CrowdStrike $CRWD Position Boosted by Creekmur Asset Management LLC

Creekmur Asset Management LLC increased its holdings in CrowdStrike (NASDAQ:CRWD) by 48.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,162 shares of the company’s stock after purchasing an additional 1,036 shares during the quarter. Creekmur Asset Management LLC’s holdings in CrowdStrike were worth $1,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. AlphaQuest LLC acquired a new position in shares of CrowdStrike during the second quarter valued at approximately $26,000. Financial Management Professionals Inc. boosted its stake in CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares in the last quarter. Wealth Watch Advisors INC bought a new position in CrowdStrike during the 2nd quarter valued at $37,000. Cloud Capital Management LLC bought a new position in CrowdStrike during the 1st quarter valued at $25,000. Finally, Vision Financial Markets LLC bought a new position in CrowdStrike during the 1st quarter valued at $26,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research reports. Stifel Nicolaus increased their price target on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Stephens increased their price target on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Truist Financial increased their price target on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Barclays increased their price target on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Finally, DZ Bank downgraded CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a research report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $505.78.

Insider Buying and Selling

In other news, 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 completion of the sale, the president owned 354,116 shares in the company, valued at $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Anurag Saha sold 1,762 shares of the stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the completion of the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at $17,972,184.55. The trade was a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 156,840 shares of company stock valued at $75,350,186. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $538.68 on Friday. The stock has a fifty day moving average of $473.00 and a 200-day moving average of $459.79. CrowdStrike has a one year low of $294.68 and a one year high of $553.64. 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 company has a market capitalization of $135.19 billion, a PE ratio of -452.67, a price-to-earnings-growth ratio of 128.19 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted 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. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the business 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. As a group, equities analysts anticipate 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.