Securian Asset Management Inc. Buys 45 Shares of CrowdStrike $CRWD

Securian Asset Management Inc. boosted its stake in shares of CrowdStrike (NASDAQ:CRWD) by 0.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 13,092 shares of the company’s stock after purchasing an additional 45 shares during the period. Securian Asset Management Inc.’s holdings in CrowdStrike were worth $6,668,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its holdings in CrowdStrike by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after buying an additional 98 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC bought a new stake in CrowdStrike during the 2nd quarter valued at about $397,000. Pegasus Asset Management Inc. increased its position in CrowdStrike by 3.4% during the 2nd quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after purchasing an additional 79 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in CrowdStrike during the 2nd quarter valued at about $899,000. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on CRWD. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. Robert W. Baird raised their target price on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. Piper Sandler cut their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research report on Thursday, August 28th. Morgan Stanley raised their target price on shares of CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a research report on Thursday, September 18th. Finally, Cfra reissued a “hold” rating and set a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. One equities research 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 assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $494.95.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 158,090 shares of company stock worth $75,500,649 in the last 90 days. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Up 3.9%

Shares of CrowdStrike stock opened at $503.61 on Tuesday. The firm’s 50 day moving average price is $456.70 and its 200-day moving average price is $450.85. 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 52-week low of $294.68 and a 52-week high of $517.98. The company has a market cap of $126.39 billion, a P/E ratio of -423.20, a PEG ratio of 113.89 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the firm earned $1.04 EPS. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike Company 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.