CrowdStrike $CRWD Shares Bought by Reliant Investment Partners LLC

Reliant Investment Partners LLC grew its stake in CrowdStrike (NASDAQ:CRWD) by 4.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,916 shares of the company’s stock after purchasing an additional 189 shares during the period. CrowdStrike makes up approximately 2.2% of Reliant Investment Partners LLC’s portfolio, making the stock its 10th biggest holding. Reliant Investment Partners LLC’s holdings in CrowdStrike were worth $2,504,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position in CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after buying an additional 908,554 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after acquiring an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after acquiring an additional 955,529 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CrowdStrike by 39.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after acquiring an additional 760,222 shares during the period. Finally, Invesco Ltd. raised its holdings in CrowdStrike by 16.4% during the first 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 in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on CRWD. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a report on Wednesday, October 8th. Rosenblatt Securities reissued a “buy” rating and issued a $490.00 price target on shares of CrowdStrike in a report on Thursday, September 18th. Truist Financial upped their price objective on CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. Finally, New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $496.47.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $529.70 on Tuesday. The stock has a fifty day moving average price of $465.42 and a 200 day moving average price of $456.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market cap of $132.93 billion, a PE ratio of -445.12, a P/E/G ratio of 123.92 and a beta of 1.19. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $535.52.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The business 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%.The business’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the business posted $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. Sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares in the company, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 158,090 shares of company stock valued at $75,500,649. 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.