CrowdStrike $CRWD Shares Purchased by Freedom Investment Management Inc.

Freedom Investment Management Inc. raised its stake in CrowdStrike (NASDAQ:CRWD) by 2.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,023 shares of the company’s stock after buying an additional 63 shares during the period. Freedom Investment Management Inc.’s holdings in CrowdStrike were worth $1,540,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of CRWD. Brighton Jones LLC increased its holdings in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of CrowdStrike by 43.6% in the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock valued at $1,087,000 after buying an additional 936 shares in the last quarter. Moran Wealth Management LLC bought a new position in shares of CrowdStrike in the first quarter valued at $289,000. Global Assets Advisory LLC bought a new position in shares of CrowdStrike in the first quarter valued at $272,000. Finally, Golden State Equity Partners increased its holdings in shares of CrowdStrike by 3.5% in the first quarter. Golden State Equity Partners now owns 1,677 shares of the company’s stock valued at $591,000 after buying an additional 56 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CRWD. Oppenheimer boosted their target price on shares of CrowdStrike from $520.00 to $560.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. 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 note on Thursday, August 28th. Jefferies Financial Group boosted their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, Stifel Nicolaus boosted their target price on shares of CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $496.47.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the sale, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 158,090 shares of company stock valued at $75,500,649. Insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 4.4%

CrowdStrike stock opened at $521.98 on Friday. The company’s fifty day simple moving average is $461.36 and its 200-day simple moving average is $452.92. 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 12 month low of $294.68 and a 12 month high of $522.43. The stock has a market cap of $131.00 billion, a P/E ratio of -438.63, a P/E/G ratio of 117.52 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate 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 business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company posted $1.04 EPS. CrowdStrike’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. As a group, sell-side analysts forecast 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.