Bridges Investment Management Inc. Has $221,000 Holdings in CrowdStrike $CRWD

Bridges Investment Management Inc. cut its position in CrowdStrike (NASDAQ:CRWD) by 48.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 433 shares of the company’s stock after selling 403 shares during the quarter. Bridges Investment Management Inc.’s holdings in CrowdStrike were worth $221,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

CRWD has been the subject of several research analyst reports. Robert W. Baird lifted their target price on CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Cfra reiterated a “hold” rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Weiss Ratings restated a “sell (d)” rating on shares of CrowdStrike in a research note on Wednesday, October 8th. Finally, Piper Sandler reduced their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $494.95.

CrowdStrike Trading Up 0.5%

CRWD stock opened at $484.65 on Friday. CrowdStrike has a 52 week low of $294.68 and a 52 week high of $517.98. The company has a market capitalization of $121.63 billion, a PE ratio of -407.27, a price-to-earnings-growth ratio of 113.32 and a beta of 1.19. The company’s 50-day simple moving average is $455.15 and its 200 day simple moving average is $448.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last posted 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. 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 during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In other 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 completion of the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Michael Sentonas sold 10,000 shares of the stock in a transaction on Friday, October 10th. The stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president directly owned 354,116 shares in the company, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock valued at $75,500,649 in the last quarter. Company insiders own 3.32% of the company’s stock.

About CrowdStrike

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.