Robertson Stephens Wealth Management LLC Increases Stake in CrowdStrike $CRWD

Robertson Stephens Wealth Management LLC boosted its stake in CrowdStrike (NASDAQ:CRWD) by 11.7% during the second quarter, Holdings Channel.com reports. The firm owned 1,171 shares of the company’s stock after buying an additional 123 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in CrowdStrike were worth $596,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Patron Partners LLC increased its stake in CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after purchasing an additional 22 shares during the period. Real Talk Capital LLC increased its stake in CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares during the period. Tradewinds Capital Management LLC grew its position in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after buying an additional 25 shares during the last quarter. Close Asset Management Ltd grew its position in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after buying an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. grew its position in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 157,816 shares of company stock worth $75,331,356 over the last three months. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 3.0%

Shares of NASDAQ:CRWD opened at $493.66 on Friday. The stock has a fifty day simple moving average of $450.04 and a two-hundred day simple moving average of $444.40. The stock has a market capitalization of $123.89 billion, a price-to-earnings ratio of -414.84, a PEG ratio of 116.00 and a beta of 1.19. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. 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) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion during 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%.The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of recent analyst reports. DZ Bank lowered CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective on the stock. in a research report on Wednesday, September 24th. Stephens lifted their price objective on CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday. Capital One Financial lifted their price objective on CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Wells Fargo & Company lifted their price objective on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. Finally, Cantor Fitzgerald lifted their price objective on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” 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 given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $493.33.

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.