Jag Capital Management LLC Buys Shares of 20,010 CrowdStrike $CRWD

Jag Capital Management LLC bought a new stake in shares of CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,010 shares of the company’s stock, valued at approximately $10,191,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after buying an additional 2,417 shares during the period. GAMMA Investing LLC grew 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 worth $1,087,000 after acquiring an additional 936 shares during the last quarter. CX Institutional acquired a new stake in shares of CrowdStrike in the 1st quarter worth about $175,000. Tritonpoint Wealth LLC lifted its position in CrowdStrike by 13.6% in the 1st quarter. Tritonpoint Wealth LLC now owns 735 shares of the company’s stock valued at $259,000 after purchasing an additional 88 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in CrowdStrike in the 1st quarter valued at about $53,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CRWD. TD Cowen upped their target price on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Truist Financial increased their price objective on CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. Robert W. Baird increased their price target on CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of CrowdStrike in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $494.02.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 155,743 shares of company stock worth $74,348,319. Company insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $508.61 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm’s 50 day moving average is $451.12 and its 200-day moving average is $446.01. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The stock has a market capitalization of $127.64 billion, a P/E ratio of -427.40, a P/E/G ratio of 116.01 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Equities research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.