NorthStar Asset Management LLC NJ Invests $236,000 in CrowdStrike $CRWD

NorthStar Asset Management LLC NJ purchased a new stake in shares of CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 464 shares of the company’s stock, valued at approximately $236,000.

A number of other large investors also recently bought and sold shares of the stock. Patron Partners LLC boosted its stake in shares of CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after acquiring an additional 22 shares in the last quarter. Real Talk Capital LLC boosted its position in CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares in the last quarter. Close Asset Management Ltd grew its holdings in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after purchasing an additional 25 shares during the period. Ramirez Asset Management Inc. increased its position in shares of CrowdStrike by 5.9% in 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 in the last quarter. Finally, Cladis Investment Advisory LLC raised its stake in shares of CrowdStrike by 1.5% during the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock worth $593,000 after buying an additional 25 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $520.59 on Thursday. The business’s 50 day moving average price is $505.50 and its 200 day moving average price is $473.58. The company has a market cap of $130.65 billion, a price-to-earnings ratio of -437.47, a PEG ratio of 120.71 and a beta of 1.16. 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 has a one year low of $298.00 and a one year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company earned $1.04 EPS. The company’s revenue for the quarter 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, research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Analysts Set New Price Targets

CRWD has been the topic of a number of research analyst reports. Macquarie lifted their price target on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. DA Davidson increased their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Berenberg Bank assumed coverage on shares of CrowdStrike in a research report on Tuesday. They issued a “hold” rating and a $600.00 target price on the stock. UBS Group reduced their price target on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, Mizuho lifted their price objective on CrowdStrike from $475.00 to $540.00 and gave the stock a “hold” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $537.49.

Insider Activity

In related news, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the transaction, the president directly owned 354,116 shares in the company, valued at approximately $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 6,975 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total value of $3,835,482.75. Following the completion of the transaction, the chief executive officer owned 2,108,082 shares of the company’s stock, valued at $1,159,213,210.98. The trade was a 0.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 116,622 shares of company stock worth $58,561,456. 3.32% of the stock is owned by company insiders.

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.