GAM Holding AG Reduces Stock Holdings in CrowdStrike $CRWD

GAM Holding AG lowered its position in CrowdStrike (NASDAQ:CRWD) by 21.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,723 shares of the company’s stock after selling 1,310 shares during the quarter. GAM Holding AG’s holdings in CrowdStrike were worth $2,405,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Cloud Capital Management LLC purchased a new position in CrowdStrike in the first quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its position in 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 acquiring an additional 40 shares during the period. Vision Financial Markets LLC purchased a new position in CrowdStrike in the first quarter worth approximately $26,000. AlphaQuest LLC purchased a new position in shares of CrowdStrike during the 2nd quarter worth $26,000. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike during the 1st quarter worth $30,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CRWD shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th. Wedbush reaffirmed a “buy” rating on shares of CrowdStrike in a research report on Thursday, August 28th. BMO Capital Markets increased their price objective on shares of CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, September 18th. Robert W. Baird increased their price objective on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Finally, Needham & Company LLC raised their price target on CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $505.78.

CrowdStrike Stock Performance

Shares of CRWD opened at $543.01 on Friday. The stock has a 50-day simple moving average of $475.45 and a 200-day simple moving average of $460.93. 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 stock has a market capitalization of $136.27 billion, a PE ratio of -456.31, a PEG ratio of 126.59 and a beta of 1.19. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $553.64.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 return on equity of 1.53% and a negative net margin of 6.84%.The business’s quarterly revenue was up 21.4% compared to the same quarter last year. 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. On average, analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the sale, the chief financial officer directly owned 231,130 shares of the company’s stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their position. The transaction was disclosed in a document filed 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 dated Tuesday, August 5th. The stock was 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 trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 156,840 shares of company stock worth $75,350,186 over the last three months. 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.