111 Capital purchased a new stake in shares of CrowdStrike (NASDAQ:CRWD – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,318 shares of the company’s stock, valued at approximately $671,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Patron Partners LLC raised its holdings in CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after purchasing an additional 22 shares during the last quarter. Real Talk Capital LLC raised its stake in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares during the last quarter. Tradewinds Capital Management LLC lifted its holdings in CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after buying an additional 25 shares during the period. Close Asset Management Ltd boosted its stake in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after acquiring an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. grew its holdings in CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.16% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on CRWD. Wells Fargo & Company increased their price target on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Wednesday. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. KeyCorp boosted their target price on CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Citigroup reiterated an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. Finally, Evercore ISI lifted their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $487.11.
CrowdStrike Stock Performance
CRWD opened at $489.88 on Friday. 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 52-week low of $283.80 and a 52-week high of $517.98. The firm has a market cap of $122.94 billion, a P/E ratio of -411.66, a price-to-earnings-growth ratio of 115.12 and a beta of 1.19. The business’s fifty day moving average is $446.22 and its 200-day moving average is $440.01.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.04 earnings per share. 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 expect that CrowdStrike will post 0.55 EPS for the current fiscal year.
Insider Buying and Selling at CrowdStrike
In other CrowdStrike news, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the sale, the chief financial officer directly 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the completion of the transaction, the chief accounting officer owned 37,255 shares in the company, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 132,816 shares of company stock worth $62,606,356 in the last three months. Company insiders own 3.32% of the company’s stock.
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.
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