Kickstand Ventures LLC. Acquires New Shares in CrowdStrike $CRWD

Kickstand Ventures LLC. acquired a new stake in shares of CrowdStrike (NASDAQ:CRWD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 474 shares of the company’s stock, valued at approximately $241,000.

Several other institutional investors also recently modified their holdings of the business. Financial Management Professionals Inc. lifted its holdings in CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after acquiring an additional 34 shares during the period. Cloud Capital Management LLC bought a new position in CrowdStrike in the first quarter valued at about $25,000. Vision Financial Markets LLC bought a new position in CrowdStrike in the first quarter valued at about $26,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. lifted 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 acquiring an additional 58 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CRWD shares. JMP Securities increased their target price on CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a report on Tuesday, September 23rd. DA Davidson increased their target price on CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a research note on Tuesday, September 23rd. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, BMO Capital Markets lifted their price objective on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $487.11.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the sale, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 132,816 shares of company stock valued at $62,606,356 over the last 90 days. 3.32% of the stock is currently owned by insiders.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $489.88 on Friday. 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 $283.80 and a 1 year high of $517.98. The stock’s 50 day simple moving average is $446.22 and its two-hundred day simple moving average is $440.01. The company has a market cap of $122.94 billion, a price-to-earnings ratio of -411.66, a PEG ratio of 115.12 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS. 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, equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal 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.