Financial Connections Group Inc. Makes New $379,000 Investment in CrowdStrike $CRWD

Financial Connections Group Inc. bought a new position in shares of CrowdStrike (NASDAQ:CRWD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 746 shares of the company’s stock, valued at approximately $379,000.

A number of other institutional investors have also recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC bought a new stake in CrowdStrike during the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings 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 approximately $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in 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 during the last quarter. Finally, Neo Ivy Capital Management bought a new stake in shares of CrowdStrike in the 1st quarter valued at $30,000. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 157,816 shares of company stock valued at $75,331,356 over the last ninety days. 3.32% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Cantor Fitzgerald increased their price objective on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. DZ Bank cut shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a research report on Wednesday, September 24th. Jefferies Financial Group increased their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Mizuho increased their price objective on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Finally, Wells Fargo & Company increased their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $493.33.

CrowdStrike Stock Down 3.0%

Shares of NASDAQ CRWD opened at $493.66 on Friday. The firm has a market cap of $123.89 billion, a PE ratio of -414.84, a P/E/G ratio of 119.64 and a beta of 1.19. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The company’s fifty day simple moving average is $450.04 and its 200 day simple moving average is $443.90. 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 (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The business 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%. CrowdStrike’s revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

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.