RMG Wealth Management LLC Makes New Investment in CrowdStrike $CRWD

RMG Wealth Management LLC purchased a new position in CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 107 shares of the company’s stock, valued at approximately $51,000.

Several other institutional investors have also modified their holdings of the business. Patron Partners LLC grew its stake in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after acquiring an additional 22 shares in the last quarter. Real Talk Capital LLC grew its stake in shares of CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after acquiring an additional 24 shares in the last quarter. Tradewinds Capital Management LLC grew its stake in shares of CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after acquiring an additional 25 shares in the last quarter. Close Asset Management Ltd grew its stake in shares of CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after acquiring an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. grew its stake in shares of CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were 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 directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $484.62 on Wednesday. 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 $286.78 and a 1 year high of $517.98. The company has a market capitalization of $121.62 billion, a PE ratio of -407.24, a P/E/G ratio of 116.54 and a beta of 1.19. The company has a fifty day moving average of $447.07 and a two-hundred day moving average of $441.74.

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, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm posted $1.04 earnings per share. CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. 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 expect that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CRWD. Roth Capital reiterated a “buy” rating and set a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research note on Thursday, September 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of CrowdStrike in a research note on Saturday, September 27th. Finally, Mizuho boosted their target price on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $491.81.

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.