Toth Financial Advisory Corp Has $339,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Toth Financial Advisory Corp boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 962 shares of the company’s stock after purchasing an additional 61 shares during the quarter. Toth Financial Advisory Corp’s holdings in CrowdStrike were worth $339,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. Silver Oak Securities Incorporated acquired a new position in shares of CrowdStrike in the 4th quarter valued at approximately $230,000. Kingsview Wealth Management LLC raised its position in shares of CrowdStrike by 6.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 8,650 shares of the company’s stock valued at $2,960,000 after buying an additional 504 shares in the last quarter. Wilmington Savings Fund Society FSB raised its position in shares of CrowdStrike by 0.9% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,746 shares of the company’s stock valued at $1,624,000 after buying an additional 43 shares in the last quarter. Finally, Empirical Finance LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at approximately $277,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 0.9%

NASDAQ:CRWD opened at $464.39 on Tuesday. The firm’s fifty day moving average is $417.04 and its 200-day moving average is $389.15. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $491.20. The firm has a market cap of $115.11 billion, a P/E ratio of 910.59, a P/E/G ratio of 17.86 and a beta of 1.16.

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

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction 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 transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerhard Watzinger sold 10,000 shares of the business’s stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $489.00, for a total transaction of $4,890,000.00. Following the transaction, the director now owns 29,500 shares in the company, valued at $14,425,500. The trade was a 25.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 211,681 shares of company stock worth $87,081,236 in the last quarter. Company insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. BMO Capital Markets boosted their target price on shares of CrowdStrike from $405.00 to $500.00 and gave the company an “outperform” rating in a research report on Wednesday, June 4th. Bank of America restated a “neutral” rating and issued a $470.00 target price (up from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Mizuho lifted their price target on shares of CrowdStrike from $425.00 to $450.00 and gave the company a “neutral” rating in a report on Wednesday, June 4th. DA Davidson lifted their price target on shares of CrowdStrike from $415.00 to $530.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $500.00 price target on shares of CrowdStrike in a report on Wednesday, June 4th. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have given a buy rating to the company’s stock. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average target price 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.