CrowdStrike $CRWD is Darden Wealth Group Inc’s 8th Largest Position

Darden Wealth Group Inc decreased its holdings in CrowdStrike (NASDAQ:CRWD) by 9.2% in the second quarter, HoldingsChannel.com reports. The firm owned 7,104 shares of the company’s stock after selling 718 shares during the quarter. CrowdStrike makes up 2.2% of Darden Wealth Group Inc’s holdings, making the stock its 8th biggest holding. Darden Wealth Group Inc’s holdings in CrowdStrike were worth $3,618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Patron Partners LLC lifted its position in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after acquiring an additional 22 shares in the last quarter. Real Talk Capital LLC lifted its stake in shares of CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares in the last quarter. Tradewinds Capital Management LLC boosted its position in CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after acquiring an additional 25 shares during the last quarter. Close Asset Management Ltd grew its stake in CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after acquiring an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. raised its holdings in CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after acquiring an additional 25 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of analyst reports. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Daiwa Capital Markets lifted their target price on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Roth Capital reiterated a “buy” rating and set a $510.00 price target (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Weiss Ratings reissued a “sell (d)” rating on shares of CrowdStrike in a research report on Friday. Finally, Cfra reaffirmed a “hold” rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $496.47.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,762 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at $17,972,184.55. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the transaction, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 158,090 shares of company stock worth $75,500,649 over the last quarter. 3.32% of the stock is currently owned by insiders.

CrowdStrike Trading Up 1.0%

Shares of CRWD stock opened at $527.32 on Friday. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $535.52. The company has a 50 day moving average price of $463.35 and a 200 day moving average price of $455.22. The stock has a market capitalization of $132.34 billion, a P/E ratio of -443.12, a price-to-earnings-growth ratio of 123.91 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last issued 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. The company had revenue of $1.17 billion during 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 firm’s revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the company posted $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. Equities research 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.