CloudAlpha Capital Management Limited Hong Kong Acquires 13,727 Shares of CrowdStrike $CRWD

CloudAlpha Capital Management Limited Hong Kong increased its position in CrowdStrike (NASDAQ:CRWD) by 147.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 23,016 shares of the company’s stock after buying an additional 13,727 shares during the quarter. CrowdStrike makes up about 0.6% of CloudAlpha Capital Management Limited Hong Kong’s investment portfolio, making the stock its 23rd largest position. CloudAlpha Capital Management Limited Hong Kong’s holdings in CrowdStrike were worth $11,722,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vision Financial Markets LLC bought a new position in CrowdStrike in the 1st quarter worth $26,000. AlphaQuest LLC purchased a new stake in CrowdStrike in the 2nd quarter worth $26,000. Neo Ivy Capital Management purchased a new stake in CrowdStrike in the 1st quarter worth $30,000. Saudi Central Bank purchased a new stake in CrowdStrike in the 1st quarter worth $34,000. Finally, Financial Management Professionals Inc. lifted its stake in CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 6,975 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the sale, the chief executive officer owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This trade represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Michael Sentonas sold 10,000 shares of the firm’s stock in a transaction on 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 sale, the president owned 354,116 shares in the company, valued at approximately $182,369,740. This represents a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 116,622 shares of company stock valued at $58,561,456 in the last quarter. 3.32% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CRWD. New Street Research set a $460.00 target price on shares of CrowdStrike in a research report on Thursday, August 28th. BTIG Research increased their price objective on shares of CrowdStrike from $489.00 to $640.00 and gave the company a “buy” rating in a research note on Tuesday. Canaccord Genuity Group increased their target price on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research report on Monday, September 22nd. Daiwa Capital Markets increased their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Finally, Barclays increased their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus price target of $510.80.

CrowdStrike Trading Down 3.3%

NASDAQ CRWD opened at $533.92 on Wednesday. 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 fifty day simple moving average of $480.44 and a two-hundred day simple moving average of $464.34. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $555.81. The stock has a market cap of $133.99 billion, a P/E ratio of -448.67, a P/E/G ratio of 129.70 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the company posted $1.04 earnings per share. The firm’s revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

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.