CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 56.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 171,338 shares of the company’s stock after acquiring an additional 62,161 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 0.07% of CrowdStrike worth $48,055,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC acquired a new position in CrowdStrike during the second quarter worth $25,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike during the third quarter worth $28,000. Tsfg LLC increased its position in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares during the period. Family Firm Inc. purchased a new stake in shares of CrowdStrike during the second quarter worth $30,000. Finally, Castleview Partners LLC purchased a new stake in shares of CrowdStrike during the third quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 4.6 %

CRWD stock opened at $347.59 on Thursday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The firm has a market cap of $85.20 billion, a PE ratio of 503.75, a P/E/G ratio of 26.33 and a beta of 1.10. The firm has a 50 day simple moving average of $313.47 and a 200 day simple moving average of $312.77. 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 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. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. During the same quarter in the previous year, the business earned $0.06 earnings per share. The firm’s revenue was up 31.7% compared to the same quarter last year. Equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Monday. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. Piper Sandler upped their price objective on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research report on Wednesday. Cantor Fitzgerald increased their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty have given a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $355.80.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The shares were 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 in the company, valued at approximately $263,277,391.08. This represents a 0.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the company’s 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 completion of the transaction, the insider now owns 174,591 shares in the company, valued at approximately $45,521,111.43. This represents a 2.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 108,248 shares of company stock worth $32,465,110 over the last 90 days. 4.34% of the stock is owned by company insiders.

About CrowdStrike

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.