CrowdStrike $CRWD Shares Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC boosted its stake in shares of CrowdStrike (NASDAQ:CRWD) by 279.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,844 shares of the company’s stock after acquiring an additional 2,094 shares during the quarter. Sax Wealth Advisors LLC’s holdings in CrowdStrike were worth $1,448,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Jennison Associates LLC raised its stake in shares of CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of CrowdStrike by 52.6% during 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 buying an additional 955,529 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after buying an additional 760,222 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after buying an additional 352,473 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CRWD. New Street Research set a $460.00 target price on CrowdStrike in a research note on Thursday, August 28th. Weiss Ratings reissued a “sell (d)” rating on shares of CrowdStrike in a research note on Saturday, September 27th. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research note on Thursday, September 18th. Capital One Financial increased their target price on CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Finally, KeyCorp raised their price objective on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $491.81.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $484.62 on Wednesday. CrowdStrike has a 1-year low of $286.78 and a 1-year high of $517.98. The company has a market capitalization of $121.62 billion, a P/E ratio of -407.24, a PEG ratio of 116.54 and a beta of 1.19. The business has a 50 day moving average price of $447.07 and a 200 day moving average price of $441.74. 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 (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares in the company, valued at approximately $109,257,564.08. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 132,816 shares of company stock worth $62,606,356 in the last quarter. 3.32% of the stock is currently owned by corporate insiders.

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.