1,060 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by Fulton Breakefield Broenniman LLC

Fulton Breakefield Broenniman LLC acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,060 shares of the company’s stock, valued at approximately $271,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CVA Family Office LLC bought a new position in CrowdStrike in the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated bought a new position in CrowdStrike in the 3rd quarter worth approximately $27,000. Bear Mountain Capital Inc. bought a new position in CrowdStrike in the 4th quarter worth approximately $27,000. Gradient Investments LLC boosted its holdings in CrowdStrike by 1,818.2% in the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after buying an additional 200 shares during the period. Finally, McGlone Suttner Wealth Management Inc. bought a new position in CrowdStrike in the 4th quarter worth approximately $36,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Up 2.0 %

CrowdStrike stock traded up $6.05 during trading hours on Friday, hitting $304.07. The stock had a trading volume of 2,007,839 shares, compared to its average volume of 2,018,688. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $73.55 billion, a P/E ratio of 844.66, a price-to-earnings-growth ratio of 11.92 and a beta of 1.05. CrowdStrike Holdings, Inc. has a 12-month low of $115.67 and a 12-month high of $365.00. The stock’s 50-day moving average price is $314.71 and its 200-day moving average price is $268.13.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The business had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. Equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Scotiabank raised their price target on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 6th. Morgan Stanley raised their price target on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. JMP Securities raised their price target on shares of CrowdStrike from $330.00 to $400.00 and gave the company a “market outperform” rating in a report on Wednesday, March 6th. JPMorgan Chase & Co. raised their price target on shares of CrowdStrike from $350.00 to $371.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. Finally, DA Davidson raised their price target on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $371.87.

Insider Activity

In other news, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the completion of the transaction, the president now directly owns 382,958 shares of the company’s stock, valued at $124,767,716.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the completion of the sale, the president now directly owns 382,958 shares in the company, valued at $124,767,716.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The disclosure for this sale can be found here. Insiders sold 223,544 shares of company stock valued at $72,113,932 over the last three months. Insiders own 5.68% of the company’s stock.

About 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.