Prospect Financial Services LLC Has $773,000 Holdings in CrowdStrike $CRWD

Prospect Financial Services LLC lessened its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 28.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,517 shares of the company’s stock after selling 597 shares during the period. Prospect Financial Services LLC’s holdings in CrowdStrike were worth $773,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth about $26,000. AlphaQuest LLC acquired a new stake in CrowdStrike in the second quarter worth about $26,000. Neo Ivy Capital Management bought a new stake in CrowdStrike in the first quarter valued at about $30,000. Saudi Central Bank bought a new position in CrowdStrike during the first quarter worth about $34,000. Finally, Financial Management Professionals Inc. grew its position in shares of CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 2.9%

Shares of NASDAQ CRWD opened at $529.78 on Friday. The stock has a 50-day moving average price of $497.35 and a two-hundred day moving average price of $470.67. The company has a market cap of $132.95 billion, a price-to-earnings ratio of -445.19, a PEG ratio of 128.27 and a beta of 1.16. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share 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 analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. As a group, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president owned 379,116 shares in the company, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the transaction, the chief executive officer owned 2,115,057 shares in the company, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,622 shares of company stock worth $58,561,456 in the last 90 days. 3.32% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Stephens lifted their price objective on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, October 9th. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Robert W. Baird increased their price target on CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Piper Sandler reduced their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research report on Thursday, August 28th. Finally, Citigroup reissued an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $515.60.

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.