Compass Financial Services Inc grew its position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 36.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 192 shares of the company’s stock after buying an additional 51 shares during the quarter. Compass Financial Services Inc’s holdings in CrowdStrike were worth $68,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of the company. Nuveen LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth approximately $595,766,000. Jennison Associates LLC raised its holdings in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. GAMMA Investing LLC raised its holdings in shares of CrowdStrike by 50,536.2% in the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock worth $383,132,000 after purchasing an additional 1,084,506 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after purchasing an additional 955,529 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the period. Institutional investors own 71.16% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $485.00 price target (up previously from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Barclays set a $500.00 price target on shares of CrowdStrike in a report on Tuesday, June 3rd. Morgan Stanley lowered their price target on shares of CrowdStrike from $495.00 to $460.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. JMP Securities reaffirmed a “market outperform” rating and issued a $500.00 price target on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $460.10.
Insider Transactions at CrowdStrike
In other news, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the completion of the transaction, the director directly owned 774,761 shares in the company, valued at approximately $346,387,895.49. The trade was a 0.80% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 143,734 shares of company stock valued at $67,337,728. Corporate insiders own 3.32% of the company’s stock.
CrowdStrike Trading Up 2.0%
Shares of CRWD stock opened at $433.38 on Friday. The company’s fifty day simple moving average is $447.53 and its two-hundred day simple moving average is $426.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 1 year low of $252.48 and a 1 year high of $517.98. The stock has a market capitalization of $108.76 billion, a price-to-earnings ratio of -364.18, a PEG ratio of 132.97 and a beta of 1.12.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.
CrowdStrike Profile
CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.
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