Charles Lim Capital Ltd Acquires 149,405 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Charles Lim Capital Ltd increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,188,292 shares of the company’s stock after purchasing an additional 149,405 shares during the quarter. CrowdStrike makes up approximately 17.8% of Charles Lim Capital Ltd’s portfolio, making the stock its 3rd largest position. Charles Lim Capital Ltd owned about 0.54% of CrowdStrike worth $163,176,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CRWD. Weaver Consulting Group lifted its position in CrowdStrike by 80.0% in the 3rd quarter. Weaver Consulting Group now owns 180 shares of the company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. First Horizon Advisors Inc. boosted its position in CrowdStrike by 92.0% during the third quarter. First Horizon Advisors Inc. now owns 192 shares of the company’s stock valued at $26,000 after purchasing an additional 92 shares during the last quarter. Global Wealth Management Investment Advisory Inc. boosted its position in CrowdStrike by 70.0% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 255 shares of the company’s stock valued at $26,000 after purchasing an additional 105 shares during the last quarter. Freestone Capital Holdings LLC purchased a new position in CrowdStrike in the third quarter valued at about $35,000. Finally, Avondale Wealth Management acquired a new position in CrowdStrike in the 3rd quarter worth about $36,000. 62.22% of the stock is currently owned by hedge funds and other institutional investors.

In related news, CAO Abhishek Maheshwari sold 11,702 shares of the business’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $127.08, for a total transaction of $1,487,090.16. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Shawn Henry sold 1,600 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $127.03, for a total transaction of $203,248.00. The disclosure for this sale can be found here. Insiders sold a total of 997,768 shares of company stock worth $136,817,268 over the last three months. 11.32% of the stock is owned by company insiders.

Shares of NASDAQ CRWD traded down $2.72 during midday trading on Monday, reaching $148.11. The stock had a trading volume of 71,436 shares, compared to its average volume of 5,575,449. The company’s 50 day moving average price is $138.27 and its 200 day moving average price is $116.03. CrowdStrike Holdings, Inc. has a twelve month low of $31.95 and a twelve month high of $155.25. The firm has a market cap of $32.91 billion, a price-to-earnings ratio of -287.16 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, September 2nd. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04. The business had revenue of $198.97 million during the quarter, compared to the consensus estimate of $188.56 million. CrowdStrike had a negative net margin of 17.27% and a negative return on equity of 14.99%. CrowdStrike’s quarterly revenue was up 84.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.18) earnings per share. On average, equities research analysts expect that CrowdStrike Holdings, Inc. will post -0.51 earnings per share for the current year.

CRWD has been the subject of several recent research reports. Mizuho boosted their price target on CrowdStrike from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, October 16th. Robert W. Baird upgraded shares of CrowdStrike from a “neutral” rating to an “outperform” rating and raised their price target for the company from $150.00 to $155.00 in a report on Wednesday, November 11th. BTIG Research lifted their price objective on shares of CrowdStrike from $115.00 to $158.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Jefferies Financial Group lifted their price target on shares of CrowdStrike from $115.00 to $135.00 and gave the company a “hold” rating in a research report on Thursday, September 3rd. They noted that the move was a valuation call. Finally, Barclays lifted their price objective on CrowdStrike from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday. Seven analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. CrowdStrike has an average rating of “Buy” and a consensus target price of $137.67.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cloud-delivered solutions for next-generation endpoint protection in the United States, Australia, Germany, India, Romania, and the United Kingdom. It offers 11 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as endpoint security, security and IT operations, and threat intelligence to deliver comprehensive breach protection even against today's most sophisticated attacks.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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