CrowdStrike $CRWD Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC reduced its holdings in CrowdStrike (NASDAQ:CRWDFree Report) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,021 shares of the company’s stock after selling 719 shares during the quarter. CrowdStrike comprises 0.9% of Highland Capital Management LLC’s investment portfolio, making the stock its 20th biggest holding. Highland Capital Management LLC’s holdings in CrowdStrike were worth $17,327,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after acquiring an additional 2,417 shares during the period. Merit Financial Group LLC increased its holdings in shares of CrowdStrike by 30.2% in the 1st quarter. Merit Financial Group LLC now owns 4,390 shares of the company’s stock valued at $1,548,000 after purchasing an additional 1,019 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of CrowdStrike by 8.9% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 539 shares of the company’s stock valued at $190,000 after purchasing an additional 44 shares during the period. Signal Advisors Wealth LLC boosted its holdings in CrowdStrike by 14.0% during the first quarter. Signal Advisors Wealth LLC now owns 2,465 shares of the company’s stock worth $869,000 after buying an additional 302 shares in the last quarter. Finally, Magnus Financial Group LLC grew its position in CrowdStrike by 164.5% during the first quarter. Magnus Financial Group LLC now owns 1,865 shares of the company’s stock worth $658,000 after buying an additional 1,160 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 1.4%

Shares of CRWD stock opened at $489.88 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a fifty-two week low of $283.80 and a fifty-two week high of $517.98. The firm’s 50 day moving average price is $446.22 and its two-hundred day moving average price is $440.01. The stock has a market cap of $122.94 billion, a price-to-earnings ratio of -411.66, a price-to-earnings-growth ratio of 115.12 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWDGet Free Report) last issued its 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 for 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 last 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. On average, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CRWD. BTIG Research reiterated a “buy” rating and set a $489.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Zacks Research raised CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 29th. Stifel Nicolaus boosted their target price on CrowdStrike from $495.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Cantor Fitzgerald raised their price target on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Finally, Cfra reiterated a “hold” rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $487.11.

Get Our Latest Research Report on CrowdStrike

Insider Buying and Selling

In related news, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president directly owned 379,116 shares in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock valued at $62,606,356 over the last ninety days. Insiders own 3.32% of the company’s stock.

About CrowdStrike

(Free Report)

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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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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