Philip James Wealth Mangement LLC increased its position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 1.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,948 shares of the company’s stock after purchasing an additional 35 shares during the quarter. Philip James Wealth Mangement LLC’s holdings in CrowdStrike were worth $992,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in shares of CrowdStrike by 20.4% during the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock worth $447,000 after purchasing an additional 215 shares during the period. OLD National Bancorp IN acquired a new position in CrowdStrike in the first quarter valued at approximately $248,000. Bessemer Group Inc. lifted its holdings in CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after acquiring an additional 98 shares during the period. Geneos Wealth Management Inc. lifted its holdings in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after acquiring an additional 5,998 shares during the period. Finally, Benchmark Investment Advisors LLC lifted its holdings in CrowdStrike by 90.8% in the first quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock valued at $3,613,000 after acquiring an additional 4,877 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have issued reports on CRWD. New Street Research set a $460.00 price target on CrowdStrike in a report on Thursday, August 28th. Cantor Fitzgerald boosted their price target on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Susquehanna boosted their price target on CrowdStrike from $425.00 to $530.00 and gave the company a “positive” rating in a report on Wednesday, June 4th. Raymond James Financial reissued an “outperform” rating and issued a $485.00 price target (up from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $484.95.
CrowdStrike Stock Up 2.0%
Shares of CRWD opened at $499.96 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a one year low of $274.86 and a one year high of $517.98. The stock has a market capitalization of $125.47 billion, a price-to-earnings ratio of -420.13, a PEG ratio of 115.24 and a beta of 1.19. The stock has a 50 day moving average price of $445.08 and a 200 day moving average price of $437.78.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The firm’s revenue for the quarter 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 forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
Insider Activity
In related news, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,762 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at $17,972,184.55. The trade was a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 112,816 shares of company stock valued at $52,606,356 in the last three months. Company 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.
See Also
- Five stocks we like better than CrowdStrike
- Dividend Capture Strategy: What You Need to Know
- Datavault AI: The New AI Contender Backed by Big Funding
- How to Invest in Blue Chip Stocks
- CoreWeave: Why the New King of AI Infrastructure Has Room to Run
- What is the Shanghai Stock Exchange Composite Index?
- Top 3 Dividend Achievers for October: High Yields, Growth Ahead
Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike (NASDAQ:CRWD – Free Report).
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.