Lodestar Private Asset Management LLC Raises Stake in CrowdStrike $CRWD

Lodestar Private Asset Management LLC raised its position in shares of CrowdStrike (NASDAQ:CRWD) by 3.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 774 shares of the company’s stock after purchasing an additional 27 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in CrowdStrike were worth $394,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Financial Management Professionals Inc. lifted its holdings in shares of CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after buying an additional 34 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike in the first quarter worth $25,000. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the first quarter worth $26,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after buying an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 10,706 shares of the 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 sale, the chief financial officer owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Sentonas sold 10,000 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares in the company, valued at approximately $182,369,740. This represents a 2.75% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 157,816 shares of company stock valued at $75,331,356. 3.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CRWD shares. Cfra reissued a “hold” rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Needham & Company LLC boosted their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. BTIG Research reissued a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. Capital One Financial boosted their target price on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Finally, The Goldman Sachs Group boosted their target price on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a report on Friday, September 19th. One 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $493.33.

CrowdStrike Stock Performance

CrowdStrike stock opened at $493.66 on Monday. The company’s 50-day moving average price is $450.04 and its 200-day moving average price is $444.95. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market cap 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.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $1.04 EPS. The business’s quarterly revenue 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 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.