Vivid Wealth Management LLC cut its holdings in CrowdStrike (NASDAQ:CRWD – Free Report) by 19.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,052 shares of the company’s stock after selling 1,475 shares during the quarter. CrowdStrike accounts for 1.4% of Vivid Wealth Management LLC’s investment portfolio, making the stock its 20th largest holding. Vivid Wealth Management LLC’s holdings in CrowdStrike were worth $3,082,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. lifted its stake 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 buying an additional 34 shares during the period. Cloud Capital Management LLC acquired a new position in CrowdStrike in the first quarter valued at approximately $25,000. Vision Financial Markets LLC acquired a new position in CrowdStrike in the first quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC lifted its stake 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 buying an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. lifted its stake 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 buying an additional 58 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on CRWD shares. Wells Fargo & Company boosted their price objective on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. The Goldman Sachs Group boosted their price objective on CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a report on Friday, September 19th. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a report on Thursday, September 18th. Finally, Cantor Fitzgerald boosted their price objective on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $493.33.
CrowdStrike Trading Down 0.2%
Shares of CrowdStrike stock opened at $509.13 on Friday. The stock has a fifty day simple moving average of $449.10 and a 200 day simple moving average of $443.15. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The company has a market capitalization of $127.77 billion, a P/E ratio of -427.84, a price-to-earnings-growth ratio of 119.83 and a beta of 1.19. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping 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 business 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 company posted $1.04 earnings per share. CrowdStrike’s 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. On average, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
Insider Buying and Selling at CrowdStrike
In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the transaction, the president owned 379,116 shares in the company, valued at $189,558,000. This represents a 5.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 132,816 shares of company stock valued at $62,606,356 in the last three months. Insiders own 3.32% of the company’s stock.
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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