CrowdStrike $CRWD Shares Sold by US Bancorp DE

US Bancorp DE trimmed its stake in shares of CrowdStrike (NASDAQ:CRWD) by 5.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,475 shares of the company’s stock after selling 4,108 shares during the quarter. US Bancorp DE’s holdings in CrowdStrike were worth $39,968,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. lifted its position in CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after acquiring an additional 34 shares during the period. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after buying an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 58 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction on 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 completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 132,816 shares of company stock valued at $62,606,356. Company insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Truist Financial raised their price target on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th. TD Cowen raised their price target on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Morgan Stanley raised their price target on CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a report on Thursday, September 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $510.00 price target on shares of CrowdStrike in a report on Thursday, September 18th. Finally, JMP Securities raised their price target on CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a report on Tuesday, September 23rd. One equities 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 assigned a Sell rating to the stock. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $493.33.

CrowdStrike Stock Performance

CrowdStrike stock opened at $509.13 on Friday. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $517.98. The company has a market capitalization of $127.77 billion, a price-to-earnings ratio of -427.84, a PEG ratio of 119.83 and a beta of 1.19. The stock has a fifty day moving average of $449.10 and a two-hundred day moving average of $443.15. 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 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The business’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. On average, analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike 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.