NTV Asset Management LLC Boosts Stock Position in CrowdStrike $CRWD

NTV Asset Management LLC raised its position in shares of CrowdStrike (NASDAQ:CRWD) by 10.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,896 shares of the company’s stock after purchasing an additional 181 shares during the quarter. NTV Asset Management LLC’s holdings in CrowdStrike were worth $966,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CRWD. Nuveen LLC purchased a new stake in CrowdStrike during the 1st quarter valued at about $595,766,000. Jennison Associates LLC boosted its stake in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after buying an additional 955,529 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after buying an additional 908,554 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after buying an additional 760,222 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related 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 value of $10,000,000.00. Following the completion of the sale, the president owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were 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 directly owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This represents a 4.63% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $489.88 on Friday. The business has a 50 day simple moving average of $446.22 and a two-hundred day simple moving average of $439.56. CrowdStrike has a 12 month low of $283.80 and a 12 month high of $517.98. The stock has a market capitalization of $122.94 billion, a P/E ratio of -411.66, a PEG ratio of 116.74 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating 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 business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the firm earned $1.04 earnings per share. The business’s 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. As a group, analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on CRWD. Robert W. Baird upped their target price on CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. TD Cowen upped their target price on CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research note on Friday. Canaccord Genuity Group upped their target price on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research note on Monday, September 22nd. Royal Bank Of Canada restated an “outperform” rating and issued a $510.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, Wells Fargo & Company increased their price target on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $487.11.

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.