CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 248.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 521,198 shares of the company’s stock after purchasing an additional 371,695 shares during the period. Assenagon Asset Management S.A. owned 0.21% of CrowdStrike worth $146,180,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CRWD. Abich Financial Wealth Management LLC acquired a new stake in shares of CrowdStrike during the second quarter worth $25,000. Family Firm Inc. acquired a new position in shares of CrowdStrike in the 2nd quarter valued at about $30,000. Itau Unibanco Holding S.A. acquired a new position in shares of CrowdStrike in the 2nd quarter valued at about $33,000. Unique Wealth Strategies LLC acquired a new position in shares of CrowdStrike in the 2nd quarter valued at about $36,000. Finally, Trivant Custom Portfolio Group LLC acquired a new position in shares of CrowdStrike during the first quarter valued at $30,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 price objective on shares of CrowdStrike in a report on Thursday, September 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. The Goldman Sachs Group decreased their price objective on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a report on Thursday, August 15th. Barclays lifted their target price on CrowdStrike from $285.00 to $295.00 and gave the company an “overweight” rating in a research note on Thursday, August 29th. Finally, Raymond James decreased their price target on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $328.74.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the transaction, the insider now owns 124,298 shares in the company, valued at approximately $38,455,315.24. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the transaction, the director now owns 821,766 shares in the company, valued at $263,277,391.08. This trade 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 at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the completion of the transaction, the insider now directly owns 124,298 shares in the company, valued at approximately $38,455,315.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 103,212 shares of company stock worth $30,529,413 over the last ninety days. 4.34% of the stock is currently owned by insiders.

CrowdStrike Stock Up 1.7 %

CrowdStrike stock traded up $4.97 during trading hours on Thursday, hitting $304.27. The company had a trading volume of 815,271 shares, compared to its average volume of 5,146,299. The firm’s fifty day moving average is $279.73 and its 200-day moving average is $308.09. The firm has a market capitalization of $74.05 billion, a P/E ratio of 574.40, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10. CrowdStrike Holdings, Inc. has a fifty-two week low of $170.17 and a fifty-two week high of $398.33. 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 (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The firm had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. On average, research analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current 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.