Boyd Watterson Asset Management LLC OH Acquires 840 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Boyd Watterson Asset Management LLC OH raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,272 shares of the company’s stock after purchasing an additional 840 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in CrowdStrike were worth $2,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Riverview Trust Co bought a new position in shares of CrowdStrike during the 1st quarter worth $36,000. Sunbelt Securities Inc. grew its stake in shares of CrowdStrike by 65.9% during the 1st quarter. Sunbelt Securities Inc. now owns 1,274 shares of the company’s stock worth $408,000 after acquiring an additional 506 shares during the period. Future Financial Wealth Managment LLC bought a new position in shares of CrowdStrike during the 1st quarter worth $32,000. Key Client Fiduciary Advisors LLC bought a new position in shares of CrowdStrike during the 1st quarter worth $211,000. Finally, ERn Financial LLC bought a new position in shares of CrowdStrike during the 1st quarter worth $208,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 1.1 %

CrowdStrike stock opened at $302.60 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The business’s fifty day simple moving average is $279.73 and its two-hundred day simple moving average is $308.09. CrowdStrike Holdings, Inc. has a 12 month low of $170.17 and a 12 month high of $398.33. The company has a market capitalization of $73.64 billion, a price-to-earnings ratio of 564.72, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 28th. The company reported $1.04 EPS 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 business had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. During the same period in the previous year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. As a group, equities analysts predict that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several research reports. Guggenheim downgraded CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. UBS Group reduced their target price on CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a report on Thursday, August 29th. JPMorgan Chase & Co. reduced their target price on CrowdStrike from $400.00 to $330.00 and set an “overweight” rating for the company in a report on Monday, July 29th. Wedbush set a $330.00 target price on CrowdStrike in a report on Thursday, October 17th. Finally, Scotiabank reduced their target price on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $328.74.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $320.38, for a total value of $2,002,375.00. Following the transaction, the director now owns 821,766 shares of the company’s stock, valued at approximately $263,277,391.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following the completion of the transaction, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 103,212 shares of company stock valued at $30,529,413 over the last ninety days. 4.34% of the stock is currently owned by corporate insiders.

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.