Napean Trading & Investment Co Singapore PTE Ltd lowered its holdings in CrowdStrike (NASDAQ:CRWD – Free Report) by 41.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,903 shares of the company’s stock after selling 4,844 shares during the period. CrowdStrike makes up about 0.9% of Napean Trading & Investment Co Singapore PTE Ltd’s portfolio, making the stock its 28th largest holding. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in CrowdStrike were worth $3,516,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Patron Partners LLC raised 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 buying an additional 22 shares in the last quarter. Real Talk Capital LLC increased its stake in CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after acquiring an additional 24 shares during the period. Close Asset Management Ltd increased its stake in CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after acquiring an additional 25 shares during the period. 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 in the last quarter. Finally, Cladis Investment Advisory LLC raised its holdings in CrowdStrike by 1.5% in the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Cantor Fitzgerald increased their price objective on shares of CrowdStrike from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Monday. Canaccord Genuity Group raised their target price on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a report on Monday, September 22nd. Finally, Wells Fargo & Company boosted their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $535.60.
Insider Activity
In related news, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction on 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 sale, the president owned 354,116 shares in the company, valued at $182,369,740. The trade was a 2.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.41, for a total value of $1,077,152.37. Following the completion of the transaction, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. The trade was a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is currently owned by insiders.
CrowdStrike Stock Down 3.0%
Shares of NASDAQ CRWD opened at $513.67 on Wednesday. The company has a market cap of $128.91 billion, a price-to-earnings ratio of -431.65, a PEG ratio of 124.49 and a beta of 1.16. 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 has a 12 month low of $298.00 and a 12 month high of $566.90. The stock has a 50-day moving average price of $503.58 and a two-hundred day moving average price of $473.25.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 21.4% compared to the same quarter last year. During the same period 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. As a group, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
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.
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