PFG Investments LLC lifted its stake in CrowdStrike (NASDAQ:CRWD – Free Report) by 5.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,873 shares of the company’s stock after buying an additional 311 shares during the period. PFG Investments LLC’s holdings in CrowdStrike were worth $2,991,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in CrowdStrike during the first quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC raised its position in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike in the 1st quarter valued at about $30,000. 71.16% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. The Goldman Sachs Group lifted their target price on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Daiwa Capital Markets boosted their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. BMO Capital Markets boosted their price target on shares of CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, September 18th. Jefferies Financial Group upped their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $484.95.
CrowdStrike Stock Performance
Shares of CRWD stock traded up $2.84 during trading on Wednesday, reaching $493.22. 394,276 shares of the company’s stock were exchanged, compared to its average volume of 3,670,743. The firm’s fifty day moving average price is $444.31 and its 200-day moving average price is $437.34. The stock has a market capitalization of $123.78 billion, a PE ratio of -415.56, a PEG ratio of 114.78 and a beta of 1.12. CrowdStrike has a twelve month low of $274.86 and a twelve 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.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings results 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 the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company 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, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.
Insider Buying and Selling
In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Sentonas sold 11,561 shares of CrowdStrike stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.69, for a total value of $5,730,672.09. Following the completion of the transaction, the president owned 399,116 shares of the company’s stock, valued at approximately $197,837,810.04. This trade represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 119,066 shares of company stock valued at $55,809,043. Corporate 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.
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