L & S Advisors Inc Increases Stock Holdings in CrowdStrike $CRWD

L & S Advisors Inc grew its position in shares of CrowdStrike (NASDAQ:CRWD) by 18.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,199 shares of the company’s stock after buying an additional 1,876 shares during the period. L & S Advisors Inc’s holdings in CrowdStrike were worth $6,213,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Jennison Associates LLC lifted its position in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of CrowdStrike by 5.0% during the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after buying an additional 273,922 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of 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 valued at $977,149,000 after acquiring an additional 955,529 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after buying an additional 760,222 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the company’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 completion of the transaction, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Burt W. Podbere sold 10,706 shares of CrowdStrike stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares in the company, valued at approximately $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 116,622 shares of company stock worth $58,561,456 in the last 90 days. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Stock Down 2.9%

CRWD opened at $529.78 on Friday. The stock has a market cap of $132.95 billion, a PE ratio of -445.19, a price-to-earnings-growth ratio of 128.27 and a beta of 1.16. The stock’s fifty day simple moving average is $497.35 and its 200 day simple moving average is $470.67. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the business posted $1.04 earnings per share. CrowdStrike’s quarterly 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. As a group, research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JMP Securities lifted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a research report on Tuesday, September 23rd. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $440.00 to $600.00 in a report on Thursday, September 25th. Jefferies Financial Group lifted their price objective on CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Wedbush increased their price target on CrowdStrike from $525.00 to $600.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Finally, Arete Research set a $706.00 target price on shares of CrowdStrike in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $515.60.

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.