Cwm LLC Decreases Stake in CrowdStrike $CRWD

Cwm LLC trimmed its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 1.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,045 shares of the company’s stock after selling 677 shares during the quarter. Cwm LLC’s holdings in CrowdStrike were worth $33,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CRWD. Brighton Jones LLC increased its position in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after purchasing an additional 2,417 shares during the last quarter. GAMMA Investing LLC increased its position in shares of CrowdStrike by 43.6% during the 1st quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock worth $1,087,000 after purchasing an additional 936 shares during the last quarter. CX Institutional acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $175,000. Goldstone Financial Group LLC increased its position in shares of CrowdStrike by 42.7% during the 1st quarter. Goldstone Financial Group LLC now owns 1,022 shares of the company’s stock worth $360,000 after purchasing an additional 306 shares during the last quarter. Finally, Tritonpoint Wealth LLC increased its position in shares of CrowdStrike by 13.6% during the 1st quarter. Tritonpoint Wealth LLC now owns 735 shares of the company’s stock worth $259,000 after purchasing an additional 88 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Daiwa Capital Markets lifted their target price on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Robert W. Baird lifted their target price on CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. BTIG Research reaffirmed a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Stephens lifted their target price on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $493.33.

Insider Buying and Selling

In other news, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction dated 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 transaction, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 157,816 shares of company stock valued at $75,331,356. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $493.66 on Monday. CrowdStrike has a one year low of $294.68 and a one year high of $517.98. The company has a market cap of $123.89 billion, a PE ratio of -414.84, a P/E/G ratio of 116.01 and a beta of 1.19. 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 business has a 50-day simple moving average of $450.04 and a 200-day simple moving average of $444.95.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the company posted $1.04 earnings per share. The business’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. On average, equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal 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.