Vivid Wealth Management LLC Purchases 488 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Vivid Wealth Management LLC lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,427 shares of the company’s stock after acquiring an additional 488 shares during the period. CrowdStrike makes up about 1.4% of Vivid Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. Vivid Wealth Management LLC’s holdings in CrowdStrike were worth $2,644,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hennion & Walsh Asset Management Inc. grew its position in CrowdStrike by 83.5% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 3,620 shares of the company’s stock valued at $1,161,000 after acquiring an additional 1,647 shares during the last quarter. Founders Financial Securities LLC lifted its stake in CrowdStrike by 5.7% in the 1st quarter. Founders Financial Securities LLC now owns 1,483 shares of the company’s stock valued at $475,000 after purchasing an additional 80 shares during the last quarter. Diversified Trust Co boosted its position in CrowdStrike by 12.3% in the first quarter. Diversified Trust Co now owns 3,863 shares of the company’s stock valued at $1,238,000 after buying an additional 422 shares in the last quarter. Miracle Mile Advisors LLC grew its stake in shares of CrowdStrike by 45.5% during the first quarter. Miracle Mile Advisors LLC now owns 1,500 shares of the company’s stock worth $481,000 after buying an additional 469 shares during the last quarter. Finally, Park Place Capital Corp increased its holdings in shares of CrowdStrike by 127.6% during the first quarter. Park Place Capital Corp now owns 817 shares of the company’s stock worth $262,000 after buying an additional 458 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. JMP Securities reissued a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Tuesday, September 24th. BTIG Research cut CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. Evercore ISI reduced their target price on shares of CrowdStrike from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Tuesday, July 30th. Finally, BMO Capital Markets upped their price target on shares of CrowdStrike from $290.00 to $315.00 and gave the company an “outperform” rating in a research report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $328.74.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the transaction, the insider now directly owns 174,591 shares of the company’s stock, valued at $45,521,111.43. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the transaction, the insider now owns 174,591 shares of the company’s stock, valued at $45,521,111.43. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director now owns 821,766 shares in the company, valued at $263,277,391.08. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 103,212 shares of company stock valued at $30,529,413. 4.34% of the stock is owned by insiders.

CrowdStrike Stock Up 0.5 %

Shares of NASDAQ CRWD traded up $1.56 during mid-day trading on Monday, reaching $302.18. 1,516,171 shares of the company’s stock traded hands, compared to its average volume of 5,138,774. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. CrowdStrike Holdings, Inc. has a 1-year low of $171.68 and a 1-year high of $398.33. The stock has a market cap of $73.54 billion, a P/E ratio of 570.79, a PEG ratio of 19.94 and a beta of 1.10. The business has a 50-day simple moving average of $281.37 and a 200 day simple moving average of $307.92.

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

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.