March 21st. The stock was sold at an average price of $131.85, for a total value of $1,045,043.10. Following the completion of the sale, the president now owns 217,083 shares in the company, valued at $28,622,393.55. The disclosure for this sale can be found here. Over the last quarter, insiders sold 94,568 shares of company stock valued at $12,663,171. Company insiders own 5.68% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on CrowdStrike from $137.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, March 8th. Westpark Capital upgraded CrowdStrike from a “hold” rating to a “buy” rating in a report on Wednesday, March 8th. Stephens boosted their price objective on CrowdStrike from $161.00 to $173.00 and gave the company an “overweight” rating in a report on Wednesday, March 8th. Evercore ISI decreased their price objective on CrowdStrike from $200.00 to $190.00 and set an “outperform” rating for the company in a report on Wednesday, March 8th. Finally, Morgan Stanley boosted their price objective on CrowdStrike from $150.00 to $163.00 and gave the company an “overweight” rating in a report on Tuesday, March 14th. Five investment analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $172.32.

CrowdStrike Trading Up 0.6 %

Shares of CRWD stock traded up $0.92 during mid-day trading on Friday, hitting $150.53. The company’s stock had a trading volume of 312,318 shares, compared to its average volume of 4,590,813. CrowdStrike Holdings, Inc. has a 52-week low of $92.25 and a 52-week high of $205.73. The business has a 50-day moving average price of $132.17 and a 200 day moving average price of $121.84. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.50.

CrowdStrike (NASDAQ:CRWD – Get Rating) last posted its quarterly earnings results on Tuesday, March 7th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.01). CrowdStrike had a negative return on equity of 12.20% and a negative net margin of 8.18%. The business had revenue of $637.37 million during the quarter, compared to analysts’ expectations of $624.68 million. As a group, equities research analysts forecast that CrowdStrike Holdings, Inc. will post -0.22 EPS for the current fiscal year.

About CrowdStrike

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CrowdStrike Holdings, Inc provides cybersecurity products and services to stop breaches. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management.