Atria Wealth Solutions Inc. Reduces Stock Position in CrowdStrike $CRWD

Atria Wealth Solutions Inc. lessened its position in shares of CrowdStrike (NASDAQ:CRWD) by 54.6% during the 2nd quarter, Holdings Channel reports. The firm owned 14,580 shares of the company’s stock after selling 17,543 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in CrowdStrike were worth $7,450,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Financial Management Professionals Inc. grew its stake in CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike in the first quarter worth about $25,000. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike in the first quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after buying an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders sold 155,743 shares of company stock worth $74,348,319 over the last three months. 3.32% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Stephens upped their target price on CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday. Canaccord Genuity Group upped their target price on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research note on Monday, September 22nd. Morgan Stanley upped their target price on CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 18th. Wedbush restated a “buy” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $494.02.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $508.61 on Tuesday. The stock has a market capitalization of $127.64 billion, a price-to-earnings ratio of -427.40, a PEG ratio of 116.01 and a beta of 1.19. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $517.98. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average of $451.12 and a 200 day moving average of $446.01.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Sell-side analysts anticipate that CrowdStrike will post 0.55 EPS 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.