CrowdStrike $CRWD Shares Bought by NorthRock Partners LLC

NorthRock Partners LLC boosted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 29.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,471 shares of the company’s stock after buying an additional 1,471 shares during the quarter. NorthRock Partners LLC’s holdings in CrowdStrike were worth $3,296,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the 1st quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in CrowdStrike during the 1st quarter valued at about $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders sold 157,816 shares of company stock worth $75,331,356 over the last three months. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $493.66 on Monday. The company has a market capitalization of $123.89 billion, a P/E ratio of -414.84, a P/E/G ratio of 116.01 and a beta of 1.19. The business’s 50 day moving average is $450.04 and its two-hundred day moving average is $444.95. 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 has a 12-month low of $294.68 and a 12-month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company 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 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. Analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several research analyst reports. UBS Group dropped their price target on CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. The Goldman Sachs Group boosted their price target on CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. Cantor Fitzgerald boosted their price target on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Finally, Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $493.33.

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.