Ethos Financial Group LLC Makes New Investment in CrowdStrike $CRWD

Ethos Financial Group LLC acquired a new position in CrowdStrike (NASDAQ:CRWD) during the second quarter, according to its most recent filing with the SEC. The firm acquired 564 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Vision Financial Markets LLC purchased a new position in CrowdStrike during the 1st quarter valued at $26,000. AlphaQuest LLC bought a new stake in shares of CrowdStrike during the 2nd quarter valued at about $26,000. Neo Ivy Capital Management bought a new stake in shares of CrowdStrike during the 1st quarter valued at about $30,000. Saudi Central Bank purchased a new position in shares of CrowdStrike during the first quarter valued at about $34,000. Finally, Financial Management Professionals Inc. raised its stake in CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after buying an additional 34 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CRWD shares. Bank of America lifted their price objective on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research report on Monday, October 20th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. Wells Fargo & Company increased their price objective on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Finally, Truist Financial boosted their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a 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 given a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $510.80.

Insider Activity

In other news, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. This trade represents a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 116,622 shares of company stock worth $58,561,456. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 1.4%

NASDAQ CRWD opened at $539.81 on Friday. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $555.81. 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 stock’s fifty day moving average price is $486.81 and its 200-day moving average price is $466.52. The stock has a market cap of $135.47 billion, a P/E ratio of -453.62, a P/E/G ratio of 125.14 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly 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 net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the business posted $1.04 EPS. CrowdStrike’s revenue 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, equities analysts forecast 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.