CrowdStrike $CRWD Shares Sold by M3 Advisory Group LLC

M3 Advisory Group LLC lessened its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 3.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 904 shares of the company’s stock after selling 34 shares during the quarter. M3 Advisory Group LLC’s holdings in CrowdStrike were worth $460,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its position in CrowdStrike by 20.4% during the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock worth $447,000 after acquiring an additional 215 shares during the period. Bessemer Group Inc. boosted its position in CrowdStrike by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock worth $783,000 after acquiring an additional 98 shares during the period. Geneos Wealth Management Inc. boosted its position in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after acquiring an additional 5,998 shares during the period. Benchmark Investment Advisors LLC boosted its position in CrowdStrike by 90.8% during the 1st quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock worth $3,613,000 after acquiring an additional 4,877 shares during the period. Finally, Ascent Group LLC acquired a new position in CrowdStrike during the 1st quarter worth $1,596,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the subject of several research analyst reports. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. Stephens upped their price objective on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday. Robert W. Baird upped their price objective on CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a report on Friday, September 19th. The Goldman Sachs Group upped 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. Finally, New Street Research set a $460.00 price objective on CrowdStrike in a report on Thursday, August 28th. One research 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $493.33.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the transaction, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the transaction, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. The trade was a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 157,816 shares of company stock valued at $75,331,356 over the last ninety days. Company insiders own 3.32% of the company’s stock.

CrowdStrike Stock Down 3.0%

Shares of CrowdStrike stock opened at $493.66 on Monday. The stock’s fifty day moving average is $450.04 and its 200-day moving average is $444.95. The firm has a market capitalization of $123.89 billion, a PE ratio of -414.84, a price-to-earnings-growth ratio of 116.01 and a beta of 1.19. The company has a quick ratio of 1.88, a current 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 announced its 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. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. Equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

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.