Oppenheimer Asset Management Inc. cut its stake in CrowdStrike (NASDAQ:CRWD – Free Report) by 4.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,876 shares of the company’s stock after selling 1,337 shares during the period. Oppenheimer Asset Management Inc.’s holdings in CrowdStrike were worth $15,216,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Patron Partners LLC boosted its stake in CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after purchasing an additional 22 shares during the period. Real Talk Capital LLC boosted its stake in CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares during the period. Tradewinds Capital Management LLC boosted its stake in CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after purchasing an additional 25 shares during the period. Close Asset Management Ltd boosted its stake in shares of CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after buying an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. boosted its stake in shares of CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Capital One Financial increased their price objective on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. KeyCorp increased their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Truist Financial increased their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Zacks Research upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. Finally, DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $496.47.
CrowdStrike Stock Up 1.0%
Shares of CRWD stock opened at $527.32 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The firm’s 50-day moving average is $463.35 and its 200-day moving average is $455.76. The stock has a market cap of $132.34 billion, a price-to-earnings ratio of -443.12, a PEG ratio of 123.92 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $535.52.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for 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%. CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. Sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current year.
Insider Activity at CrowdStrike
In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. This represents a 5.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction 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. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 158,090 shares of company stock valued at $75,500,649 in the last 90 days. Insiders own 3.32% of the company’s stock.
About CrowdStrike
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.
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