Biltmore Family Office LLC Decreases Position in CrowdStrike $CRWD

Biltmore Family Office LLC cut its position in CrowdStrike (NASDAQ:CRWD) by 19.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,034 shares of the company’s stock after selling 250 shares during the period. Biltmore Family Office LLC’s holdings in CrowdStrike were worth $527,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after buying an additional 908,554 shares during the last quarter. Jennison Associates LLC raised its holdings in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after buying an additional 955,529 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after acquiring an additional 760,222 shares during the period. Finally, Invesco Ltd. grew its stake in shares of CrowdStrike by 16.4% in the first quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after acquiring an additional 352,473 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CRWD. Wedbush reiterated a “buy” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Mizuho lifted their price target on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Roth Capital reiterated a “buy” rating and issued a $510.00 price target (up from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Daiwa Capital Markets lifted their price target on shares of CrowdStrike from $475.00 to $530.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 24th. Finally, Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $505.78.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the transaction, the president directly owned 354,116 shares in the company, valued at $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $528.77, for a total transaction of $2,643,850.00. Following the completion of the transaction, the director owned 770,456 shares of the company’s stock, valued at approximately $407,394,019.12. The trade was a 0.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 163,090 shares of company stock valued at $78,144,499 in the last ninety days. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $546.94 on Wednesday. The stock has a 50-day simple moving average of $467.99 and a two-hundred day simple moving average of $458.06. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $553.64. 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 has a market capitalization of $137.26 billion, a PE ratio of -459.61, a P/E/G ratio of 124.48 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company posted $1.04 earnings per share. CrowdStrike’s revenue for the quarter 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. Analysts forecast that CrowdStrike will post 0.55 EPS for the current 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.