SOA Wealth Advisors LLC. Grows Position in CrowdStrike $CRWD

SOA Wealth Advisors LLC. increased its holdings in CrowdStrike (NASDAQ:CRWD) by 29.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 694 shares of the company’s stock after acquiring an additional 158 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in CrowdStrike were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Blue Trust Inc. raised its holdings in CrowdStrike by 20.4% in the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock worth $447,000 after purchasing an additional 215 shares in the last quarter. OLD National Bancorp IN purchased a new stake in shares of CrowdStrike during the first quarter valued at $248,000. Bessemer Group Inc. boosted its position in shares of CrowdStrike by 4.6% during the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after buying an additional 98 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares during the last quarter. Finally, Benchmark Investment Advisors LLC boosted its position in shares of CrowdStrike by 90.8% during the first quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock valued at $3,613,000 after buying an additional 4,877 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. This represents a 1.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, President Michael Sentonas sold 11,561 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.69, for a total value of $5,730,672.09. Following 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 112,816 shares of company stock worth $52,606,356 over the last ninety days. Corporate insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of several research reports. BTIG Research reissued a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a research report on Thursday, September 18th. Piper Sandler lowered their price target on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Citigroup reissued an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. UBS Group reduced their price objective on CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Finally, Cantor Fitzgerald lifted their price objective on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $484.95.

CrowdStrike Price Performance

Shares of CRWD stock opened at $496.80 on Friday. 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 $124.68 billion, a price-to-earnings ratio of -417.48, a P/E/G ratio of 117.49 and a beta of 1.19. CrowdStrike has a twelve month low of $278.56 and a twelve month high of $517.98. The stock has a fifty day simple moving average of $445.78 and a two-hundred day simple moving average of $438.69.

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. The firm 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 firm’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.