Arthur M. Cohen & Associates LLC Cuts Stock Holdings in CrowdStrike $CRWD

Arthur M. Cohen & Associates LLC decreased its stake in shares of CrowdStrike (NASDAQ:CRWD) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,616 shares of the company’s stock after selling 644 shares during the period. CrowdStrike comprises 1.7% of Arthur M. Cohen & Associates LLC’s portfolio, making the stock its 15th largest holding. Arthur M. Cohen & Associates LLC’s holdings in CrowdStrike were worth $9,481,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its position in CrowdStrike by 20.4% during the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock valued at $447,000 after purchasing an additional 215 shares during the period. OLD National Bancorp IN bought a new position in CrowdStrike during the first quarter valued at approximately $248,000. Bessemer Group Inc. lifted its position in CrowdStrike by 4.6% during the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after purchasing an additional 98 shares during the period. Geneos Wealth Management Inc. lifted its position in CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after purchasing an additional 5,998 shares during the period. Finally, Benchmark Investment Advisors LLC lifted its position in CrowdStrike by 90.8% during the first quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock valued at $3,613,000 after purchasing an additional 4,877 shares during the period. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD opened at $502.55 on Friday. The company has a 50 day moving average price of $442.94 and a 200-day moving average price of $430.16. CrowdStrike has a fifty-two week low of $272.67 and a fifty-two week high of $517.98. The stock has a market capitalization of $126.12 billion, a PE ratio of -422.31, a PEG ratio of 118.20 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the company earned $1.04 EPS. The company’s revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In related news, Director Roxanne S. Austin sold 9,447 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the sale, the director owned 18,858 shares of the company’s stock, valued at $9,667,553.70. This represents a 33.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director directly owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 143,734 shares of company stock valued at $67,337,728 over the last three months. Company insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CRWD. Wedbush reiterated a “buy” rating on shares of CrowdStrike in a research report on Thursday, August 28th. Barclays raised their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday. Wells Fargo & Company raised their target price on shares of CrowdStrike from $430.00 to $550.00 and gave the company an “overweight” rating in a research note on Monday, June 2nd. UBS Group cut their target price on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the company. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $473.85.

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.