Elm Partners Management LLC Takes $4.58 Million Position in CrowdStrike $CRWD

Elm Partners Management LLC purchased a new position in CrowdStrike (NASDAQ:CRWD) in the second quarter, Holdings Channel reports. The fund purchased 9,000 shares of the company’s stock, valued at approximately $4,584,000. CrowdStrike accounts for 0.3% of Elm Partners Management LLC’s holdings, making the stock its 29th biggest holding.

A number of other large investors also recently bought and sold shares of CRWD. Nuveen LLC acquired a new position in CrowdStrike in the 1st quarter worth about $595,766,000. Jennison Associates LLC raised its holdings in 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 purchasing an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after purchasing an additional 955,529 shares during the period. Vanguard Group Inc. raised its holdings in CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after purchasing an additional 760,222 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

CRWD stock opened at $543.01 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The business has a 50 day simple moving average of $475.45 and a 200-day simple moving average of $461.40. The firm has a market capitalization of $136.27 billion, a PE ratio of -456.31, a price-to-earnings-growth ratio of 127.60 and a beta of 1.19. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $553.64.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 analyst estimates 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 was up 21.4% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CRWD shares. Roth Capital reaffirmed a “buy” rating and issued a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research note on Thursday, September 18th. Oppenheimer boosted their price objective on CrowdStrike from $520.00 to $560.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $505.78.

Insiders Place Their Bets

In other news, Director Johanna Flower sold 2,347 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares in the company, valued at $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president owned 354,116 shares of the company’s stock, valued at $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 156,840 shares of company stock valued at $75,350,186. Insiders own 3.32% of the company’s stock.

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.