Bernard Wealth Management Corp. Has $2.82 Million Stock Position in CrowdStrike $CRWD

Bernard Wealth Management Corp. trimmed its stake in shares of CrowdStrike (NASDAQ:CRWD) by 8.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,535 shares of the company’s stock after selling 480 shares during the quarter. CrowdStrike accounts for 1.3% of Bernard Wealth Management Corp.’s portfolio, making the stock its 20th largest holding. Bernard Wealth Management Corp.’s holdings in CrowdStrike were worth $2,819,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CRWD. Brighton Jones LLC boosted its holdings in CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after purchasing an additional 2,417 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in CrowdStrike by 43.5% during the first quarter. Harbor Capital Advisors Inc. now owns 4,396 shares of the company’s stock valued at $1,550,000 after purchasing an additional 1,332 shares in the last quarter. GAMMA Investing LLC boosted its holdings in CrowdStrike by 43.6% during the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock valued at $1,087,000 after purchasing an additional 936 shares in the last quarter. CX Institutional acquired a new stake in CrowdStrike during the first quarter valued at approximately $175,000. Finally, Focus Financial Network Inc. boosted its holdings in CrowdStrike by 16.2% during the first quarter. Focus Financial Network Inc. now owns 2,755 shares of the company’s stock valued at $971,000 after purchasing an additional 384 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CRWD shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a report on Wednesday. Rosenblatt Securities reissued a “buy” rating and issued a $490.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. Wells Fargo & Company boosted their target price on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. TD Cowen boosted their target price on CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Finally, BTIG Research reissued a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $493.33.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction 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 sale, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 transaction of $8,817,469.90. Following the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 157,816 shares of company stock worth $75,331,356. 3.32% of the stock is owned by company insiders.

CrowdStrike Stock Down 3.0%

NASDAQ:CRWD opened at $493.66 on Friday. The stock’s fifty day moving average price is $450.04 and its two-hundred day moving average price is $443.90. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $517.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a market cap of $123.89 billion, a price-to-earnings ratio of -414.84, a P/E/G ratio of 119.64 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data 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 firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business earned $1.04 EPS. The business’s revenue for the quarter 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, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

About CrowdStrike

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.