Neville Rodie & Shaw Inc. Purchases 1,645 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Neville Rodie & Shaw Inc. grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 48.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,033 shares of the company’s stock after buying an additional 1,645 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in CrowdStrike were worth $1,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of CRWD. Abich Financial Wealth Management LLC acquired a new stake in CrowdStrike during the 2nd quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new position in CrowdStrike during the 1st quarter worth about $30,000. Family Firm Inc. acquired a new stake in CrowdStrike in the 2nd quarter valued at about $30,000. Northwest Bank & Trust Co acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $32,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of CrowdStrike in the first quarter valued at approximately $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the sale, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the business’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 transaction of $500,322.24. Following the transaction, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at $11,582,623.36. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $371.32, for a total value of $1,485,280.00. Following the completion of the sale, the insider now owns 183,091 shares in the company, valued at approximately $67,985,350.12. The disclosure for this sale can be found here. Insiders sold a total of 96,962 shares of company stock worth $28,774,798 over the last quarter. 4.34% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Argus lowered their target price on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research note on Friday, August 30th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 target price on shares of CrowdStrike in a research note on Thursday, September 19th. Hsbc Global Res upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 30th. Jefferies Financial Group upped their price objective on CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. Finally, KeyCorp raised their target price on CrowdStrike from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Monday, September 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-three have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $326.50.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $280.24 on Thursday. CrowdStrike Holdings, Inc. has a 52-week low of $160.86 and a 52-week high of $398.33. The company has a market cap of $68.20 billion, a P/E ratio of 528.75, a P/E/G ratio of 19.60 and a beta of 1.09. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The stock’s 50-day simple moving average is $260.52 and its 200 day simple moving average is $310.06.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The firm had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. During the same quarter in the previous year, the firm earned $0.06 EPS. The business’s quarterly revenue was up 31.7% on a year-over-year basis. As a group, sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

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.