CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Bank of New Hampshire

Bank of New Hampshire lowered its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 79.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 851 shares of the company’s stock after selling 3,260 shares during the quarter. Bank of New Hampshire’s holdings in CrowdStrike were worth $300,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. raised its stake in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $34,000. Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $34,000. ST Germain D J Co. Inc. raised its stake in shares of CrowdStrike by 426.3% in the 1st quarter. ST Germain D J Co. Inc. now owns 100 shares of the company’s stock valued at $35,000 after purchasing an additional 81 shares in the last quarter. Finally, Bellwether Advisors LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRWD. Canaccord Genuity Group restated a “hold” rating and issued a $475.00 target price (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Stifel Nicolaus upped their target price on shares of CrowdStrike from $480.00 to $495.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. DA Davidson boosted their price objective on shares of CrowdStrike from $415.00 to $530.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Finally, Morgan Stanley boosted their price objective on shares of CrowdStrike from $455.00 to $490.00 and gave the company an “overweight” rating in a research report on Wednesday, June 4th. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $450.43.

CrowdStrike Stock Up 1.2%

CRWD stock opened at $468.41 on Monday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $491.20. The firm has a market cap of $116.11 billion, a PE ratio of 918.47, a P/E/G ratio of 17.86 and a beta of 1.16. The firm has a 50 day simple moving average of $415.18 and a 200 day simple moving average of $388.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The business’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.93 earnings per share. Equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the sale, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. This represents a 3.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the completion of the transaction, the insider now owns 89,714 shares in the company, valued at approximately $31,669,042. This represents a 4.78% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 211,681 shares of company stock worth $87,081,236. 3.32% of the stock is owned by corporate insiders.

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.