Belpointe Asset Management LLC Grows Stake in CrowdStrike $CRWD

Belpointe Asset Management LLC raised its position in shares of CrowdStrike (NASDAQ:CRWD) by 24.1% in the second quarter, Holdings Channel.com reports. The fund owned 9,723 shares of the company’s stock after acquiring an additional 1,891 shares during the quarter. Belpointe Asset Management LLC’s holdings in CrowdStrike were worth $4,952,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Patron Partners LLC boosted its position in CrowdStrike by 2.1% during the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after acquiring an additional 22 shares during the last quarter. Real Talk Capital LLC boosted its holdings in shares of CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares during the last quarter. Tradewinds Capital Management LLC grew 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 valued at $51,000 after purchasing an additional 25 shares in the last quarter. Close Asset Management Ltd increased its holdings in shares of CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. lifted its position in CrowdStrike by 5.9% during 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 in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $489.88 on Monday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. 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 P/E ratio of -411.66, a PEG ratio of 115.12 and a beta of 1.19. The company has a 50-day moving average price of $446.22 and a 200 day moving average price of $440.50.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results 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 business had revenue of $1.17 billion for 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 company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter 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. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRWD. Stifel Nicolaus raised their price objective on shares of CrowdStrike from $495.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Roth Capital reaffirmed a “buy” rating and set a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. Piper Sandler reduced their target price on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research report on Thursday, August 28th. DA Davidson increased their price target on CrowdStrike from $490.00 to $515.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Finally, Wells Fargo & Company boosted their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $487.11.

Insiders Place Their Bets

In related news, President Michael Sentonas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction 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 represents a 5.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 132,816 shares of company stock worth $62,606,356. Corporate insiders own 3.32% of the company’s stock.

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.