ProShare Advisors LLC Boosts Stock Position in CrowdStrike $CRWD

ProShare Advisors LLC lifted its stake in CrowdStrike (NASDAQ:CRWD) by 11.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 392,892 shares of the company’s stock after purchasing an additional 39,526 shares during the period. ProShare Advisors LLC owned about 0.16% of CrowdStrike worth $200,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Profund Advisors LLC grew its stake in CrowdStrike by 18.7% in the second quarter. Profund Advisors LLC now owns 23,054 shares of the company’s stock worth $11,742,000 after purchasing an additional 3,627 shares in the last quarter. PFG Advisors raised its position in shares of CrowdStrike by 12.3% in the 2nd quarter. PFG Advisors now owns 1,080 shares of the company’s stock worth $550,000 after acquiring an additional 118 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC bought a new stake in shares of CrowdStrike in the 2nd quarter valued at about $281,000. Midwest Trust Co purchased a new position in CrowdStrike in the second quarter worth $1,852,000. Finally, DJE Kapital AG acquired a new position in CrowdStrike during the 2nd quarter valued at about $5,802,000. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,000 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the transaction, the president owned 354,116 shares of the company’s stock, valued at $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 1,957 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total value of $1,077,152.37. Following the completion of the transaction, the chief financial officer owned 218,467 shares in the company, valued at approximately $120,246,421.47. This trade represents a 0.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 116,622 shares of company stock valued at $58,561,456. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $539.81 on Monday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $555.81. The stock’s 50-day moving average price is $486.81 and its 200-day moving average price is $467.78. The stock has a market capitalization of $135.47 billion, a PE ratio of -453.62, a price-to-earnings-growth ratio of 126.85 and a beta of 1.16.

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 company 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%.CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. 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. As a group, equities analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on CRWD shares. BMO Capital Markets raised their price target on shares of CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft upped their target price on CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a research report on Thursday, September 18th. Needham & Company LLC boosted their price target on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. DZ Bank lowered CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective on the stock. in a report on Wednesday, September 24th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $510.80.

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.