Principle Wealth Partners LLC Acquires 787 Shares of CrowdStrike $CRWD

Principle Wealth Partners LLC grew its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 112.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,484 shares of the company’s stock after buying an additional 787 shares during the quarter. Principle Wealth Partners LLC’s holdings in CrowdStrike were worth $756,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Jennison Associates LLC lifted its position in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in CrowdStrike by 52.6% during 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 buying an additional 955,529 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after buying an additional 760,222 shares in the last quarter. Finally, Invesco Ltd. lifted its position in CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after buying an additional 352,473 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president owned 379,116 shares in the company, valued at $189,558,000. This represents a 5.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold 158,090 shares of company stock valued at $75,500,649 in the last 90 days. Insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on CRWD. Deutsche Bank Aktiengesellschaft boosted their price target on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research report on Thursday, September 18th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Daiwa Capital Markets upped their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Wedbush reaffirmed a “buy” rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Macquarie upped 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $496.47.

CrowdStrike Stock Up 4.4%

CrowdStrike stock opened at $521.98 on Friday. The stock has a market cap of $131.00 billion, a P/E ratio of -438.63, a P/E/G ratio of 117.52 and a beta of 1.19. 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 twelve month low of $294.68 and a twelve month high of $522.43. The company’s 50-day moving average price is $461.36 and its two-hundred day moving average price is $452.92.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share 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 analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the firm earned $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. As a group, analysts expect that CrowdStrike will post 0.55 EPS for the current year.

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.