Wealthfront Advisers LLC Buys 3,695 Shares of CrowdStrike $CRWD

Wealthfront Advisers LLC raised its stake in CrowdStrike (NASDAQ:CRWD) by 17.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,144 shares of the company’s stock after buying an additional 3,695 shares during the period. Wealthfront Advisers LLC’s holdings in CrowdStrike were worth $12,806,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Atlatl Advisers LLC bought a new stake in shares of CrowdStrike during the 2nd quarter valued at about $234,000. Optimum Investment Advisors boosted its position in shares of CrowdStrike by 20.3% during the 2nd quarter. Optimum Investment Advisors now owns 320 shares of the company’s stock valued at $163,000 after purchasing an additional 54 shares in the last quarter. Whipplewood Advisors LLC boosted its position in shares of CrowdStrike by 84.2% during the 2nd quarter. Whipplewood Advisors LLC now owns 407 shares of the company’s stock valued at $207,000 after purchasing an additional 186 shares in the last quarter. Interchange Capital Partners LLC boosted its position in shares of CrowdStrike by 1.8% during the 2nd quarter. Interchange Capital Partners LLC now owns 3,985 shares of the company’s stock valued at $2,030,000 after purchasing an additional 71 shares in the last quarter. Finally, Brighton Jones LLC boosted its holdings in CrowdStrike by 566.2% in the second quarter. Brighton Jones LLC now owns 7,754 shares of the company’s stock worth $3,949,000 after acquiring an additional 6,590 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% 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, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the sale, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders sold 158,090 shares of company stock valued at $75,500,649 over the last three months. Insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $527.32 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $132.34 billion, a price-to-earnings ratio of -443.12, a PEG ratio of 123.92 and a beta of 1.19. The stock has a 50 day moving average of $463.35 and a 200 day moving average of $455.76. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $535.52.

CrowdStrike (NASDAQ:CRWD) last released 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. 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 last year, the business 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. As a group, sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on CRWD shares. KeyCorp increased their price target on CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Oppenheimer increased their price target on CrowdStrike from $520.00 to $560.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Sanford C. Bernstein cut their price target on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a report on Thursday, August 28th. New Street Research set a $460.00 price target on CrowdStrike in a report on Thursday, August 28th. Finally, Canaccord Genuity Group increased their price target on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a report on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $496.47.

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.