Hudock Inc. purchased a new stake in shares of CrowdStrike (NASDAQ:CRWD – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 468 shares of the company’s stock, valued at approximately $238,000.
Other hedge funds also recently added to or reduced their stakes in the company. Patron Partners LLC increased its holdings in shares of CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after purchasing an additional 22 shares in the last quarter. Real Talk Capital LLC boosted its position in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after buying an additional 24 shares during the last quarter. Close Asset Management Ltd boosted its position in shares of CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after buying an additional 25 shares during the last quarter. Ramirez Asset Management Inc. raised its position in CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the last quarter. Finally, Cladis Investment Advisory LLC lifted its stake in CrowdStrike by 1.5% during the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after acquiring an additional 25 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently commented on CRWD shares. Roth Capital reiterated a “buy” rating and issued a $510.00 price target (up from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Arete upgraded shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 target price for the company in a research note on Tuesday, October 28th. Wells Fargo & Company increased their price target on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. UBS Group cut their price objective on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Finally, Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $512.60.
CrowdStrike Stock Performance
NASDAQ:CRWD opened at $545.86 on Thursday. 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 stock has a 50-day simple moving average of $495.00 and a two-hundred day simple moving average of $470.25. The firm has a market capitalization of $136.99 billion, a PE ratio of -458.70, a P/E/G ratio of 130.83 and a beta of 1.16. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 period in the prior year, the firm posted $1.04 EPS. The firm’s quarterly 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. Analysts forecast that CrowdStrike will post 0.55 EPS for the current year.
Insider Transactions at CrowdStrike
In other news, CFO Burt W. Podbere sold 1,957 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the sale, the chief financial officer directly owned 218,467 shares in the company, valued at $120,246,421.47. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the transaction, the director owned 79,057 shares in the company, valued at approximately $38,815,405.86. This trade represents a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 116,622 shares of company stock valued at $58,561,456. Company insiders own 3.32% of the company’s stock.
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.
Further Reading
- Five stocks we like better than CrowdStrike
- Why Invest in High-Yield Dividend Stocks?
- 3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- As Warren Buffett Nears His Exit, Berkshire’s Amassed Record Cash
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Rare Earth Stocks: The Truce That Isn’t a Truce
Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike (NASDAQ:CRWD – Free Report).
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.
