Arrowroot Family Office LLC bought a new position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 690 shares of the company’s stock, valued at approximately $351,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings 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 purchasing an additional 908,554 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted 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 worth $977,149,000 after purchasing an additional 955,529 shares during the last quarter. Goldman Sachs Group Inc. boosted 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 worth $939,747,000 after purchasing an additional 760,222 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after purchasing an additional 352,473 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CRWD has been the topic of several recent research reports. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. Wedbush boosted their target price on CrowdStrike from $525.00 to $600.00 and gave the stock an “outperform” rating in a report on Monday. Weiss Ratings restated a “sell (d)” rating on shares of CrowdStrike in a report on Wednesday, October 8th. Robert W. Baird lifted their price target on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. Finally, Truist Financial lifted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $510.80.
CrowdStrike Stock Down 3.3%
Shares of NASDAQ CRWD opened at $533.92 on Wednesday. The firm has a market cap of $133.99 billion, a price-to-earnings ratio of -448.67, a PEG ratio of 129.70 and a beta of 1.16. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $555.81. The business’s 50 day moving average is $480.44 and its two-hundred day moving average is $464.34.
CrowdStrike (NASDAQ:CRWD – Get Free Report) 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. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts predict that CrowdStrike will post 0.55 EPS for the current year.
Insider Buying and Selling
In other CrowdStrike news, CEO George Kurtz sold 6,975 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total value of $3,835,482.75. Following the sale, the chief executive officer owned 2,108,082 shares of the company’s stock, valued at $1,159,213,210.98. The trade was a 0.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares in the company, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 116,622 shares of company stock valued at $58,561,456 over the last quarter. 3.32% of the stock is owned by corporate insiders.
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.
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