RPG Investment Advisory LLC Buys Shares of 20,751 CrowdStrike $CRWD

RPG Investment Advisory LLC bought a new stake in shares of CrowdStrike (NASDAQ:CRWD) in the second quarter, Holdings Channel reports. The fund bought 20,751 shares of the company’s stock, valued at approximately $10,569,000.

Several other hedge funds also recently bought and sold shares of CRWD. Vision Financial Markets LLC purchased a new position in CrowdStrike during the first quarter worth about $26,000. AlphaQuest LLC purchased a new position in CrowdStrike in the second quarter worth $26,000. Financial Gravity Companies Inc. bought a new stake in CrowdStrike during the second quarter worth about $33,000. Saudi Central Bank purchased a new position in shares of CrowdStrike during the 1st quarter valued at about $34,000. Finally, Financial Management Professionals Inc. raised its stake in shares of CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after acquiring an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CrowdStrike stock opened at $506.82 on Tuesday. The company’s 50-day moving average price is $509.19 and its 200-day moving average price is $475.23. 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 company has a market cap of $127.19 billion, a PE ratio of -425.90, a price-to-earnings-growth ratio of 115.30 and a beta of 1.16. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm posted $1.04 earnings per share. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. 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 research analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 6,975 shares of CrowdStrike stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total value of $3,835,482.75. Following the transaction, the chief executive officer directly owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This trade represents a 0.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction that occurred 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 completion of the transaction, the director directly owned 79,057 shares in the company, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 116,622 shares of company stock valued at $58,561,456 in the last ninety days. Corporate insiders own 3.32% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Evercore ISI boosted their price target on CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. Arete raised CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 target price for the company in a research report on Tuesday, October 28th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. Piper Sandler decreased their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. Finally, Roth Capital restated a “buy” rating and set a $510.00 price target (up from $410.00) 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 assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $537.93.

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.