Simplicity Wealth LLC Buys 818 Shares of CrowdStrike $CRWD

Simplicity Wealth LLC boosted its stake in CrowdStrike (NASDAQ:CRWD) by 60.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,171 shares of the company’s stock after purchasing an additional 818 shares during the period. Simplicity Wealth LLC’s holdings in CrowdStrike were worth $1,106,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CRWD. Nuveen LLC bought a new stake in shares of CrowdStrike during the first quarter worth about $595,766,000. Jennison Associates LLC boosted its position in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after acquiring an additional 955,529 shares during the last quarter. Vanguard Group Inc. increased its position in CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after acquiring an additional 760,222 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 1.2%

Shares of CRWD stock opened at $495.95 on Tuesday. CrowdStrike has a fifty-two week low of $285.79 and a fifty-two week high of $517.98. 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 $446.69 and a two-hundred day simple moving average of $441.44. The company has a market cap of $124.46 billion, a P/E ratio of -416.76, a PEG ratio of 115.12 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other news, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president owned 379,116 shares in the company, valued at approximately $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 1,762 shares of the firm’s 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 completion of the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at approximately $17,972,184.55. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Cfra reissued a “hold” rating and issued a $555.00 price objective (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $510.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Barclays increased their price target on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Mizuho lifted their price objective on CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Finally, Capital One Financial increased their target price on shares of CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $487.11.

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.