Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in CrowdStrike (NASDAQ:CRWD – Free Report) by 17.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,360 shares of the company’s stock after acquiring an additional 205 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in CrowdStrike were worth $693,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Cloud Capital Management LLC bought a new stake in CrowdStrike in the first quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC bought a new stake in CrowdStrike in the first quarter valued at $26,000. AlphaQuest LLC bought a new stake in CrowdStrike in the second quarter valued at $26,000. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike in the first quarter valued at $30,000. 71.16% of the stock is currently owned by institutional investors.
Insider Transactions at CrowdStrike
In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the 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 completion of the transaction, the president directly owned 379,116 shares in the company, valued at $189,558,000. The trade was a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 156,840 shares of company stock worth $75,350,186. 3.32% of the stock is owned by insiders.
CrowdStrike Trading Up 0.8%
CrowdStrike (NASDAQ:CRWD – Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the firm posted $1.04 earnings per share. The firm’s revenue for the quarter 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. As a group, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the company. Cfra reiterated a “hold” rating and issued a $555.00 price target (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Truist Financial increased their target price on CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Cantor Fitzgerald increased their target price on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Rosenblatt Securities restated a “buy” rating and set a $490.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $505.78.
Check Out Our Latest Analysis on CRWD
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.
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