Madison Wealth Partners Inc Sells 179 Shares of CrowdStrike $CRWD

Madison Wealth Partners Inc cut its stake in CrowdStrike (NASDAQ:CRWD) by 18.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 817 shares of the company’s stock after selling 179 shares during the quarter. Madison Wealth Partners Inc’s holdings in CrowdStrike were worth $416,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Nuveen LLC bought a new stake in CrowdStrike during the first quarter worth about $595,766,000. Jennison Associates LLC boosted its position in CrowdStrike by 21.1% during the first 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 increased its holdings in shares of CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after purchasing an additional 955,529 shares during the last quarter. Vanguard Group Inc. raised its position in shares of CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after purchasing an additional 908,554 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after purchasing an additional 760,222 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the transaction, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. This represents a 4.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,762 shares of the firm’s 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 completion of the sale, the chief accounting officer owned 37,255 shares in the company, valued at $17,972,184.55. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock valued at $75,500,649 over the last ninety days. 3.32% of the stock is owned by insiders.

CrowdStrike Trading Up 0.5%

Shares of CrowdStrike stock opened at $484.65 on Monday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The company has a market capitalization of $121.63 billion, a price-to-earnings ratio of -407.27, a PEG ratio of 113.89 and a beta of 1.19. The firm’s 50-day moving average price is $455.15 and its two-hundred day moving average price is $449.58.

CrowdStrike (NASDAQ:CRWD) last issued 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 net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. 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 forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CRWD. UBS Group decreased their price target on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. TD Cowen lifted their price target on CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $440.00 to $600.00 in a research note on Thursday, September 25th. Morgan Stanley increased their price objective on CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 18th. Finally, Cfra reissued a “hold” rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $494.95.

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.