637 Shares in CrowdStrike $CRWD Bought by Novare Capital Management LLC

Novare Capital Management LLC purchased a new position in shares of CrowdStrike (NASDAQ:CRWD) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 637 shares of the company’s stock, valued at approximately $324,000.

A number of other institutional investors also recently bought and sold shares of CRWD. Brighton Jones LLC increased its stake 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 purchasing an additional 2,417 shares during the period. GAMMA Investing LLC boosted its holdings in CrowdStrike by 43.6% during the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock worth $1,087,000 after buying an additional 936 shares in the last quarter. Johnson Investment Counsel Inc. boosted its holdings in CrowdStrike by 3.6% during the first quarter. Johnson Investment Counsel Inc. now owns 860 shares of the company’s stock worth $303,000 after buying an additional 30 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of CrowdStrike by 20.4% in the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock valued at $447,000 after purchasing an additional 215 shares in the last quarter. Finally, Retirement Systems of Alabama lifted its holdings in shares of CrowdStrike by 5.0% in the first quarter. Retirement Systems of Alabama now owns 52,930 shares of the company’s stock valued at $18,662,000 after purchasing an additional 2,544 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Up 0.5%

Shares of NASDAQ:CRWD opened at $484.65 on Friday. The stock has a market capitalization of $121.63 billion, a price-to-earnings ratio of -407.27, a price-to-earnings-growth ratio of 113.89 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 is $455.15 and its two-hundred day moving average is $448.87. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results 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 company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the company 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. Equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In related news, CEO George Kurtz sold 17,830 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 10,000 shares of the stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares in the company, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 158,090 shares of company stock worth $75,500,649. 3.32% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of analyst reports. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Capital One Financial increased their price objective on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. DA Davidson upped their target price on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Macquarie upped their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Finally, The Goldman Sachs Group increased their price objective on shares of CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a research note on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $494.95.

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.