From MarketBeat:

Raymond James Financial Services Advisors Inc. has increased their holdings in CrowdStrike Holdings, Inc. by 4.4% in the third quarter. They now own 106,102 shares worth $17,759,000. Other institutional investors, such as Bank Julius Baer & Co. Ltd Zurich, Alliancebernstein L.P., and BlackRock Inc., have also recently added to their stakes in CRWD. Hedge funds and other institutional investors now own 63.53% of the company’s stock.

Analysts have been upgrading CrowdStrike, with several firms raising their price targets and giving the company a “buy” rating. The stock has a consensus target price of $225.17 and an average rating of “Moderate Buy”. CRWD stock opened at $247.46 on Friday, with a market capitalization of $59.43 billion.

CrowdStrike Holdings, Inc. last reported quarterly earnings of $0.82 per share, topping the consensus estimate of $0.74. The company had revenue of $786.01 million for the quarter, showing a 35.3% increase from the previous year. Analysts expect the company to post 0.49 earnings per share for the current fiscal year.

In recent insider transactions, CAO Anurag Saha sold 1,399 shares of CRWD stock for a total transaction of $356,395.25, while CFO Burt W. Podbere sold 30,500 shares for $6,100,000.00. In total, insiders have sold 226,927 shares of company stock valued at $53,846,123 in the last ninety days. Corporate insiders now own 5.68% of the company’s stock.

CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. They offer corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.



Read more: Raymond James Financial Services Advisors Inc. Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)