15213 Shares in Crowdstrike Holdings Inc (NASDAQ:CRWD) Acquired by Adviser Investments LLC

Adviser Investments LLC bought a new position in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the fourth quarter, according to its …

Crowdstrike logoAdviser Investments LLC bought a new position in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,213 shares of the company’s stock, valued at approximately $759,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Prescott Group Capital Management L.L.C. boosted its holdings in Crowdstrike by 127.3% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 25,000 shares of the company’s stock valued at $1,247,000 after purchasing an additional 14,000 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in Crowdstrike in the fourth quarter valued at approximately $174,000. Comerica Bank acquired a new position in Crowdstrike in the fourth quarter valued at approximately $337,000. Charles Schwab Investment Management Inc. boosted its holdings in Crowdstrike by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 83,573 shares of the company’s stock valued at $4,168,000 after purchasing an additional 2,295 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Crowdstrike by 404.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 21,004 shares of the company’s stock valued at $1,047,000 after purchasing an additional 16,838 shares in the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently weighed in on the company. Credit Suisse Group increased their price objective on Crowdstrike from $60.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, December 6th. Royal Bank of Canada decreased their price objective on Crowdstrike from $83.00 to $67.00 and set a “sector perform” rating for the company in a report on Wednesday, December 4th. DA Davidson raised Crowdstrike from a “neutral” rating to a “buy” rating and increased their price objective for the company from $58.00 to $75.00 in a report on Tuesday, February 11th. Zacks Investment Research downgraded Crowdstrike from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Jefferies Financial Group decreased their price objective on Crowdstrike from $67.00 to $61.00 and set a “hold” rating for the company in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $79.09.

Shares of NASDAQ CRWD opened at $66.03 on Thursday. The stock has a fifty day moving average price of $59.90 and a 200 day moving average price of $62.73. Crowdstrike Holdings Inc has a 1-year low of $44.58 and a 1-year high of $101.88.

Crowdstrike (NASDAQ:CRWD) last issued its quarterly earnings results on Thursday, December 5th. The company reported ($0.07) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.12. The company had revenue of $125.10 million for the quarter, compared to analyst estimates of $118.79 million. The firm’s revenue was up 88.4% compared to the same quarter last year. On average, sell-side analysts predict that Crowdstrike Holdings Inc will post -1.03 earnings per share for the current fiscal year.

In related news, CFO Burt W. Podbere sold 215,000 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $49.79, for a total transaction of $10,704,850.00. Following the completion of the sale, the chief financial officer now directly owns 215,000 shares of the company’s stock, valued at $10,704,850. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 2,344 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $53.50, for a total value of $125,404.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,251,745 shares of company stock valued at $430,850,775.

Read More: How do candlesticks reflect price movement?

Institutional Ownership by Quarter for Crowdstrike (NASDAQ:CRWD)

Receive News & Ratings for Crowdstrike Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Crowdstrike and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Nikkei bounces back on SoftBank Group’s strength

The Nikkei rebounded Wednesday despite persistent concerns over the COVID-19 outbreak thanks to the popularity of technology investor Softbank …

The Nikkei rebounded Wednesday despite persistent concerns over the COVID-19 outbreak thanks to the popularity of technology investor Softbank Group Corp.

The 225-issue Nikkei average of the Tokyo Stock Exchange rose 175.23 points, or 0.74 percent, to end at 23,861.21, after falling 142.00 points Monday. The Tokyo market was closed Tuesday for a national holiday.

Meanwhile, the Topix index of all TSE first section issues closed down 0.72 point, or 0.04 percent, at 1,718.92, following a 12.50-point drop the previous trading day.

The Nikkei average’s rise reflected a jump in the stock price of Softbank Group, a heavyweight component of the key indicator, in response to a U.S. federal district court approval of the planned merger of T-Mobile U.S. Inc. and Sprint Corp., brokers said. Sprint is a Softbank Group unit.

Active buying of semiconductor-linked stocks also supported the Nikkei average throughout the day as well, they added.

On the other hand, deep-rooted concerns over the spreading coronavirus outbreak sent the Topix index into negative territory in the early morning, where it remained for the rest of the day, the brokers said.

In the afternoon, both indexes fluctuated within a narrow range due to a dearth of fresh trading incentives.

