Accel Wealth Management purchased a new position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 528 shares of the company’s stock, valued at approximately $269,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of 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 in the last quarter. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of 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 in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of CrowdStrike during the 1st quarter worth about $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on CRWD shares. Morgan Stanley increased their target price on shares of CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 18th. UBS Group lowered their target price on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Jefferies Financial Group increased their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. DZ Bank lowered shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a research note on Wednesday, September 24th. Finally, Needham & Company LLC increased their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $487.11.
CrowdStrike Stock Down 1.4%
CRWD stock opened at $489.88 on Monday. The firm has a market cap of $122.94 billion, a PE ratio of -411.66, a PEG ratio of 115.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The firm’s 50 day moving average price is $446.22 and its 200-day moving average price is $440.50. CrowdStrike has a one year low of $283.80 and a one year high of $517.98.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. On average, equities research analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.
Insider Buying and Selling
In other CrowdStrike news, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Burt W. Podbere sold 10,706 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value 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 approximately $109,257,564.08. The trade was a 4.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 132,816 shares of company stock valued at $62,606,356 over the last quarter. 3.32% of the stock is owned by corporate insiders.
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.
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