Oak Ridge Investments LLC Acquires 223 Shares of CrowdStrike $CRWD

Oak Ridge Investments LLC lifted its holdings in CrowdStrike (NASDAQ:CRWD) by 1.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 15,808 shares of the company’s stock after buying an additional 223 shares during the period. Oak Ridge Investments LLC’s holdings in CrowdStrike were worth $8,051,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. increased its holdings in shares of CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after buying an additional 34 shares during the last quarter. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike during the 1st quarter worth about $25,000. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike during the 1st quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of CrowdStrike by 114.3% during the 1st 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 period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of CrowdStrike by 305.3% during the 1st 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 period. 71.16% of the stock is currently owned by institutional investors.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 17,830 shares of the company’s 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 completion of the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s 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 completion of the sale, the director directly owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 157,816 shares of company stock worth $75,331,356. Insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD opened at $493.66 on Friday. The company has a 50 day moving average price of $450.04 and a 200-day moving average price of $444.40. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $517.98. The stock has a market capitalization of $123.89 billion, a PE ratio of -414.84, a PEG ratio of 116.00 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the company earned $1.04 EPS. The company’s revenue 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. Equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of recent analyst reports. Cantor Fitzgerald lifted their price target on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Stephens lifted their price target on shares of CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday. New Street Research set a $460.00 price target on shares of CrowdStrike in a research note on Thursday, August 28th. Barclays lifted their price target on shares of CrowdStrike from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Finally, BTIG Research reaffirmed a “buy” rating and set a $489.00 price target on shares of CrowdStrike in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $493.33.

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.