WD Rutherford LLC Reduces Position in CrowdStrike $CRWD

WD Rutherford LLC trimmed its stake in CrowdStrike (NASDAQ:CRWD) by 3.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,404 shares of the company’s stock after selling 466 shares during the quarter. CrowdStrike accounts for 3.4% of WD Rutherford LLC’s portfolio, making the stock its 3rd biggest holding. WD Rutherford LLC’s holdings in CrowdStrike were worth $7,336,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in CRWD. Cloud Capital Management LLC bought a new stake in CrowdStrike in the first quarter worth $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after acquiring an additional 40 shares in the last quarter. Vision Financial Markets LLC bought a new stake in CrowdStrike in the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in 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 acquiring an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike in the first quarter worth $30,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Up 1.8%

CRWD stock opened at $481.42 on Friday. CrowdStrike has a fifty-two week low of $272.67 and a fifty-two week high of $517.98. The business’s 50-day moving average is $443.79 and its two-hundred day moving average is $435.31. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a market cap of $120.81 billion, a price-to-earnings ratio of -404.55, a P/E/G ratio of 113.13 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations 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. As a group, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 11,561 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.69, for a total value of $5,730,672.09. Following the completion of the sale, the president owned 399,116 shares in the company, valued at $197,837,810.04. This represents a 2.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.67, for a total value of $5,306,643.02. Following the completion of the sale, the chief financial officer owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. The trade was a 4.63% decrease in their position. 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 currently owned by corporate insiders.

Analyst Ratings Changes

CRWD has been the topic of a number of research analyst reports. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. Bank of America reaffirmed a “neutral” rating and set a $470.00 price target (up from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Daiwa Capital Markets upped their price target on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Wednesday. Evercore ISI upped their price target on CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. Finally, KeyCorp upped their price target on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $483.79.

About CrowdStrike

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.