LMR Partners LLP bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 80,000 shares of the company's stock, valued at approximately $22,438,000.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Legal & General Group Plc raised its stake in shares of CrowdStrike by 3.0% during the second quarter. Legal & General Group Plc now owns 2,049,704 shares of the company's stock valued at $785,425,000 after purchasing an additional 60,607 shares during the period. Ameriprise Financial Inc. increased its stake in CrowdStrike by 4.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company's stock worth $696,471,000 after buying an additional 77,100 shares during the period. Bank of New York Mellon Corp lifted its holdings in CrowdStrike by 47.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company's stock worth $671,828,000 after buying an additional 564,662 shares in the last quarter. Federated Hermes Inc. boosted its position in CrowdStrike by 0.9% in the 2nd quarter. Federated Hermes Inc. now owns 1,112,272 shares of the company's stock valued at $426,212,000 after buying an additional 9,564 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company's stock valued at $259,668,000 after acquiring an additional 920,695 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.
In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the company's stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now owns 38,962 shares of the company's stock, valued at $11,582,623.36. This represents a 4.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO George Kurtz sold 55,325 shares of CrowdStrike stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $296.62, for a total value of $16,410,501.50. Following the sale, the chief executive officer now directly owns 1,109,746 shares in the company, valued at $329,172,858.52. The trade was a 4.75 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 108,248 shares of company stock valued at $32,465,110. 4.34% of the stock is owned by company insiders.
Shares of CRWD stock opened at $336.75 on Monday. CrowdStrike Holdings, Inc. has a 12 month low of $198.86 and a 12 month high of $398.33. The company has a market cap of $82.55 billion, a PE ratio of 488.04, a price-to-earnings-growth ratio of 22.77 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The business's 50 day moving average is $297.79 and its two-hundred day moving average is $310.36.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.07. The firm 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%. The business's revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 EPS. Equities analysts predict that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.
Several research analysts recently commented on CRWD shares. Hsbc Global Res upgraded CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 30th. BTIG Research cut CrowdStrike from a "buy" rating to a "neutral" rating in a research note on Monday, July 22nd. Robert W. Baird dropped their price target on shares of CrowdStrike from $335.00 to $315.00 and set an "outperform" rating for the company in a research note on Thursday, August 29th. The Goldman Sachs Group cut their price target on shares of CrowdStrike from $400.00 to $295.00 and set a "buy" rating on the stock in a report on Thursday, August 15th. Finally, Argus decreased their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a "buy" rating for the company in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $328.74.
Check Out Our Latest Research Report on CrowdStrike
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.
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