IVC Wealth Advisors LLC Has $747,000 Position in CrowdStrike $CRWD

IVC Wealth Advisors LLC increased its position in CrowdStrike (NASDAQ:CRWD) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,467 shares of the company’s stock after buying an additional 44 shares during the quarter. IVC Wealth Advisors LLC’s holdings in CrowdStrike were worth $747,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike in the first quarter valued at approximately $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 valued at $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new stake in CrowdStrike in the first quarter valued at approximately $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 valued at $27,000 after acquiring an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike in the first quarter valued at approximately $30,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In other news, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction 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 $109,257,564.08. This trade represents a 4.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 132,816 shares of company stock worth $62,606,356. 3.32% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on CRWD. Morgan Stanley upped their target price on CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a report on Thursday, September 18th. Barclays upped their target price on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. DA Davidson upped their target price on CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Finally, DZ Bank cut CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a report on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $487.11.

CrowdStrike Trading Down 1.4%

NASDAQ CRWD opened at $489.88 on Friday. The firm has a market capitalization of $122.94 billion, a P/E ratio of -411.66, a PEG ratio of 115.12 and a beta of 1.19. The business has a fifty day simple moving average of $446.22 and a 200 day simple moving average of $440.01. CrowdStrike has a 12 month low of $283.80 and a 12 month high of $517.98. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last released its quarterly 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. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm 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.