WESPAC Advisors SoCal LLC Has $2.64 Million Position in CrowdStrike $CRWD

WESPAC Advisors SoCal LLC lifted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 30.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,173 shares of the company’s stock after purchasing an additional 1,201 shares during the quarter. WESPAC Advisors SoCal LLC’s holdings in CrowdStrike were worth $2,635,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. DekaBank Deutsche Girozentrale raised its position in CrowdStrike by 5.4% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $220,639,000 after buying an additional 22,549 shares during the last quarter. Bogart Wealth LLC raised its position in CrowdStrike by 6.4% in the 2nd quarter. Bogart Wealth LLC now owns 1,095 shares of the company’s stock valued at $558,000 after buying an additional 66 shares during the last quarter. Evermay Wealth Management LLC raised its position in CrowdStrike by 486.3% in the 2nd quarter. Evermay Wealth Management LLC now owns 299 shares of the company’s stock valued at $152,000 after buying an additional 248 shares during the last quarter. Stephens Inc. AR raised its position in CrowdStrike by 0.8% in the 2nd quarter. Stephens Inc. AR now owns 23,529 shares of the company’s stock valued at $11,984,000 after buying an additional 187 shares during the last quarter. Finally, Alaska Wealth Advisors acquired a new stake in CrowdStrike in the 2nd quarter valued at approximately $255,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent research reports. TD Cowen lifted their target price on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Roth Capital reissued a “buy” rating and issued a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. BMO Capital Markets lifted their target price on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, September 18th. Daiwa Capital Markets lifted their target price on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Finally, Barclays boosted their price target on CrowdStrike from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $494.95.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares in the company, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 158,090 shares of company stock valued at $75,500,649. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Up 3.9%

NASDAQ:CRWD opened at $503.61 on Tuesday. 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. The stock’s 50 day moving average price is $456.70 and its two-hundred day moving average price is $450.85. The firm has a market capitalization of $126.39 billion, a price-to-earnings ratio of -423.20, a price-to-earnings-growth ratio of 113.89 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the company posted $1.04 EPS. The firm’s revenue for the quarter 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. Equities research analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal 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.