CrowdStrike $CRWD Shares Bought by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC boosted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 8.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,847 shares of the company’s stock after buying an additional 226 shares during the quarter. Palumbo Wealth Management LLC’s holdings in CrowdStrike were worth $1,450,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Financial Management Professionals Inc. lifted its position in CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares during the period. Cloud Capital Management LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $25,000. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike during the 1st quarter valued at about $26,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after buying an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after buying an additional 58 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

CRWD opened at $476.33 on Thursday. The firm’s fifty day simple moving average is $443.62 and its two-hundred day simple moving average is $432.52. CrowdStrike has a 52-week low of $272.67 and a 52-week high of $517.98. The company has a market cap of $119.54 billion, a price-to-earnings ratio of -400.27, a PEG ratio of 113.76 and a beta of 1.12. 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 (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter 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. Equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CRWD shares. Evercore ISI lifted their price target on CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. Piper Sandler cut their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. New Street Research set a $460.00 price target on shares of CrowdStrike in a research report on Thursday, August 28th. Finally, Sanford C. Bernstein cut their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $480.07.

Insiders Place Their Bets

In other news, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the sale, the director directly owned 18,858 shares of the company’s stock, valued at $9,667,553.70. The trade was a 33.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $512.43, for a total value of $3,202,687.50. Following the sale, the director owned 781,011 shares of the company’s stock, valued at $400,213,466.73. The trade was a 0.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 129,066 shares of company stock valued at $60,934,078. 3.32% of the stock is owned by corporate 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.