SJS Investment Consulting Inc. Buys 265 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

SJS Investment Consulting Inc. grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1,152.2% in the first quarter, Holdings Channel reports. The firm owned 288 shares of the company’s stock after purchasing an additional 265 shares during the period. SJS Investment Consulting Inc.’s holdings in CrowdStrike were worth $102,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in CrowdStrike during the fourth quarter worth about $1,111,542,000. GAMMA Investing LLC boosted its position in shares of CrowdStrike by 50,536.2% during the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock valued at $383,132,000 after acquiring an additional 1,084,506 shares during the last quarter. Pathstone Holdings LLC grew its holdings in shares of CrowdStrike by 379.0% during the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company’s stock worth $440,116,000 after purchasing an additional 1,017,678 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of CrowdStrike in the fourth quarter worth approximately $237,375,000. Finally, Voya Investment Management LLC increased its position in shares of CrowdStrike by 43.5% in the fourth quarter. Voya Investment Management LLC now owns 1,920,901 shares of the company’s stock worth $657,106,000 after purchasing an additional 582,471 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 55,556 shares of CrowdStrike stock in a transaction on Monday, May 5th. The stock was sold at an average price of $447.54, for a total value of $24,863,532.24. Following the completion of the sale, the chief executive officer now owns 2,192,610 shares of the company’s stock, valued at approximately $981,280,679.40. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Michael Sentonas sold 13,543 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $4,856,790.66. Following the transaction, the president now directly owns 405,308 shares in the company, valued at approximately $145,351,554.96. The trade was a 3.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 211,681 shares of company stock worth $87,081,236. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 0.9%

CRWD stock opened at $464.39 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average of $417.04 and a 200 day moving average of $389.15. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $491.20. The firm has a market cap of $115.11 billion, a PE ratio of 910.59, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CRWD. Barclays set a $500.00 price objective on shares of CrowdStrike in a research report on Tuesday, June 3rd. Evercore ISI reiterated an “in-line” rating and set a $440.00 price objective (down from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. BTIG Research restated a “buy” rating on shares of CrowdStrike in a research report on Thursday, May 22nd. Bank of America reaffirmed a “neutral” rating and issued a $470.00 target price (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Robert W. Baird decreased their price target on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 5th. 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $450.43.

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.