AlphaStar Capital Management LLC Makes New $269,000 Investment in CrowdStrike $CRWD

AlphaStar Capital Management LLC bought a new position in shares of CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 529 shares of the company’s stock, valued at approximately $269,000.

A number of other large investors also recently modified their holdings of the company. Draper Asset Management LLC raised its position in CrowdStrike by 59.1% during the 2nd quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock worth $2,176,000 after purchasing an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. raised its position in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in CrowdStrike during the 2nd quarter worth $397,000. Pegasus Asset Management Inc. raised its position in CrowdStrike by 3.4% during the 2nd quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock worth $1,238,000 after purchasing an additional 79 shares during the last quarter. Finally, Roman Butler Fullerton & Co. bought a new position in CrowdStrike during the 2nd quarter worth $1,169,000. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Jefferies Financial Group increased their price target on CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. JMP Securities increased their price target on CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a report on Tuesday, September 23rd. Piper Sandler decreased their price target on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Morgan Stanley increased their price target on CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $505.78.

CrowdStrike Stock Performance

Shares of CRWD opened at $543.01 on Friday. 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 50-day moving average of $475.45 and a 200-day moving average of $461.40. The company has a market cap of $136.27 billion, a PE ratio of -456.31, a P/E/G ratio of 127.60 and a beta of 1.19. CrowdStrike has a one year low of $294.68 and a one year high of $553.64.

CrowdStrike (NASDAQ:CRWD) last issued its 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 the consensus estimate 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 for the quarter was up 21.4% compared to the same quarter last year. During the same period last year, the business 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. On average, equities research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president owned 379,116 shares of the company’s stock, valued at $189,558,000. This trade represents a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 156,840 shares of company stock worth $75,350,186 over the last 90 days. Company insiders own 3.32% of the company’s stock.

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.