Apexium Financial LP Trims Stock Holdings in CrowdStrike $CRWD

Apexium Financial LP reduced its stake in CrowdStrike (NASDAQ:CRWD) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,250 shares of the company’s stock after selling 34 shares during the quarter. Apexium Financial LP’s holdings in CrowdStrike were worth $1,146,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Patron Partners LLC boosted its position in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after buying an additional 22 shares during the period. Real Talk Capital LLC boosted its position in shares of CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares during the period. Tradewinds Capital Management LLC boosted its position in shares of CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after buying an additional 25 shares during the period. Close Asset Management Ltd boosted its position in shares of CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after buying an additional 25 shares during the period. Finally, Ramirez Asset Management Inc. boosted its position in shares of CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Trading Down 1.4%

NASDAQ:CRWD opened at $489.88 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 business’s 50 day moving average is $446.22 and its two-hundred day moving average is $439.56. CrowdStrike has a 52 week low of $283.80 and a 52 week high of $517.98. The company has a market cap of $122.94 billion, a PE ratio of -411.66, a P/E/G ratio of 116.74 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last released its 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the business posted $1.04 EPS. CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. 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 year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CRWD shares. Barclays upped their target price on CrowdStrike from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. BMO Capital Markets increased their price target on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, September 18th. Stephens increased their price target on CrowdStrike from $510.00 to $525.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Morgan Stanley increased their price target on CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a report on Thursday, September 18th. Finally, Wells Fargo & Company increased their price target on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $487.11.

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president owned 379,116 shares of the company’s stock, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 132,816 shares of company stock worth $62,606,356 over the last quarter. 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.