CrowdStrike $CRWD Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. trimmed its stake in shares of CrowdStrike (NASDAQ:CRWD) by 8.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,625 shares of the company’s stock after selling 799 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in CrowdStrike were worth $4,393,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CRWD. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike during the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of CrowdStrike by 114.3% during the 1st 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 acquired a new stake in shares of CrowdStrike during the 1st quarter valued at approximately $26,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter valued at approximately $26,000. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the 1st quarter valued at approximately $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the completion of the sale, the chief accounting officer directly owned 37,255 shares of the company’s stock, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 163,090 shares of company stock worth $78,144,499 in the last three months. 3.32% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. DA Davidson lifted their price objective on CrowdStrike from $490.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Rosenblatt Securities restated a “buy” rating and set a $490.00 price objective on shares of CrowdStrike in a research report on Thursday, September 18th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. The Goldman Sachs Group lifted their price objective on CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Finally, Oppenheimer lifted their price objective on CrowdStrike from $520.00 to $560.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $505.78.

CrowdStrike Stock Up 3.3%

CRWD stock opened at $546.94 on Wednesday. The stock has a market capitalization of $137.26 billion, a P/E ratio of -459.61, a PEG ratio of 124.48 and a beta of 1.19. 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 has a one year low of $294.68 and a one year high of $553.64. The company has a 50 day moving average price of $467.99 and a two-hundred day moving average price of $458.06.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current 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.