CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Raised by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,628 shares of the company’s stock after acquiring an additional 376 shares during the period. Aptus Capital Advisors LLC’s holdings in CrowdStrike were worth $1,018,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Arlington Financial Advisors LLC grew its position in CrowdStrike by 1.5% in the 2nd quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock worth $778,000 after purchasing an additional 30 shares during the last quarter. Saturna Capital Corp increased its position in CrowdStrike by 2.7% in the 1st quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after acquiring an additional 33 shares during the period. Sunpointe LLC increased its position in CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after acquiring an additional 34 shares during the period. Means Investment CO. Inc. boosted its position in CrowdStrike by 1.8% during the 2nd quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock worth $741,000 after acquiring an additional 35 shares during the period. Finally, Interchange Capital Partners LLC grew its stake in shares of CrowdStrike by 1.1% in the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock worth $1,036,000 after purchasing an additional 39 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CRWD shares. HSBC raised shares of CrowdStrike from a “hold” rating to a “buy” rating and upped their price objective for the stock from $302.00 to $339.00 in a report on Friday, August 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 price objective on shares of CrowdStrike in a research note on Thursday, September 19th. Rosenblatt Securities restated a “buy” rating and issued a $325.00 target price on shares of CrowdStrike in a research report on Thursday, September 19th. BNP Paribas started coverage on CrowdStrike in a research report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price target on the stock. Finally, BMO Capital Markets upped their price objective on CrowdStrike from $290.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $328.74.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the sale, the insider now owns 174,591 shares of the company’s stock, valued at $45,521,111.43. This represents a 2.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at approximately $11,582,623.36. This represents a 4.14 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,248 shares of company stock worth $31,103,350. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Price Performance

Shares of CRWD opened at $344.36 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $84.41 billion, a PE ratio of 499.07, a PEG ratio of 23.22 and a beta of 1.10. CrowdStrike Holdings, Inc. has a twelve month low of $198.86 and a twelve month high of $398.33. The firm’s 50 day moving average price is $294.23 and its 200 day moving average price is $309.66.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. CrowdStrike’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.06 EPS. As a group, research analysts expect that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current fiscal 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.