“Softbank Group alone pushed the Nikkei up by around ¥150 (at one point),” said Yutaka Miura, senior technical analyst at Mizuho Securities Co.

The market as a whole was weighed down by concerns over COVID-19, especially because the health ministry announced Wednesday that a quarantine officer who worked on the Diamond Princess cruise ship, quarantined off Japan, tested positive for the virus, he said.

He added that investors refrained from active trading in the afternoon to wait to see U.S. market developments later Wednesday.

Maki Sawada, vice president of Nomura Securities Co.’s Investment Research & Investor Services Department, said the Tokyo market is expected to be “top-heavy” until the impact of the coronavirus outbreak on the economy becomes clear.

On the TSE’s first section, falling issues outnumbered rising ones 1,275 to 796 while 88 issues were unchanged. Volume increased to 1.395 billion shares from Monday’s 1.161 billion shares.

Softbank Group jumped 11.89 percent.

Semiconductor-related issues, including Tokyo Electron and Advantest Corp, attracted buying, after the tech-heavy U.S. Nasdaq index rewrote its all-time closing high and the SOX Philadelphia semiconductor index advanced Tuesday.

Sanyo Shokai rose 9.61 percent following a Bloomberg report Wednesday that a U.S. activist investor urged the apparel maker to sell itself.

Among other major winners were security firm Secom Co. and consumer lender Aiful Corp.

On the other hand, MonotaRO Co. dropped 4.18 percent as market players were disappointed with the tool shopping website operator’s January sales announced Monday.

In index futures trading on the Osaka Exchange, the key March contract on the Nikkei average rose 230 points to end at 23,870.

Related Posts:

  • No Related Posts

Asian Shares Advance As Virus Worries Ebb

Heavyweight SoftBank Group Corp soared 11.9 percent to become the country’s second-biggest company by market value after a U.S. federal judge …

(RTTNews) – Asian stocks advanced on Wednesday as anxiety ebbed over the spread of a deadly virus in mainland China and Federal Reserve Chair Jerome Powell told Congress that the U.S. economy is in a good place, despite a potential threat from the coronavirus outbreak in China.

Chinese stocks rose for the seventh day running as virus worries ebbed. The benchmark Shanghai Composite index climbed 25.22 points, or 0.87 percent, to 2,926.90 after officials reported the lowest daily increase in coronavirus infection cases in nearly two weeks, calming investor nerves over the epidemic’s economic impact. Hong Kong’s Hang Seng index ended 0.87 percent higher at 27,823.66.

Japanese shares gained ground as a positive mood prevailed across global markets despite lingering concerns about the coronavirus outbreak. The Nikkei average climbed 175.23 points, or 0.74 percent, to 23,861.21, while the broader Topix index finished marginally lower at 1,718.92.

Heavyweight SoftBank Group Corp soared 11.9 percent to become the country’s second-biggest company by market value after a U.S. federal judge approved a merger between its U.S. wireless unit Sprint Corp and T-Mobile U.S. Inc.

Taiko Pharmaceutical Co jumped 18.2 percent after the drug maker raised its operating profit forecast for the year ending March. Tech stocks posted strong gains, with Advantest surging 4.3 percent and Tokyo Electron adding 3.5 percent.

Nissan Motor dropped 1.7 percent after temporarily halting production at its plant in Kyushu, southwestern Japan, due to supply shortage of parts from China.

Australian markets advanced after positive offshore leads. The benchmark S&P/ASX 200 rose 32.90 points, or 0.47 percent, to 7,088.20 while the broader All Ordinaries index ended up 33.90 points, or 0.47 percent, at 7,185.30.

Lender Commonwealth Bank of Australia surged 4.1 percent after its half-year cash profit topped forecasts.

Health supplements firm Blackmores slumped 12.8 percent as the company scrapped its dividend and warned that this year’s profit will more than halve because of adverse costs and the coronavirus outbreak.

CSL shares advanced 0.8 percent. After reporting an 11 percent increase in first-half net profit, the biotech company raised its full-year profit outlook and interim dividend.

Online vehicle sales company Carsales.com rallied 8.3 percent after its statutory net profit for the half-year surged more than five-fold.

