L.M. Kohn & Company lessened its stake in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 19.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,273 shares of the company’s stock after selling 550 shares during the quarter. L.M. Kohn & Company’s holdings in CrowdStrike were worth $1,158,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. AlphaQuest LLC acquired a new stake in CrowdStrike in the 2nd quarter worth about $26,000. Financial Management Professionals Inc. raised its stake in CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares in the last quarter. Wealth Watch Advisors INC acquired a new stake in CrowdStrike in the 2nd quarter worth about $37,000. Cloud Capital Management LLC acquired a new stake in CrowdStrike in the 1st quarter worth about $25,000. Finally, Vision Financial Markets LLC acquired a new stake in CrowdStrike in the 1st quarter worth about $26,000. Institutional investors and hedge funds own 71.16% of the company’s stock.
Insider Activity at CrowdStrike
In related 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 transaction of $850,006.42. Following 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares in the company, valued at $38,815,405.86. This trade represents a 2.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 163,090 shares of company stock worth $78,144,499 in the last ninety days. Insiders own 3.32% of the company’s stock.
CrowdStrike Trading Up 3.3%
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly 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 company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts have weighed in on the stock. Arete upgraded shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 price objective for the company in a research note on Tuesday. UBS Group dropped their price objective on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Macquarie raised their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a report on Friday, September 19th. Rosenblatt Securities reissued a “buy” rating and issued a $490.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Piper Sandler decreased their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $505.78.
View Our Latest Research Report on CRWD
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.
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