SLT Holdings LLC Buys 562 Shares of CrowdStrike $CRWD

SLT Holdings LLC grew its position in shares of CrowdStrike (NASDAQ:CRWD) by 15.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,304 shares of the company’s stock after buying an additional 562 shares during the quarter. CrowdStrike accounts for approximately 1.7% of SLT Holdings LLC’s holdings, making the stock its 15th largest position. SLT Holdings LLC’s holdings in CrowdStrike were worth $2,192,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of CrowdStrike by 20.4% in the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock worth $447,000 after purchasing an additional 215 shares during the period. Bessemer Group Inc. raised its position in CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock worth $783,000 after acquiring an additional 98 shares during the period. Geneos Wealth Management Inc. raised its position in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after acquiring an additional 5,998 shares during the period. Benchmark Investment Advisors LLC raised its position in CrowdStrike by 90.8% in the first quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock worth $3,613,000 after acquiring an additional 4,877 shares during the period. Finally, CX Institutional bought a new position in CrowdStrike in the first quarter worth approximately $175,000. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of CrowdStrike stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president directly owned 354,116 shares of the company’s stock, valued at approximately $182,369,740. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction that occurred on Wednesday, September 24th. The stock was 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 directly owned 37,255 shares in the company, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 157,816 shares of company stock valued at $75,331,356. 3.32% of the stock is owned by insiders.

CrowdStrike Trading Down 3.0%

CrowdStrike stock opened at $493.66 on Friday. The stock has a market cap of $123.89 billion, a P/E ratio of -414.84, a PEG ratio of 119.64 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98. The firm’s 50 day moving average price is $450.04 and its 200-day moving average price is $443.90.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data 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 firm 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 company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter last 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. On average, equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent research reports. Stephens raised their target price on CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday. Mizuho raised 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. Sanford C. Bernstein decreased their price objective on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research note on Thursday, August 28th. Macquarie raised their price objective on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Finally, Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $493.33.

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.