J. Safra Sarasin Holding AG Sells 8,646 Shares of CrowdStrike $CRWD

J. Safra Sarasin Holding AG decreased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 41.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,458 shares of the company’s stock after selling 8,646 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in CrowdStrike were worth $6,345,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in CrowdStrike by 20.4% during the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock worth $447,000 after acquiring an additional 215 shares during the period. OLD National Bancorp IN acquired a new stake in CrowdStrike in the 1st quarter worth $248,000. Bessemer Group Inc. increased its holdings in shares of CrowdStrike by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock worth $783,000 after purchasing an additional 98 shares during the period. Geneos Wealth Management Inc. raised its position in shares of CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares during the last quarter. Finally, Benchmark Investment Advisors LLC lifted its stake in shares of CrowdStrike by 90.8% in the first quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock valued at $3,613,000 after buying an additional 4,877 shares during the period. 71.16% of the stock is owned by institutional investors.

Insider Activity

In other news, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the completion of the sale, the chief accounting officer directly owned 37,255 shares in the company, valued at approximately $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Burt W. Podbere sold 10,706 shares of CrowdStrike stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the completion of the transaction, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,816 shares of company stock worth $52,606,356. 3.32% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on CRWD. Truist Financial upped their price target on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Cantor Fitzgerald upped their target price on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. JMP Securities boosted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a report on Tuesday, September 23rd. Finally, DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a report on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $484.95.

CrowdStrike Trading Down 0.6%

Shares of CRWD stock opened at $496.80 on Friday. The company has a market capitalization of $124.68 billion, a P/E ratio of -417.48, a P/E/G ratio of 117.49 and a beta of 1.19. CrowdStrike has a 12-month low of $278.56 and a 12-month high of $517.98. 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 firm has a 50-day moving average price of $445.78 and a 200 day moving average price of $438.69.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping 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 company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.04 earnings per share. The company’s revenue 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. Research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

About CrowdStrike

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.