Draper Asset Management LLC Purchases 1,619 Shares of CrowdStrike $CRWD

Draper Asset Management LLC increased its position in shares of CrowdStrike (NASDAQ:CRWD) by 59.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,358 shares of the company’s stock after acquiring an additional 1,619 shares during the period. CrowdStrike makes up about 1.4% of Draper Asset Management LLC’s holdings, making the stock its 12th biggest position. Draper Asset Management LLC’s holdings in CrowdStrike were worth $2,176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Cloud Capital Management LLC bought a new position in shares of CrowdStrike in the 1st quarter worth $25,000. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of CrowdStrike by 114.3% in the 1st 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 during the last quarter. Vision Financial Markets LLC bought a new position in shares of CrowdStrike in the 1st quarter worth $26,000. Neo Ivy Capital Management bought a new position in shares of CrowdStrike in the 1st quarter worth $30,000. Finally, Saudi Central Bank bought a new position in shares of CrowdStrike in the 1st quarter worth $34,000. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of the firm’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares of the company’s stock, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 158,090 shares of company stock worth $75,500,649 over the last ninety days. 3.32% of the stock is owned by company insiders.

CrowdStrike Trading Up 4.4%

Shares of CRWD opened at $521.98 on Friday. The stock has a market capitalization of $131.00 billion, a P/E ratio of -438.63, a PEG ratio of 117.52 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. The firm has a fifty day simple moving average of $461.36 and a two-hundred day simple moving average of $452.92. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $522.43.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, research analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CRWD shares. Morgan Stanley increased their price target on shares of CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a report on Thursday, September 18th. Cantor Fitzgerald increased their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. Deutsche Bank Aktiengesellschaft increased their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a report on Thursday, September 18th. Finally, Robert W. Baird increased their target price on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a report on Friday, September 19th. 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 issued a Sell rating to the company. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $496.47.

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.