GDS Wealth Management Buys 5,023 Shares of CrowdStrike $CRWD

GDS Wealth Management lifted its stake in CrowdStrike (NASDAQ:CRWD) by 27.9% during the second quarter, Holdings Channel.com reports. The fund owned 23,041 shares of the company’s stock after buying an additional 5,023 shares during the period. GDS Wealth Management’s holdings in CrowdStrike were worth $11,735,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Real Talk Capital LLC boosted its holdings in shares of CrowdStrike by 1.4% in the 2nd quarter. Real Talk Capital LLC now owns 2,769 shares of the company’s stock valued at $1,410,000 after buying an additional 37 shares during the last quarter. Empirical Finance LLC lifted its stake in CrowdStrike by 7.6% in the second quarter. Empirical Finance LLC now owns 1,029 shares of the company’s stock valued at $524,000 after acquiring an additional 73 shares during the last quarter. Intrepid Financial Planning Group LLC acquired a new position in shares of CrowdStrike during the 2nd quarter worth about $223,000. Dorsey Wright & Associates bought a new stake in shares of CrowdStrike in the 2nd quarter valued at about $1,765,000. Finally, TD Waterhouse Canada Inc. lifted its stake in CrowdStrike by 4.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 23,691 shares of the company’s stock valued at $11,655,000 after purchasing an additional 959 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $520.59 on Thursday. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The firm’s 50-day simple moving average is $505.50 and its 200 day simple moving average is $473.58. The firm has a market cap of $130.65 billion, a price-to-earnings ratio of -437.47, a P/E/G ratio of 120.71 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm 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, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on CRWD. Citigroup reissued an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. Sanford C. Bernstein reduced their target price on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research note on Thursday, August 28th. Arete Research set a $706.00 price target on CrowdStrike in a research note on Tuesday, October 28th. Wells Fargo & Company raised their price target on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada lifted their price objective on shares of CrowdStrike from $540.00 to $621.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $537.49.

Insider Activity

In other news, Director Johanna Flower sold 2,347 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares of the company’s stock, valued at approximately $38,815,405.86. This represents a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the transaction, the president owned 354,116 shares in the company, valued at $182,369,740. The trade was a 2.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 116,622 shares of company stock worth $58,561,456. 3.32% of the stock is owned by 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.