Sonora Investment Management Group LLC Buys 83 Shares of CrowdStrike $CRWD

Sonora Investment Management Group LLC grew its holdings in CrowdStrike (NASDAQ:CRWD) by 4.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,933 shares of the company’s stock after purchasing an additional 83 shares during the quarter. Sonora Investment Management Group LLC’s holdings in CrowdStrike were worth $984,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of CrowdStrike in the first quarter valued at about $595,766,000. Jennison Associates LLC lifted its stake in CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. GAMMA Investing LLC lifted its stake in CrowdStrike by 50,536.2% during the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock worth $383,132,000 after purchasing an additional 1,084,506 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after purchasing an additional 955,529 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $512.43, for a total value of $3,202,687.50. Following the completion of the transaction, the director owned 781,011 shares of the company’s stock, valued at $400,213,466.73. This represents a 0.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Burt W. Podbere sold 11,883 shares of the firm’s 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 transaction, the chief financial officer directly owned 231,130 shares of the company’s stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 129,066 shares of company stock worth $60,934,078 over the last 90 days. Insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $481.42 on Friday. The company’s 50 day moving average price is $443.79 and its two-hundred day moving average price is $435.31. CrowdStrike has a 12-month low of $272.67 and a 12-month high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm has a market cap of $120.81 billion, a PE ratio of -404.55, a PEG ratio of 113.13 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share 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 during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. The firm’s quarterly revenue 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. Equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on CRWD shares. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. DZ Bank cut CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price for the company. in a research note on Wednesday. Stephens lifted their target price on shares of CrowdStrike from $510.00 to $525.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. BTIG Research reaffirmed a “buy” rating and set a $489.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Evercore ISI boosted their price target on shares of CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $483.79.

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.