Crowdstrike (NASDAQ:CRWD) had its price objective hoisted by Jefferies Financial Group from $71.00 to $80.00 in a research report report published on Friday, The Fly reports.
CRWD has been the topic of a number of other research reports. Credit Suisse Group reaffirmed a hold rating on shares of FactSet Research Systems in a report on Monday, July 8th. Stifel Nicolaus reissued a buy rating and issued a $2,300.00 price target on shares of Amazon.com in a report on Friday. UBS Group increased their price target on shares of Crowdstrike from $90.00 to $100.00 and gave the stock an outperform rating in a report on Friday. They noted that the move was a valuation call. Macquarie increased their price target on shares of Crowdstrike from $75.00 to $100.00 and gave the stock an outperform rating in a report on Friday. Finally, Needham & Company LLC reissued a buy rating and issued a $155.00 price target (up previously from $142.00) on shares of Danaher in a report on Friday. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $84.47.
Crowdstrike stock opened at $83.52 on Friday. Crowdstrike has a 1-year low of $56.00 and a 1-year high of $85.85.
Crowdstrike (NASDAQ:CRWD) last posted its earnings results on Thursday, July 18th. The company reported ($0.47) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.16). The company had revenue of $96.10 million for the quarter, compared to analyst estimates of $95.60 million. The business’s revenue for the quarter was up 103.2% on a year-over-year basis. On average, equities analysts forecast that Crowdstrike will post -1.29 earnings per share for the current year.
In other Crowdstrike news, Director Sameer K. Gandhi acquired 650,000 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was bought at an average price of $34.00 per share, with a total value of $22,100,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Capitalg Lp acquired 140,000 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was acquired at an average cost of $34.00 per share, with a total value of $4,760,000.00. The disclosure for this purchase can be found here.
A hedge fund recently bought a new stake in Crowdstrike stock. Commonwealth Equity Services LLC purchased a new stake in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 6,035 shares of the company’s stock, valued at approximately $412,000.
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