Simmons Bank Makes New $252,000 Investment in CrowdStrike $CRWD

Simmons Bank bought a new stake in CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 495 shares of the company’s stock, valued at approximately $252,000.

A number of other hedge funds have also modified their holdings of CRWD. Draper Asset Management LLC boosted 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 worth $2,176,000 after purchasing an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. grew its position in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after acquiring an additional 5,998 shares during the period. Drucker Wealth 3.0 LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter worth about $397,000. Pegasus Asset Management Inc. increased its position in shares of CrowdStrike by 3.4% during the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after acquiring an additional 79 shares during the last quarter. Finally, Roman Butler Fullerton & Co. acquired a new position in CrowdStrike during the second quarter worth $1,169,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of research reports. Wedbush increased their target price on shares of CrowdStrike from $525.00 to $600.00 and gave the stock an “outperform” rating in a report on Monday. 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. DZ Bank cut shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price target for the company. in a research note on Wednesday, September 24th. JMP Securities upped their price target on CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a research note on Tuesday, September 23rd. Finally, Evercore ISI raised their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. One 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 given a Sell rating to the stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $510.80.

CrowdStrike Trading Down 0.3%

Shares of CRWD stock opened at $532.52 on Friday. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $555.81. The stock has a market cap of $133.64 billion, a price-to-earnings ratio of -447.49, a price-to-earnings-growth ratio of 125.52 and a beta of 1.16. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average price is $484.48 and its two-hundred day moving average price is $465.29.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 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 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 business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous year, the company 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, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other news, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the transaction, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the president directly owned 379,116 shares in the company, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 116,622 shares of company stock valued at $58,561,456. Corporate insiders own 3.32% of the company’s stock.

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.