Russell Investments Group Ltd. Boosts CrowdStrike Holdings, Stock Holdings by $2.71 Million

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CROWDSTRIKE HOLDINGS ($NASDAQ:CRWD), INC. is a provider of security technology and services. The company offers a cloud-based endpoint security solution that delivers next-generation antivirus, endpoint detection and response, managed detection and response, and threat intelligence services.

Price History

This move comes as the company’s stock price has been on the rise in recent months. Russell Investments Group Ltd.’s increase in holdings is a vote of confidence in the company and its future prospects. With the cybersecurity industry expected to continue to grow in the coming years, CrowdStrike Holdings, Inc. is well positioned to capitalize on this trend.

VI Analysis

CrowdStrike Holdings, Inc. is an American technology company headquartered in Sunnyvale, California. It provides endpoint security, threat intelligence, and cyber attack response services. CrowdStrike’s primary competitors are Symantec, McAfee, and Carbon Black. The company has a strong growth potential as it is strong in growth, medium in asset and weak in dividend, profitability.

However, it is also considered less stable due to lower profitability. Investors interested in such company may be attracted to its high revenue or earnings growth potential. However, they should be aware of the company’s lower profitability which could impact its stability.

VI Peers

It is no secret that the competition between CrowdStrike Holdings Inc and its competitors is fierce. Zscaler Inc, SentinelOne Inc, Palo Alto Networks Inc are all battling it out for market share in the cybersecurity industry. While each company has its own unique strengths and weaknesses, CrowdStrike seems to be gaining ground on its competitors.

– Zscaler Inc ($NASDAQ:ZS)

Zscaler Inc is a publicly traded American internet security company headquartered in San Jose, California. Zscaler provides cloud security, network security, and cybersecurity services for enterprises, government organizations, and service providers around the world. The company was founded in 2007 by Jay Chaudhry and K.K. Mookhey.

Zscaler has a market cap of $19.36 billion as of 2022 and a return on equity of -37.32%. The company provides internet security services for enterprises, government organizations, and service providers around the world.

– SentinelOne Inc ($NYSE:S)

SentinelOne is a cyber security company that specializes in endpoint security. The company was founded in 2013 and is headquartered in Mountain View, California. As of 2022, SentinelOne has a market cap of $5.82B and a return on equity of -12.5%. The company’s primary product is a security platform that uses machine learning and artificial intelligence to protect endpoint devices from malware and other threats.

– Palo Alto Networks Inc ($NASDAQ:PANW)

Palo Alto Networks is a publicly traded cybersecurity company with a market capitalization of $47.44 billion as of April 2021. The company’s return on equity (ROE) for 2020 was -42.69%. Palo Alto Networks provides a platform for secure network connectivity and security and operates in three segments: Enterprise Security, Network Security, and Cloud Security. The company was founded in 2005 and is headquartered in Santa Clara, California.

Summary

Investing in CrowdStrike Holdings, Inc. may be a good idea for many reasons. The company has a strong business model, is growing rapidly, and has a strong competitive position. In addition, the stock is relatively undervalued, meaning that there is potential for upside if the company can continue to execute well.