Evolution Wealth Advisors LLC Takes $254,000 Position in CrowdStrike $CRWD

Evolution Wealth Advisors LLC purchased a new position in shares of CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 498 shares of the company’s stock, valued at approximately $254,000.

Several other large investors also recently added to or reduced their stakes in CRWD. Allianz SE boosted its position in CrowdStrike by 61.3% during the second quarter. Allianz SE now owns 11,945 shares of the company’s stock worth $6,084,000 after purchasing an additional 4,540 shares during the period. Thompson Davis & CO. Inc. boosted its holdings in CrowdStrike by 15.4% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,500 shares of the company’s stock worth $764,000 after buying an additional 200 shares during the period. Good Life Advisors LLC grew its stake in CrowdStrike by 14.3% in the 2nd quarter. Good Life Advisors LLC now owns 1,816 shares of the company’s stock valued at $925,000 after buying an additional 227 shares in the last quarter. Capital Investment Counsel Inc raised its holdings in CrowdStrike by 4.3% during the 2nd quarter. Capital Investment Counsel Inc now owns 1,827 shares of the company’s stock valued at $931,000 after acquiring an additional 75 shares during the period. Finally, Monetta Financial Services Inc. raised its holdings in CrowdStrike by 28.0% during the 2nd quarter. Monetta Financial Services Inc. now owns 3,200 shares of the company’s stock valued at $1,630,000 after acquiring an additional 700 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Sanford C. Bernstein reduced their price target on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. JMP Securities raised their target price on CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a research note on Tuesday, September 23rd. Needham & Company LLC lifted their target price on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a report on Thursday, September 18th. New Street Research set a $460.00 price target on CrowdStrike in a research report on Thursday, August 28th. Finally, The Goldman Sachs Group increased their price target on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $513.49.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the president owned 379,116 shares in the company, valued at $189,558,000. The trade was a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,622 shares of company stock valued at $58,561,456 over the last ninety days. 3.32% of the stock is currently owned by insiders.

CrowdStrike Stock Down 2.9%

CRWD stock opened at $529.78 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $497.35 and its 200 day moving average is $470.67. The stock has a market cap of $132.95 billion, a price-to-earnings ratio of -445.19, a price-to-earnings-growth ratio of 128.27 and a beta of 1.16. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during 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%. CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the business posted $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. Sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.