Crowdstrike Holdings Inc (NASDAQ:CRWD) – Equities research analysts at Oppenheimer issued their Q2 2019 earnings estimates for Crowdstrike in a research note issued on Monday, July 8th, according to Zacks Investment Research. Oppenheimer analyst S. Eyal expects that the company will earn ($0.31) per share for the quarter. Oppenheimer currently has a “Outperform” rating and a $90.00 price target on the stock. Oppenheimer also issued estimates for Crowdstrike’s Q3 2019 earnings at ($0.21) EPS and Q4 2019 earnings at ($0.19) EPS.
Crowdstrike (NASDAQ:CRWD) last released its quarterly earnings data on Thursday, July 18th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.16). The business had revenue of $96.10 million for the quarter, compared to the consensus estimate of $95.60 million. Crowdstrike’s quarterly revenue was up 103.2% on a year-over-year basis.
A number of other brokerages have also recently commented on CRWD. Mizuho initiated coverage on shares of Crowdstrike in a report on Monday, July 8th. They issued a “buy” rating and a $80.00 target price for the company. Barclays set a $89.00 target price on shares of Franco Nevada and gave the company a “hold” rating in a report on Friday, July 19th. SunTrust Banks set a $70.00 target price on shares of Exponent and gave the company a “buy” rating in a report on Friday, July 19th. Needham & Company LLC reaffirmed a “hold” rating on shares of Netflix in a report on Friday, July 19th. Finally, Royal Bank of Canada cut shares of 3M from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $207.00 to $176.00 in a report on Monday, July 8th. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $84.47.
Shares of NASDAQ:CRWD traded up $0.72 on Wednesday, reaching $87.46. The company’s stock had a trading volume of 1,212,024 shares, compared to its average volume of 3,295,944. Crowdstrike has a 52-week low of $56.00 and a 52-week high of $89.44.
In other news, Director Sameer K. Gandhi purchased 650,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was purchased at an average cost of $34.00 per share, with a total value of $22,100,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Capitalg Lp purchased 140,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were purchased 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 bought a new position in Crowdstrike Holdings Inc (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,035 shares of the company’s stock, valued at approximately $412,000. 0.05% of the stock is currently owned by institutional investors.