Aviso Financial Inc. Buys Shares of 2,270 CrowdStrike $CRWD

Aviso Financial Inc. purchased a new position in shares of CrowdStrike (NASDAQ:CRWDFree Report) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 2,270 shares of the company’s stock, valued at approximately $1,113,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after acquiring an additional 2,417 shares during the last quarter. Empowered Funds LLC raised its stake in shares of CrowdStrike by 3.6% in the 1st quarter. Empowered Funds LLC now owns 4,812 shares of the company’s stock valued at $1,697,000 after purchasing an additional 169 shares in the last quarter. Hunter Associates Investment Management LLC bought a new position in shares of CrowdStrike during the second quarter worth about $284,000. AlphaQuest LLC acquired a new position in CrowdStrike in the second quarter worth about $26,000. Finally, Keybank National Association OH increased its holdings in CrowdStrike by 13.1% in the second quarter. Keybank National Association OH now owns 6,679 shares of the company’s stock valued at $3,402,000 after buying an additional 775 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

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CrowdStrike Price Performance

NASDAQ CRWD opened at $371.98 on Monday. The company has a 50-day moving average price of $438.69 and a two-hundred day moving average price of $469.83. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The stock has a market cap of $93.78 billion, a price-to-earnings ratio of -295.22, a price-to-earnings-growth ratio of 20.93 and a beta of 1.07. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18.

CrowdStrike (NASDAQ:CRWDGet Free Report) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the firm posted $0.93 earnings per share. The business’s revenue was up 21.8% on a year-over-year basis. Analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research analyst reports. BMO Capital Markets increased their target price on CrowdStrike from $500.00 to $555.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price target on shares of CrowdStrike in a research report on Wednesday, December 3rd. Cantor Fitzgerald decreased their price objective on shares of CrowdStrike from $590.00 to $520.00 and set an “overweight” rating for the company in a report on Tuesday, February 24th. Rosenblatt Securities lowered their target price on shares of CrowdStrike from $630.00 to $555.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Finally, UBS Group raised their price target on shares of CrowdStrike from $580.00 to $590.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Thirty-one investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $528.74.

Get Our Latest Report on CrowdStrike

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 11,461 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $479.78, for a total transaction of $5,498,758.58. Following the transaction, the president owned 342,655 shares of the company’s stock, valued at approximately $164,399,015.90. This trade represents a 3.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Johanna Flower sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $461.94, for a total transaction of $1,385,820.00. Following the completion of the sale, the director directly owned 76,082 shares of the company’s stock, valued at approximately $35,145,319.08. This represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 100,247 shares of company stock valued at $45,722,274. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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