Australia’s consumer confidence advanced in February but sentiment remained weak overall, survey data from Westpac showed today.

South Korea’s Kospi average rose 15.26 points, or 0.69 percent, to 2,238.38 after Fitch Ratings affirmed sovereign ratings of the country with a ‘stable’ outlook.

The agency said the 2020 budget, enacted in December, implemented significant fiscal stimulus to confront sluggish growth prospects. Korea has the fiscal space to utilize near-term fiscal stimulus, it was said.

New Zealand shares advanced as the country’s central bank left its official cash rate unchanged at the record low of 1.00 percent, but suggested the coronavirus outbreak was “a downside risk” to the domestic economy. The benchmark NZX-50 index gained 0.54 percent to close at 11,898.24.

U.S. stocks edged up slightly overnight after a top Chinese health adviser said the coronavirus outbreak may be peaking and infections may be over by April.

Recent strong earnings announcements and economic data as well as fairly upbeat comments by Fed Chair Jerome Powell about the U.S. economic outlook also offered some support.

The Dow ended flat with a negative bias while the S&P 500 inched up 0.2 percent and the tech-heavy Nasdaq Composite rose 0.1 percent to reach fresh record closing highs.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Related Posts:

  • No Related Posts

CyberOptics Co. (NASDAQ:CYBE) Short Interest Down 5.8% in December

Acadian Asset Management LLC grew its position in CyberOptics by 727.4% during the second quarter. Acadian Asset Management LLC now owns …

CyberOptics logoCyberOptics Co. (NASDAQ:CYBE) was the target of a significant decline in short interest in the month of December. As of December 13th, there was short interest totalling 137,400 shares, a decline of 5.8% from the November 28th total of 145,900 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily volume of 27,400 shares, the short-interest ratio is currently 5.0 days.

CYBE has been the subject of a number of recent analyst reports. Lake Street Capital lifted their price objective on CyberOptics from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Zacks Investment Research raised CyberOptics from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective for the company in a research report on Wednesday, November 6th. Finally, ValuEngine downgraded CyberOptics from a “buy” rating to a “hold” rating in a research report on Monday, November 4th.

Shares of NASDAQ:CYBE opened at $18.00 on Monday. The company has a market cap of $128.31 million, a P/E ratio of 75.00, a P/E/G ratio of 16.67 and a beta of 0.17. The company has a quick ratio of 3.65, a current ratio of 5.57 and a debt-to-equity ratio of 0.06. CyberOptics has a 52 week low of $11.55 and a 52 week high of $22.61. The business has a fifty day simple moving average of $17.78 and a 200-day simple moving average of $15.39.

CyberOptics (NASDAQ:CYBE) last posted its quarterly earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.01). CyberOptics had a net margin of 2.97% and a return on equity of 3.14%. The firm had revenue of $12.39 million for the quarter. Sell-side analysts expect that CyberOptics will post 0.09 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of CYBE. River & Mercantile Asset Management LLP purchased a new stake in CyberOptics during the second quarter valued at about $1,914,000. Marshall Wace LLP grew its position in CyberOptics by 193.7% during the second quarter. Marshall Wace LLP now owns 48,457 shares of the scientific and technical instruments company’s stock valued at $786,000 after acquiring an additional 31,956 shares during the period. D. E. Shaw & Co. Inc. purchased a new stake in CyberOptics during the second quarter valued at about $239,000. Acadian Asset Management LLC grew its position in CyberOptics by 727.4% during the second quarter. Acadian Asset Management LLC now owns 9,556 shares of the scientific and technical instruments company’s stock valued at $156,000 after acquiring an additional 8,401 shares during the period. Finally, Marshall Wace North America L.P. purchased a new stake in CyberOptics during the first quarter valued at about $74,000. 54.27% of the stock is owned by hedge funds and other institutional investors.

About CyberOptics

CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide. Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets to improve yields and productivity. The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems.

