Neuburgh Advisers LLC acquired a new position in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 672 shares of the company’s stock, valued at approximately $46,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Executive Wealth Management LLC acquired a new stake in Crowdstrike in the 2nd quarter valued at $34,000. Riverhead Capital Management LLC purchased a new position in Crowdstrike in the 2nd quarter valued at about $55,000. Granite Point Capital Management L.P. purchased a new position in Crowdstrike in the 2nd quarter valued at about $205,000. Envestnet Asset Management Inc. bought a new position in shares of Crowdstrike during the second quarter worth about $239,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Crowdstrike during the second quarter worth about $302,000. Institutional investors and hedge funds own 2.54% of the company’s stock.

NASDAQ CRWD traded down $2.47 during trading hours on Friday, reaching $67.19. The company’s stock had a trading volume of 56,154 shares, compared to its average volume of 2,790,610. The company has a 50-day moving average of $87.88. Crowdstrike Holdings Inc has a 52 week low of $56.00 and a 52 week high of $101.88.

Crowdstrike (NASDAQ:CRWD) last issued its earnings results on Thursday, September 5th. The company reported ($0.18) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.43) by $0.25. The business had revenue of $108.10 million during the quarter, compared to the consensus estimate of $103.79 million. Crowdstrike’s quarterly revenue was up 94.1% compared to the same quarter last year. On average, research analysts anticipate that Crowdstrike Holdings Inc will post -1.06 earnings per share for the current year.

Several brokerages have recently commented on CRWD. Piper Jaffray Companies increased their price target on shares of Crowdstrike from $90.00 to $100.00 in a research report on Friday, September 6th. Jefferies Financial Group increased their price target on shares of Crowdstrike from $71.00 to $80.00 in a research report on Friday, July 19th. Stifel Nicolaus increased their price target on shares of Crowdstrike from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Bank of America reaffirmed a “buy” rating and set a $103.00 price target (up previously from $89.00) on shares of Crowdstrike in a research report on Tuesday, August 13th. Finally, SunTrust Banks increased their price target on shares of Crowdstrike to $80.00 and gave the stock a “hold” rating in a research report on Friday, July 19th. Six research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $87.44.

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Institutional Ownership by Quarter for Crowdstrike (NASDAQ:CRWD)

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