CrowdStrike $CRWD Shares Acquired by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. raised its position in shares of CrowdStrike (NASDAQ:CRWD) by 33.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,059 shares of the company’s stock after acquiring an additional 5,998 shares during the quarter. Geneos Wealth Management Inc.’s holdings in CrowdStrike were worth $8,483,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Tradewinds Capital Management LLC increased its holdings in shares of CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd increased its holdings in shares of 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 last quarter. Ramirez Asset Management Inc. increased its holdings 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 purchasing an additional 25 shares during the last quarter. Cladis Investment Advisory LLC increased its holdings in shares of CrowdStrike by 1.5% in the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after purchasing an additional 25 shares during the last quarter. Finally, Stratos Wealth Advisors LLC increased its holdings in shares of CrowdStrike by 0.9% in the first quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company’s stock valued at $1,052,000 after purchasing an additional 26 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on CRWD. Evercore ISI cut their price target on CrowdStrike from $425.00 to $405.00 and set an “in-line” rating for the company in a report on Thursday, August 28th. Oppenheimer reiterated an “outperform” rating and issued a $520.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. Susquehanna increased their price objective on CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a research report on Wednesday, June 4th. Finally, DA Davidson lowered their price objective on CrowdStrike from $530.00 to $490.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $460.10.

CrowdStrike Trading Down 1.1%

Shares of NASDAQ CRWD opened at $423.51 on Wednesday. CrowdStrike has a twelve month low of $242.25 and a twelve month high of $517.98. 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 fifty day simple moving average of $450.57 and a 200-day simple moving average of $426.27. The stock has a market capitalization of $106.28 billion, a PE ratio of -355.89, a PEG ratio of 133.97 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating 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 analysts’ expectations of $1.15 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The company’s 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, equities analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the sale, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 sale, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 153,734 shares of company stock valued at $72,162,728. 3.32% of the stock is owned by company insiders.

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.