535 Shares in CrowdStrike $CRWD Bought by Hodges Capital Management Inc.

Hodges Capital Management Inc. acquired a new stake in CrowdStrike (NASDAQ:CRWD) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 535 shares of the company’s stock, valued at approximately $272,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike in the first quarter valued at about $26,000. AlphaQuest LLC bought a new position in shares of CrowdStrike during the second quarter worth about $26,000. Neo Ivy Capital Management acquired a new stake in CrowdStrike in the 1st quarter valued at approximately $30,000. Saudi Central Bank acquired a new position in CrowdStrike during the 1st quarter worth approximately $34,000. Finally, Financial Management Professionals Inc. boosted its position in CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after acquiring an additional 34 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the sale, the director owned 765,456 shares of the company’s stock, valued at $421,153,891.20. This trade represents a 0.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the transaction, the chief financial officer owned 218,467 shares in the company, valued at approximately $120,246,421.47. This represents a 0.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 116,622 shares of company stock worth $58,561,456 in the last quarter. Company insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. DA Davidson boosted their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Stifel Nicolaus lifted their price target on shares of CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. BMO Capital Markets boosted their price target 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. Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $440.00 to $600.00 in a report on Thursday, September 25th. Finally, Evercore ISI lifted their target price on CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $510.80.

CrowdStrike Trading Up 3.3%

Shares of NASDAQ:CRWD opened at $557.53 on Tuesday. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $558.98. 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 $139.92 billion, a P/E ratio of -468.51, a price-to-earnings-growth ratio of 126.85 and a beta of 1.16. The company has a 50-day simple moving average of $489.48 and a 200 day simple moving average of $468.79.

CrowdStrike (NASDAQ:CRWD) last released 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company earned $1.04 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike Company 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.