Linden Thomas Advisory Services LLC Buys 752 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Linden Thomas Advisory Services LLC increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,134 shares of the company’s stock after purchasing an additional 752 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in CrowdStrike were worth $2,587,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. CVA Family Office LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth approximately $26,000. Bear Mountain Capital Inc. bought a new stake in CrowdStrike during the 4th quarter valued at $27,000. McGlone Suttner Wealth Management Inc. bought a new stake in CrowdStrike during the 4th quarter valued at $36,000. Quent Capital LLC raised its holdings in CrowdStrike by 48.5% during the 4th quarter. Quent Capital LLC now owns 147 shares of the company’s stock valued at $38,000 after acquiring an additional 48 shares during the period. Finally, Silver Oak Securities Incorporated bought a new stake in CrowdStrike during the 3rd quarter valued at $27,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 4.3 %

Shares of NASDAQ:CRWD traded up $12.40 on Tuesday, reaching $301.55. 1,778,886 shares of the company traded hands, compared to its average volume of 3,580,109. The business’s 50-day simple moving average is $317.08 and its 200 day simple moving average is $265.99. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00. The stock has a market capitalization of $72.94 billion, a P/E ratio of 829.91, a price-to-earnings-growth ratio of 11.30 and a beta of 1.05. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32.

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

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the sale, the insider now directly owns 208,961 shares in the company, valued at $64,525,067.19. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other CrowdStrike news, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the sale, the insider now owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 223,544 shares of company stock worth $72,113,932. Company insiders own 5.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CRWD. Barclays boosted their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. JPMorgan Chase & Co. boosted their target price on shares of CrowdStrike from $350.00 to $371.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. Sanford C. Bernstein initiated coverage on shares of CrowdStrike in a report on Thursday, January 18th. They set an “outperform” rating and a $334.00 target price on the stock. Evercore ISI boosted their price target on shares of CrowdStrike from $255.00 to $405.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Finally, TD Cowen boosted their price target on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike 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.