Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 191 Shares of CrowdStrike $CRWD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its position in shares of CrowdStrike (NASDAQ:CRWD) by 7.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,475 shares of the company’s stock after selling 191 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in CrowdStrike were worth $1,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CRWD. Cloud Capital Management LLC bought a new stake in CrowdStrike during the 1st quarter worth $25,000. Atlantic Edge Private Wealth Management LLC grew 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 acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new stake in CrowdStrike during the 1st quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. grew its position in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new stake in shares of CrowdStrike in the 1st quarter valued at about $30,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of analyst reports. Sanford C. Bernstein reduced their price target on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research report on Thursday, August 28th. Citigroup reiterated an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. KeyCorp boosted their price objective on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Finally, DA Davidson boosted their price objective on CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $487.11.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the president owned 379,116 shares in the company, valued at $189,558,000. This represents a 5.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,762 shares of the company’s stock in a transaction that occurred 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 directly owned 37,255 shares in the company, valued at $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock valued at $62,606,356 over the last ninety days. Insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $489.88 on Friday. The firm has a market capitalization of $122.94 billion, a price-to-earnings ratio of -411.66, a P/E/G ratio of 115.12 and a beta of 1.19. CrowdStrike has a 52-week low of $283.80 and a 52-week high of $517.98. The stock has a fifty day moving average of $446.22 and a 200 day moving average of $440.01. 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 (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the business earned $1.04 EPS. CrowdStrike’s revenue 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. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal 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.