Equitable Trust Co. Sells 60 Shares of CrowdStrike $CRWD

Equitable Trust Co. cut its holdings in CrowdStrike (NASDAQ:CRWD) by 0.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,929 shares of the company’s stock after selling 60 shares during the period. Equitable Trust Co.’s holdings in CrowdStrike were worth $5,566,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike during the 1st quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike during the 1st quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after purchasing an additional 58 shares during the period. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike during the 1st quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In other news, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares in the company, valued at $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 155,743 shares of company stock valued at $74,348,319 in the last quarter. 3.32% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CRWD shares. Barclays boosted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Morgan Stanley boosted their price target on shares of CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a report on Thursday, September 18th. KeyCorp boosted their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Oppenheimer reiterated an “outperform” rating and set a $520.00 price objective on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Cantor Fitzgerald upped their price target on shares of CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $494.02.

CrowdStrike Stock Up 3.0%

NASDAQ:CRWD opened at $508.61 on Tuesday. The firm has a market capitalization of $127.64 billion, a P/E ratio of -427.40, a PEG ratio of 116.01 and a beta of 1.19. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $517.98. The company’s fifty day moving average price is $451.12 and its 200-day moving average price is $446.01. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.04 earnings per share. 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, equities research analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

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.