Blue Zone Wealth Advisors LLC Trims Stock Position in CrowdStrike $CRWD

Blue Zone Wealth Advisors LLC cut its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 4.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 17,430 shares of the company’s stock after selling 874 shares during the period. CrowdStrike accounts for approximately 2.2% of Blue Zone Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Blue Zone Wealth Advisors LLC’s holdings in CrowdStrike were worth $8,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in shares of CrowdStrike by 20.4% in the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock valued at $447,000 after purchasing an additional 215 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of 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 purchasing an additional 98 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of 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 purchasing an additional 5,998 shares in the last quarter. Benchmark Investment Advisors LLC lifted its holdings in shares of 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 purchasing an additional 4,877 shares in the last quarter. Finally, CX Institutional bought a new stake in shares of CrowdStrike in the first quarter valued at about $175,000. 71.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold 157,816 shares of company stock worth $75,331,356 in the last three months. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $493.66 on Friday. The business’s 50 day moving average price is $450.04 and its two-hundred day moving average price is $443.90. The company has a market cap of $123.89 billion, a PE ratio of -414.84, a price-to-earnings-growth ratio of 119.64 and a beta of 1.19. 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 has a twelve month low of $294.68 and a twelve month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion for 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 business’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. On average, analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Roth Capital restated a “buy” rating and issued a $510.00 price target (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Macquarie boosted their price target on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a report on Friday, September 19th. Barclays boosted their price target on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, The Goldman Sachs Group boosted their price target on CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $493.33.

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.