Cyndeo Wealth Partners LLC Grows Position in CrowdStrike $CRWD

Cyndeo Wealth Partners LLC lifted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 174.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,618 shares of the company’s stock after buying an additional 2,300 shares during the period. Cyndeo Wealth Partners LLC’s holdings in CrowdStrike were worth $1,843,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CRWD. Brighton Jones LLC boosted its position in shares of CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of CrowdStrike by 43.5% during the first quarter. Harbor Capital Advisors Inc. now owns 4,396 shares of the company’s stock valued at $1,550,000 after buying an additional 1,332 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of CrowdStrike by 43.6% during the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock valued at $1,087,000 after buying an additional 936 shares during the last quarter. CX Institutional purchased a new stake in shares of CrowdStrike during the first quarter valued at $175,000. Finally, Focus Financial Network Inc. boosted its position in shares of CrowdStrike by 16.2% during the first quarter. Focus Financial Network Inc. now owns 2,755 shares of the company’s stock valued at $971,000 after buying an additional 384 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CRWD shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $510.00 target price on shares of CrowdStrike in a research report on Thursday, September 18th. Stephens raised their target price on CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday. Barclays raised 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. Sanford C. Bernstein dropped their target price on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research report on Thursday, August 28th. Finally, Cantor Fitzgerald raised their target price on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $493.33.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 157,816 shares of company stock worth $75,331,356 in the last three months. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Stock Down 3.0%

NASDAQ CRWD opened at $493.66 on Friday. The stock’s 50-day moving average price is $450.04 and its 200-day moving average price is $443.90. 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 $294.68 and a 52 week high of $517.98. The company has a market capitalization of $123.89 billion, a P/E ratio of -414.84, a price-to-earnings-growth ratio of 119.64 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 firm 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 company earned $1.04 earnings per share. The business’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. On average, equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

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.