Keudell Morrison Wealth Management Boosts Stock Holdings in CrowdStrike $CRWD

Keudell Morrison Wealth Management grew its holdings in CrowdStrike (NASDAQ:CRWD) by 9.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,505 shares of the company’s stock after purchasing an additional 124 shares during the quarter. Keudell Morrison Wealth Management’s holdings in CrowdStrike were worth $767,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Financial Management Professionals Inc. lifted its holdings in CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after buying an additional 34 shares during the period. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at $25,000. Vision Financial Markets LLC bought a new position in shares of CrowdStrike in the 1st quarter worth $26,000. Atlantic Edge Private Wealth Management LLC lifted 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 last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 58 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $489.88 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The company has a 50 day moving average price of $446.22 and a 200-day moving average price of $440.01. CrowdStrike has a 1-year low of $283.80 and a 1-year high of $517.98. The firm 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:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business earned $1.04 earnings per share. The firm’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CRWD shares. Jefferies Financial Group boosted their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Evercore ISI boosted their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. Rosenblatt Securities reissued a “buy” rating and set a $490.00 target price on shares of CrowdStrike in a research report on Thursday, September 18th. Roth Capital reaffirmed a “buy” rating and issued a $510.00 price target (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Cantor Fitzgerald increased their price objective on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $487.11.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 132,816 shares of company stock worth $62,606,356 over the last quarter. 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.