GWN Securities Inc. lessened its position in CrowdStrike (NASDAQ:CRWD – Free Report) by 77.6% in the second quarter, HoldingsChannel reports. The fund owned 403 shares of the company’s stock after selling 1,396 shares during the quarter. GWN Securities Inc.’s holdings in CrowdStrike were worth $205,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Patron Partners LLC grew its stake in CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after acquiring an additional 22 shares during the period. Real Talk Capital LLC boosted its position in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after buying an additional 24 shares during the last quarter. Close Asset Management Ltd boosted its position in shares of CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after buying an additional 25 shares during the last quarter. Ramirez Asset Management Inc. boosted its position in shares of CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after buying an additional 25 shares during the last quarter. Finally, Cladis Investment Advisory LLC boosted its position in shares of CrowdStrike by 1.5% during the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.
Analyst Ratings Changes
CRWD has been the topic of several analyst reports. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. TD Cowen lifted their target price on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Zacks Research cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday. Mizuho lifted their target price on CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a research report on Wednesday, September 17th. Finally, Canaccord Genuity Group lifted their price target on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a report on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $505.78.
CrowdStrike Stock Performance
Shares of CrowdStrike stock opened at $538.68 on Friday. The business’s fifty day simple moving average is $473.00 and its 200 day simple moving average is $459.79. The firm has a market capitalization of $135.19 billion, a P/E ratio of -452.67, a price-to-earnings-growth ratio of 128.19 and a beta of 1.19. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $553.64. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last issued its 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. The firm had revenue of $1.17 billion for 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% on a year-over-year basis. During the same period in the previous year, the company 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. As a group, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.
Insider Transactions at CrowdStrike
In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction 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 in the company, valued at approximately $182,369,740. The trade was a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 156,840 shares of company stock valued at $75,350,186. 3.32% of the stock is currently owned by insiders.
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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