Drucker Wealth 3.0 LLC acquired a new position in CrowdStrike (NASDAQ:CRWD – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 773 shares of the company’s stock, valued at approximately $397,000.
A number of other large investors also recently bought and sold shares of CRWD. Cloud Capital Management LLC bought a new position in CrowdStrike in the first quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its stake 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 purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC purchased a new position in CrowdStrike in the first quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake 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 purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new position in CrowdStrike in the first quarter valued at about $30,000. Institutional investors own 71.16% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have issued reports on CRWD shares. Sanford C. Bernstein cut their target price on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research note on Thursday, August 28th. Morgan Stanley lifted their price target on shares of CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a report on Thursday, September 18th. UBS Group cut their price target on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Truist Financial lifted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Finally, Mizuho lifted their price target on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $493.33.
Insider Activity
In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the company’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the transaction, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 157,816 shares of company stock worth $75,331,356. 3.32% of the stock is currently owned by insiders.
CrowdStrike Price Performance
Shares of CRWD opened at $493.66 on Friday. The firm has a market capitalization of $123.89 billion, a PE ratio of -414.84, a price-to-earnings-growth ratio of 116.00 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 has a 1-year low of $294.68 and a 1-year high of $517.98. The company’s fifty day moving average price is $450.04 and its 200-day moving average price is $444.40.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.04 earnings per share. 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 EPS 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.
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