MGO Private Wealth LLC Increases Stock Position in CrowdStrike $CRWD

MGO Private Wealth LLC increased its position in CrowdStrike (NASDAQ:CRWD) by 6.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,488 shares of the company’s stock after acquiring an additional 218 shares during the period. CrowdStrike comprises approximately 1.1% of MGO Private Wealth LLC’s holdings, making the stock its 21st largest position. MGO Private Wealth LLC’s holdings in CrowdStrike were worth $1,776,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC purchased a new position in CrowdStrike in the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC boosted its position in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC purchased a new position in CrowdStrike in the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its position 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 worth $27,000 after purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new position in CrowdStrike in the first quarter worth about $30,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CRWD. Jefferies Financial Group raised their target price on CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Royal Bank Of Canada reissued an “outperform” rating and set a $510.00 price objective on shares of CrowdStrike in a research report on Thursday, September 18th. Weiss Ratings reissued a “sell (d)” rating on shares of CrowdStrike in a research report on Saturday, September 27th. Wedbush reissued a “buy” rating on shares of CrowdStrike in a research report on Thursday, August 28th. Finally, Cfra reissued a “hold” rating and set a $555.00 price objective (up previously from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $487.11.

CrowdStrike Stock Down 1.4%

Shares of NASDAQ:CRWD opened at $489.88 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. CrowdStrike has a 12 month low of $283.80 and a 12 month high of $517.98. The company has a 50-day moving average price of $446.22 and a 200 day moving average price of $440.01. The company has a market cap of $122.94 billion, a price-to-earnings ratio of -411.66, a PEG ratio of 115.12 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last announced 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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the firm earned $1.04 EPS. The firm’s revenue for the quarter 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, equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 2,234 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.68, for a total transaction of $1,107,349.12. Following the transaction, the chief accounting officer directly owned 39,017 shares in the company, valued at approximately $19,339,946.56. This trade represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is owned by corporate insiders.

CrowdStrike 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.