CrowdStrike $CRWD Shares Sold by Delta Investment Management LLC

Delta Investment Management LLC lessened its position in shares of CrowdStrike (NASDAQ:CRWD) by 11.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,117 shares of the company’s stock after selling 392 shares during the quarter. Delta Investment Management LLC’s holdings in CrowdStrike were worth $1,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of CrowdStrike by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 340,634 shares of the company’s stock worth $173,482,000 after buying an additional 30,566 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of CrowdStrike by 24.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 45,093 shares of the company’s stock worth $22,966,000 after buying an additional 8,730 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of CrowdStrike by 17.2% during the 2nd quarter. Wealthfront Advisers LLC now owns 25,144 shares of the company’s stock worth $12,806,000 after buying an additional 3,695 shares during the last quarter. Atlatl Advisers LLC acquired a new position in shares of CrowdStrike during the 2nd quarter worth $234,000. Finally, Optimum Investment Advisors increased its position in CrowdStrike by 20.3% during the 2nd quarter. Optimum Investment Advisors now owns 320 shares of the company’s stock worth $163,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 1.0%

CRWD opened at $527.32 on Monday. 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 stock has a market capitalization of $132.34 billion, a price-to-earnings ratio of -443.12, a price-to-earnings-growth ratio of 123.92 and a beta of 1.19. The business has a 50-day moving average of $463.35 and a two-hundred day moving average of $455.76. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $535.52.

CrowdStrike (NASDAQ:CRWD) last posted 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 return on equity of 1.53% and a negative net margin of 6.84%.The firm’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous 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. On average, research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the sale, the president owned 354,116 shares in the company, valued at approximately $182,369,740. The trade was a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 10,706 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares of the company’s stock, valued at $109,257,564.08. The trade was a 4.63% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 158,090 shares of company stock worth $75,500,649. Company insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on CRWD. JMP Securities lifted their price objective on CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a research report on Tuesday, September 23rd. Mizuho lifted their price objective on CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Piper Sandler dropped their price objective on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research report on Thursday, August 28th. Cfra reiterated a “hold” rating and set a $555.00 price objective (up previously from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Finally, DZ Bank cut CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a research report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $496.47.

About CrowdStrike

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.