RKL Wealth Management LLC Sells 362 Shares of CrowdStrike $CRWD

RKL Wealth Management LLC trimmed its position in CrowdStrike (NASDAQ:CRWD) by 4.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,159 shares of the company’s stock after selling 362 shares during the period. RKL Wealth Management LLC’s holdings in CrowdStrike were worth $4,155,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CRWD. Brighton Jones LLC increased its position in CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. NBC Securities Inc. boosted its stake in CrowdStrike by 57,100.0% during the 1st quarter. NBC Securities Inc. now owns 2,288 shares of the company’s stock valued at $806,000 after purchasing an additional 2,284 shares during the last quarter. LVW Advisors LLC acquired a new position in CrowdStrike during the 1st quarter valued at about $229,000. Merit Financial Group LLC boosted its stake in CrowdStrike by 30.2% during the 1st quarter. Merit Financial Group LLC now owns 4,390 shares of the company’s stock valued at $1,548,000 after purchasing an additional 1,019 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its stake in CrowdStrike by 426.3% during the 1st quarter. ST Germain D J Co. Inc. now owns 100 shares of the company’s stock valued at $35,000 after purchasing an additional 81 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 2.0%

NASDAQ:CRWD opened at $499.96 on Thursday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $125.47 billion, a PE ratio of -420.13, a price-to-earnings-growth ratio of 115.24 and a beta of 1.19. The firm’s 50 day moving average is $445.08 and its 200 day moving average is $437.78. CrowdStrike has a 12 month low of $274.86 and a 12 month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the business 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. Sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,816 shares of company stock valued at $52,606,356 over the last quarter. Insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CRWD shares. Piper Sandler cut their price target on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. Robert W. Baird lifted their price target on CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. DA Davidson lifted their price target on CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. DZ Bank downgraded CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price target for the company. in a research note on Wednesday, September 24th. Finally, Barclays lifted their price target on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus price target of $484.95.

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.