The Vanguard Group, Inc. has recently announced that it has increased stake in CrowdStrike Holdings Inc. (NASDAQ:CRWD) by 4.07%. After grabbing 12.63 million shares, the institutional investor is now in possession of 0.49 million shares of the Technology Company. The new investment brought the stake of investor firm to 5.88% having worth around $2.04 billion. Moreover, Jennison Associates LLC increased its share by 1.6 million to have a control over 9.7 million shares. And T. Rowe Price Associates, Inc. raised its holdings to 0.69 million shares by acquiring 4.64 million shares or 2.16% of the stake.
CrowdStrike Holdings Inc. (CRWD) concluded trading on 11/17/22 at a closing price of $139.23, with 3.88 million shares of worth about $540.82 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.39% during that period and on Thursday the price saw a loss of about -3.08%. Currently the company’s common shares owned by public are about 232.55M shares, out of which, 211.95M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 217 times over the past 12 months. They bought 5,268,592 shares in 47 of the transactions. In 170 selling transactions, insiders dumped 4,988,634 shares.
Vanguard Total Stock Market Index, Invesco QQQ Trust, and Vanguard Extended Market Index Fu are the top 3 mutual funds which are holding stakes in CrowdStrike Holdings Inc. Vanguard Total Stock Market Index is currently holding 6.05 million shares of worth totaling $975.56 million. The company recently came buying 32632.0 shares which brought its stake up to 2.82% of the company’s outstanding shares. Invesco QQQ Trust sold 2850.0 shares, after which its hold over company’s outstanding shares shrunk to 1.45%, leaving 3.11 million shares with the mutual fund that have a worth of about $501.43 million. Vanguard Extended Market Index Fu, after selling 2.87 million shares, have now control over 1.34% of the stake in the company. It holds 26464.0 shares of worth $462.65 million.
However, the stock later moved at a day high price of 141.35, or with a loss of -3.08%. Stock saw a price change of 2.56% in past 5 days and over the past one month there was a price change of -8.73%. Year-to-date (YTD), CRWD shares are showing a performance of -32.00% which decreased to -48.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $120.50 but also hit the highest price of $274.98 during that period. The average intraday trading volume for CrowdStrike Holdings Inc. shares is 3.47 million. The stock is currently trading -5.48% below its 20-day simple moving average (SMA20), while that difference is down -12.89% for SMA50 and it goes to -22.22% lower than SMA200.
The Vanguard Group, Inc. acquired 12.63 million shares of CrowdStrike Holdings Inc. having value of about $2.04 billion. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.49 million shares in the company valued at close to $68787138.42, or have control over 4.07% stake in the company. CrowdStrike Holdings Inc. (NASDAQ: CRWD) currently have 232.55M outstanding shares and institutions hold larger chunk of about 78.30% of that. Holding of mutual funds in the company is about 33.29% while other institutional holders and individual stake holders have control over 40.36% and 2.21% of the stake respectively.
The stock has a current market capitalization of $30.82B and its 3Y-monthly beta is at 1.17. It has posted earnings per share of -$0.75 in the same period. It has Quick Ratio of 1.80 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRWD, volatility over the week remained 4.27% while standing at 5.10% over the month.
Analysts are in expectations that CrowdStrike Holdings Inc. (CRWD) stock would likely to be making an EPS of $0.31 in the current quarter, while forecast for next quarter EPS is $0.34 and it is $1.87 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.28 which is $0.38 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -143.00% while it is estimated to increase by 41.47% in next year. EPS is likely to grow at an annualized rate of 73.75% for next 5-years, compared to annual growth of -13.40% made by the stock over the past 5-years.
Coverage by Macquarie stated CrowdStrike Holdings Inc. (CRWD) stock as an Outperform in their note to investors on November 02, 2022, suggesting a price target of $220 for the stock. On October 19, 2022, Robert W. Baird Resumed their recommendations, while on October 07, 2022, SMBC Nikko Initiated their ratings for the stock with a price target of $240. Stock get an Outperform rating from Evercore ISI on October 06, 2022.