Highview Capital Management LLC DE bought a new position in CrowdStrike (NASDAQ:CRWD – Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,171 shares of the company’s stock, valued at approximately $2,124,000.
Several other hedge funds have also added to or reduced their stakes in the business. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the first quarter worth $26,000. AlphaQuest LLC bought a new stake in shares of CrowdStrike in the second quarter valued at about $26,000. Neo Ivy Capital Management acquired a new position in shares of CrowdStrike during the first quarter worth about $30,000. Financial Gravity Companies Inc. acquired a new position in shares of CrowdStrike during the second quarter worth about $33,000. Finally, Saudi Central Bank bought a new position in shares of CrowdStrike during the first quarter worth about $34,000. Institutional investors and hedge funds own 71.16% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Bank of America lifted their price target on shares of CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Capital One Financial upped their price target on shares of CrowdStrike from $519.00 to $599.00 and gave the stock an “overweight” rating in a research report on Tuesday. Zacks Research downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. Sanford C. Bernstein lowered their price target on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research report on Thursday, August 28th. Finally, Stifel Nicolaus raised their price objective on CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Monday. One 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $535.60.
CrowdStrike Stock Down 3.0%
CRWD stock opened at $513.67 on Wednesday. The business’s fifty day moving average price is $503.58 and its two-hundred day moving average price is $473.25. The stock has a market capitalization of $128.91 billion, a price-to-earnings ratio of -431.65, a PEG ratio of 124.49 and a beta of 1.16. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion during 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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, equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.
Insider Buying and Selling
In other news, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, 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 Securities & Exchange Commission, which is accessible through this link. Also, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. This trade represents a 4.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 116,622 shares of company stock valued at $58,561,456 over the last 90 days. 3.32% of the stock is owned by corporate insiders.
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.
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