Cromwell Holdings LLC grew its holdings in CrowdStrike (NASDAQ:CRWD – Free Report) by 16.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 757 shares of the company’s stock after acquiring an additional 105 shares during the period. Cromwell Holdings LLC’s holdings in CrowdStrike were worth $386,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC increased its position in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after purchasing an additional 2,417 shares in the last quarter. Merit Financial Group LLC increased its position in shares of CrowdStrike by 30.2% during the 1st quarter. Merit Financial Group LLC now owns 4,390 shares of the company’s stock worth $1,548,000 after purchasing an additional 1,019 shares in the last quarter. ST Germain D J Co. Inc. increased its position in shares of CrowdStrike by 426.3% during the 1st quarter. ST Germain D J Co. Inc. now owns 100 shares of the company’s stock worth $35,000 after purchasing an additional 81 shares in the last quarter. Clare Market Investments LLC increased its position in shares of CrowdStrike by 28.8% during the 1st quarter. Clare Market Investments LLC now owns 7,149 shares of the company’s stock worth $2,521,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Channel Wealth LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $222,000. Institutional investors and hedge funds own 71.16% of the company’s stock.
Insider Buying and Selling at CrowdStrike
In related news, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Michael Sentonas sold 11,561 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the completion of the transaction, the president owned 399,116 shares in the company, valued at approximately $197,837,810.04. This represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 112,816 shares of company stock valued at $52,606,356 in the last 90 days. Company insiders own 3.32% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on CrowdStrike
CrowdStrike Stock Performance
Shares of CRWD stock opened at $496.80 on Friday. 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 company has a market capitalization of $124.68 billion, a P/E ratio of -417.48, a price-to-earnings-growth ratio of 117.49 and a beta of 1.19. The company’s 50 day moving average price is $445.78 and its two-hundred day moving average price is $438.69. CrowdStrike has a 52 week low of $278.56 and a 52 week high of $517.98.
CrowdStrike (NASDAQ:CRWD – Get Free Report) 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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company earned $1.04 earnings per share. The firm’s revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
CrowdStrike 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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