Read More: Dividend Achievers

Receive News & Ratings for CyberOptics Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for CyberOptics and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

CDW (NASDAQ:CDW) Stock Position Reduced by Atlanta Capital Management Co. LLC

AQR Capital Management LLC increased its position in shares of CDW by 65.6% during the first quarter. AQR Capital Management LLC now owns …

CDW logoAtlanta Capital Management Co. L L C cut its position in shares of CDW (NASDAQ:CDW) by 5.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,893,723 shares of the information technology services provider’s stock after selling 283,340 shares during the period. CDW makes up 2.4% of Atlanta Capital Management Co. L L C’s holdings, making the stock its 6th biggest holding. Atlanta Capital Management Co. L L C owned 3.38% of CDW worth $543,203,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CDW. AQR Capital Management LLC increased its position in shares of CDW by 65.6% during the first quarter. AQR Capital Management LLC now owns 3,418,230 shares of the information technology services provider’s stock valued at $328,150,000 after acquiring an additional 1,354,651 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in CDW by 5.9% during the 1st quarter. JPMorgan Chase & Co. now owns 3,053,205 shares of the information technology services provider’s stock worth $294,237,000 after acquiring an additional 168,943 shares in the last quarter. American Century Companies Inc. grew its holdings in CDW by 10.6% during the 1st quarter. American Century Companies Inc. now owns 2,384,709 shares of the information technology services provider’s stock worth $229,814,000 after acquiring an additional 228,818 shares in the last quarter. Wells Fargo & Company MN grew its holdings in CDW by 37.3% during the 2nd quarter. Wells Fargo & Company MN now owns 2,226,277 shares of the information technology services provider’s stock worth $247,117,000 after acquiring an additional 604,539 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in CDW by 11.9% during the 4th quarter. Geode Capital Management LLC now owns 1,598,078 shares of the information technology services provider’s stock worth $129,445,000 after acquiring an additional 169,507 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors.

In related news, insider Robert F. Kirby sold 1,300 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $116.22, for a total value of $151,086.00. Following the completion of the sale, the insider now owns 35,070 shares in the company, valued at approximately $4,075,835.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Jill M. Billhorn sold 500 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $111.69, for a total transaction of $55,845.00. Following the completion of the sale, the insider now owns 14,755 shares of the company’s stock, valued at approximately $1,647,985.95. The disclosure for this sale can be found here. Insiders have sold a total of 196,040 shares of company stock valued at $21,620,238 in the last 90 days. Insiders own 2.25% of the company’s stock.

Several research analysts have commented on CDW shares. Bank of America started coverage on shares of CDW in a report on Tuesday, July 30th. They set a “buy” rating and a $140.00 price target for the company. Morgan Stanley boosted their price target on shares of CDW from $97.00 to $106.00 and gave the stock an “equal weight” rating in a report on Friday, July 26th. JPMorgan Chase & Co. downgraded shares of CDW from a “neutral” rating to an “underweight” rating and set a $116.00 price objective for the company. in a research report on Monday, August 5th. They noted that the move was a valuation call. ValuEngine downgraded shares of CDW from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Credit Suisse Group boosted their price objective on shares of CDW from $118.00 to $132.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $118.13.

Shares of NASDAQ:CDW opened at $111.71 on Friday. The company has a market capitalization of $16.54 billion, a PE ratio of 20.86, a P/E/G ratio of 1.55 and a beta of 1.10. The company has a current ratio of 1.28, a quick ratio of 1.09 and a debt-to-equity ratio of 3.57. CDW has a twelve month low of $74.32 and a twelve month high of $120.82. The firm has a 50 day simple moving average of $114.12 and a 200-day simple moving average of $106.56.

CDW (NASDAQ:CDW) last issued its quarterly earnings data on Wednesday, July 31st. The information technology services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.10. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.50 billion. CDW had a net margin of 4.07% and a return on equity of 82.78%. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 EPS. As a group, equities research analysts predict that CDW will post 5.62 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 26th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $1.18 annualized dividend and a dividend yield of 1.06%. CDW’s dividend payout ratio is presently 23.14%.

CDW Company Profile

CDW Corporation provides integrated information technology (IT) solutions to business, government, education, and healthcare customers in the United States, Canada, and the United Kingdom. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products, as well as integrated IT solutions, including mobility, security, data center optimization, cloud computing, virtualization, and collaboration.

See Also: Balanced Fund

Institutional Ownership by Quarter for CDW (NASDAQ:CDW)

Receive News & Ratings for CDW Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for CDW and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts