Cromwell Holdings LLC Boosts Stake in CrowdStrike $CRWD

Cromwell Holdings LLC lifted its position in shares of CrowdStrike (NASDAQ:CRWD) by 16.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 757 shares of the company’s stock after purchasing an additional 105 shares during the period. Cromwell Holdings LLC’s holdings in CrowdStrike were worth $386,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CRWD. Blue Trust Inc. raised its stake in CrowdStrike by 20.4% during the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock worth $447,000 after acquiring an additional 215 shares in the last quarter. OLD National Bancorp IN acquired a new position in CrowdStrike during the first quarter worth approximately $248,000. Bessemer Group Inc. grew its holdings in CrowdStrike by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after purchasing an additional 98 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after purchasing an additional 5,998 shares in the last quarter. Finally, Benchmark Investment Advisors LLC grew its holdings in CrowdStrike by 90.8% during the 1st quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock valued at $3,613,000 after purchasing an additional 4,877 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, President Michael Sentonas sold 11,561 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the completion of the transaction, the president directly owned 399,116 shares in the company, valued at $197,837,810.04. This represents a 2.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares of the company’s stock, 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. Over the last quarter, insiders sold 112,816 shares of company stock worth $52,606,356. Corporate insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CRWD shares. Daiwa Capital Markets raised their price target on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft raised 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. Scotiabank upgraded shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $440.00 to $600.00 in a research report on Thursday, September 25th. BTIG Research restated a “buy” rating and issued a $489.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Evercore ISI raised their price target on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $484.95.

CrowdStrike Price Performance

NASDAQ CRWD opened at $496.80 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $124.68 billion, a PE ratio of -417.48, a price-to-earnings-growth ratio of 117.49 and a beta of 1.19. The company has a 50 day moving average price of $445.78 and a two-hundred day moving average price of $438.69. CrowdStrike has a 12-month low of $278.56 and a 12-month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. 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 company earned $1.04 earnings per share. CrowdStrike’s revenue for the quarter 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. As a group, equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

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.