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Roxanne S. Austin Purchases 35,000 CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares

Roxanne S. Austin Purchases 35,000 CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares

Director Roxanne S. Austin purchased 35,000 shares of CrowdStrike Holdings, Inc. (NASDAQ: CRWD) stock on January 5. The transaction took place that same day. The number of shares was purchased for a total price of $3,366,650.00, which is $96.19 per share on average. The director now has ownership of 100,419 shares of the company as a result of the purchase, and the total value of those shares is $9,659,303.61. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available.
The most recent quarterly earnings report for CrowdStrike, released on November 29 and found under the ticker symbol NASDAQ: CRWD, was also the most recent report to be published. The company’s earnings for the period came in at $0.20 per share, which was $0.03 more than the consensus estimate of $0.23 per share. The return on equity for CrowdStrike was negative, coming in at 11.79%, and the company’s net margin was also negative at 8.73%. In contrast to the consensus, which forecasted sales of $574.65 million, the company reported bringing in $580.88 million for the period in question. This result is significant because it exceeds the predictions made by the consensus. Sell-side analysts anticipate that CrowdStrike Holdings, Inc. will record a loss of 0.55 cents per share for the current fiscal year.
Consequently, the proportions of the stock that institutional investors and hedge funds own have been rebalanced. Mach 1 Financial Group LLC increased its previous investment in CrowdStrike during the third fiscal quarter, bringing the total amount of the company’s investment in CrowdStrike to approximately $27,000. During the third quarter of 2018, The Householder Group Estate & Retirement Specialist LLC made an investment in CrowdStrike that was worth 32 thousand dollars. In the second quarter, Sound Income Strategies LLC made a 42.9% increase in the amount of CrowdStrike stock it owned, bringing its total ownership percentage to 100%. Following the acquisition of an additional sixty shares during the period in question, Sound Income Strategies LLC now holds two hundred of the company’s shares, each worth $34,000, thanks to recent market activity. As of the end of the second quarter, BerganKDV Wealth Management LLC owned a total of 999 shares of CrowdStrike, representing a 99.0% increase from the beginning of the quarter. BerganKDV Wealth Management LLC’s most recent purchase of company stock included the purchase of an additional 101 shares, bringing the total number of shares acquired by the firm to 203, with a value of $34,000. This brings the firm’s total number of shares acquired to 203. And finally, during the second quarter of the fiscal year, Glassman Wealth Services increased the number of CrowdStrike shares held in its investment portfolio by 1126%. We now have a total of 202 shares of the company’s stock, which are worth a combined $34,000, thanks to the fact that we recently purchased 107 of those shares. Institutional investors and hedge funds own the company’s stock to the extent of 65.05 percent.
On Friday, CRWD experienced a price decrease of $0.17, which brought the per-share value to 94.72 dollars. The volume of shares traded in the company’s stock reached 6,767,301, significantly higher than the average volume of 5,813,650 shares. The ratio of current assets to total assets is 1.76; the ratio of quick assets to current assets is also 1.76. The ratio of debt to equity is 0.55. CrowdStrike Holdings, Inc. reached a one-year low of $92.26 in the previous trading session, while the company reached a one-year high of $242.00 in that same session. Over the past two hundred days, the stock has traded at an average price of $158.94 per share, while over the past fifty days, that price has been $124.33. The company possesses a price-to-earnings ratio of -12.23, a beta value of 1.09, and a market capitalization of $22.20 billion.
Studies on CRWD stock have recently been published by several industry professionals who focus on equity research. These professionals have recently published their findings. Citigroup decreased their price objective for CrowdStrike’s shares from $245.00 to $160.00 and downgraded their rating for the company’s stock from “buy” to “hold” in a research report published on Thursday, December 1. Cantor Fitzgerald stated in a report made public on November 30 that they have decreased their price goal for CrowdStrike from $240.00 to $160.00. JMP Securities gave the company a rating of “market outperform” and decreased their target price for CrowdStrike from $275.00 to $235.00 in a research note published on November 30. The objective price had been determined to be $275.00 in the past. In a research note published on November 10, which fell on a Thursday, William Blair presented CrowdStrike for the first time. They recommended that investors “outperform” the stock. In a research note published on November 30, Cowen lowered their “outperform” rating on CrowdStrike and lowered their price target on the company from $220.00 to $180.00. Both of these changes were made to the company’s stock price. Thirty-three analysts have recommended purchasing company shares, while only four have suggested investors maintain their current holdings. The information that Bloomberg provided indicates that the company is currently rated as a “Moderate Buy” across the board and that the stock’s average price target is $192.83.
CrowdStrike Holdings, Inc. provides endpoints, cloud workloads, identities, and data with cloud-based security solutions. These solutions can be accessed remotely. Some of the services offered include log management, threat intelligence, managed security services, IT operations management, threat hunting, and zero-trust identity protection. In conjunction with a network of channel partners, the company’s direct sales staff bears the primary responsibility for selling subscriptions to the Falcon platform and cloud modules. This is the case even though the company has a channel partner network.


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