TrueMark Investments LLC Has $4.14 Million Stock Position in CrowdStrike $CRWD

TrueMark Investments LLC decreased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 3.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,129 shares of the company’s stock after selling 312 shares during the quarter. TrueMark Investments LLC’s holdings in CrowdStrike were worth $4,140,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Financial Management Professionals Inc. increased its stake in shares of CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike during the 1st quarter worth $25,000. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter worth $26,000. Atlantic Edge Private Wealth Management LLC boosted its holdings 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 buying an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its holdings 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 buying an additional 58 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CRWD shares. Mizuho upped their price objective on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, September 17th. Royal Bank Of Canada upped their price objective on shares of CrowdStrike from $510.00 to $540.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. The Goldman Sachs Group upped their price objective on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a report on Friday, September 19th. UBS Group decreased their price objective on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Finally, TD Cowen upped their price objective on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. One equities 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $494.95.

Insider Buying and Selling at CrowdStrike

In other news, CEO George Kurtz sold 42,267 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction dated 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 directly 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 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 quarter. 3.32% of the stock is currently owned by insiders.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $484.65 on Friday. 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 fifty-two week low of $294.68 and a fifty-two week high of $517.98. The firm has a fifty day moving average price of $455.15 and a two-hundred day moving average price of $448.87. The company has a market cap of $121.63 billion, a PE ratio of -407.27, a price-to-earnings-growth ratio of 113.89 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm earned $1.04 EPS. The business’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts expect that CrowdStrike will post 0.55 EPS for the current year.

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.