Sage Mountain Advisors LLC Buys 235 Shares of CrowdStrike $CRWD

Sage Mountain Advisors LLC increased its stake in shares of CrowdStrike (NASDAQ:CRWD) by 27.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,086 shares of the company’s stock after acquiring an additional 235 shares during the period. Sage Mountain Advisors LLC’s holdings in CrowdStrike were worth $553,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Cloud Capital Management LLC bought a new position in shares of CrowdStrike in the first quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC acquired a new stake in CrowdStrike in the 1st quarter valued at about $26,000. AlphaQuest LLC bought a new position in CrowdStrike during the second quarter worth about $26,000. Finally, Neo Ivy Capital Management acquired a new position in CrowdStrike during the first quarter worth approximately $30,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 1.0%

NASDAQ CRWD opened at $527.32 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market cap of $132.34 billion, a price-to-earnings ratio of -443.12, a PEG ratio of 123.91 and a beta of 1.19. The company has a 50 day moving average of $463.35 and a 200-day moving average of $455.22. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $535.52.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly 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 for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.04 earnings per share. 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 expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction that occurred 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 sale, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 158,090 shares of company stock worth $75,500,649 in the last ninety days. 3.32% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on CRWD. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Robert W. Baird lifted their price objective on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Evercore ISI increased their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. The Goldman Sachs Group lifted their target price on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a report on Friday, September 19th. Finally, UBS Group decreased their price target on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $496.47.

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.