Roman Butler Fullerton & Co. Has $286,000 Stake in CrowdStrike $CRWD

Roman Butler Fullerton & Co. lowered its position in shares of CrowdStrike (NASDAQ:CRWD) by 76.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 584 shares of the company’s stock after selling 1,915 shares during the period. Roman Butler Fullerton & Co.’s holdings in CrowdStrike were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its stake in shares of CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock valued at $2,186,714,000 after acquiring an additional 4,285,640 shares in the last quarter. Norges Bank acquired a new stake in CrowdStrike in the 2nd quarter worth about $1,638,365,000. Vestor Capital LLC boosted its holdings in CrowdStrike by 269,840.3% in the 2nd quarter. Vestor Capital LLC now owns 977,184 shares of the company’s stock valued at $497,690,000 after purchasing an additional 976,822 shares during the period. Vanguard Group Inc. grew its position in shares of CrowdStrike by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of CrowdStrike by 3.6% during the second quarter. State Street Corp now owns 10,804,651 shares of the company’s stock worth $5,502,917,000 after purchasing an additional 370,965 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on CRWD. Barclays lifted their price target on shares of CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. DA Davidson restated a “buy” rating and set a $580.00 price objective on shares of CrowdStrike in a research note on Wednesday, December 3rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $630.00 price objective on shares of CrowdStrike in a report on Wednesday, December 3rd. KeyCorp restated a “sector weight” rating on shares of CrowdStrike in a research report on Monday, January 12th. Finally, Susquehanna boosted their price target on CrowdStrike from $530.00 to $600.00 and gave the company a “positive” rating in a research note on Wednesday, December 3rd. Thirty-one analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $555.21.

Insider Transactions at CrowdStrike

In related news, CFO Burt W. Podbere sold 7,871 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $415.78, for a total transaction of $3,272,604.38. Following the sale, the chief financial officer owned 169,613 shares of the company’s stock, valued at $70,521,693.14. This trade represents a 4.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Michael Sentonas sold 11,461 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $479.78, for a total value of $5,498,758.58. Following the completion of the transaction, the president directly owned 342,655 shares of the company’s stock, valued at approximately $164,399,015.90. The trade was a 3.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 100,247 shares of company stock valued at $45,722,274. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

CrowdStrike stock opened at $408.04 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The stock has a market cap of $102.87 billion, a PE ratio of -323.84, a P/E/G ratio of 22.63 and a beta of 1.03. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90. The business’s 50-day moving average price is $468.45 and its two-hundred day moving average price is $474.79.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, December 3rd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 earnings per share. As a group, analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

CrowdStrike Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.