BSW Wealth Partners acquired a new stake in CrowdStrike (NASDAQ:CRWD – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 600 shares of the company’s stock, valued at approximately $306,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC raised its holdings in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike in the first quarter valued at $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Canaccord Genuity Group boosted their price objective on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. JMP Securities increased their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a research report on Tuesday, September 23rd. Morgan Stanley raised their price objective on shares of CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 18th. Stifel Nicolaus upped their target price on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Finally, Macquarie increased their target price on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $484.95.
CrowdStrike Price Performance
CRWD stock opened at $496.80 on Friday. The stock has a market capitalization of $124.68 billion, a price-to-earnings ratio of -417.48, a price-to-earnings-growth ratio of 117.49 and a beta of 1.19. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52-week low of $278.56 and a 52-week high of $517.98. The stock’s fifty day simple moving average is $445.78 and its 200-day simple moving average is $438.69.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the firm posted $1.04 earnings per share. The business’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities research analysts expect that CrowdStrike will post 0.55 EPS for the current year.
Insider Activity at CrowdStrike
In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 112,816 shares of company stock worth $52,606,356. Corporate insiders own 3.32% of the company’s stock.
CrowdStrike Company 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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