Interchange Capital Partners LLC Has $2.03 Million Stock Position in CrowdStrike $CRWD

Interchange Capital Partners LLC lifted its position in CrowdStrike (NASDAQ:CRWD) by 1.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,985 shares of the company’s stock after buying an additional 71 shares during the quarter. Interchange Capital Partners LLC’s holdings in CrowdStrike were worth $2,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bessemer Group Inc. raised its stake 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 purchasing an additional 98 shares during the last quarter. Draper Asset Management LLC raised its stake in CrowdStrike by 59.1% during the 2nd quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after purchasing an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. raised its stake 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 purchasing an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC acquired a new position in CrowdStrike during the 2nd quarter valued at $397,000. Finally, Pegasus Asset Management Inc. raised its stake 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 last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 10,000 shares of the stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the sale, the president owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the stock in a transaction dated 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 owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 158,090 shares of company stock worth $75,500,649 over the last ninety days. Company insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 1.0%

Shares of CRWD stock opened at $527.32 on Friday. The firm has a fifty day moving average of $463.35 and a 200-day moving average of $455.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $535.52. The stock has a market cap of $132.34 billion, a price-to-earnings ratio of -443.12, a P/E/G ratio of 123.91 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results 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. The business had revenue of $1.17 billion during 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 revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the company posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CRWD has been the subject of several research analyst reports. Zacks Research upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. DA Davidson upped their target price on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. JMP Securities upped their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a research note on Tuesday, September 23rd. Scotiabank upgraded shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $440.00 to $600.00 in a research note on Thursday, September 25th. Finally, BMO Capital Markets increased their price objective on shares of CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. One investment 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, CrowdStrike has an average rating of “Moderate Buy” and a consensus target price of $496.47.

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.