Signature Estate & Investment Advisors LLC Sells 671 Shares of CrowdStrike $CRWD

Signature Estate & Investment Advisors LLC reduced its position in CrowdStrike (NASDAQ:CRWD) by 3.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 18,528 shares of the company’s stock after selling 671 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in CrowdStrike were worth $9,436,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of CRWD. Nuveen LLC acquired a new stake in CrowdStrike in the 1st quarter valued at about $595,766,000. Jennison Associates LLC lifted its stake in CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after purchasing an additional 955,529 shares during the last quarter. Vanguard Group Inc. lifted its stake in CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after purchasing an additional 908,554 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after purchasing an additional 760,222 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CRWD has been the subject of several recent analyst reports. Daiwa Capital Markets raised their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. Wells Fargo & Company raised 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. JMP Securities raised their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a research report on Tuesday, September 23rd. TD Cowen raised their price objective on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Finally, BTIG Research reiterated a “buy” rating and issued a $489.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $494.95.

Insiders Place Their Bets

In other CrowdStrike news, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the transaction, the director directly owned 79,057 shares of the company’s stock, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the transaction, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock valued at $75,500,649 over the last ninety days. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $484.65 on Friday. The company’s 50 day simple moving average is $455.15 and its 200 day simple moving average is $448.87. The stock has a market capitalization of $121.63 billion, a price-to-earnings ratio of -407.27, a price-to-earnings-growth ratio of 113.89 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data 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. The business had revenue of $1.17 billion for 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%. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period last year, the firm 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. As a group, research analysts predict that CrowdStrike will post 0.55 EPS 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.