WealthPlan Investment Management LLC boosted its stake in CrowdStrike (NASDAQ:CRWD – Free Report) by 25.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,413 shares of the company’s stock after purchasing an additional 289 shares during the period. WealthPlan Investment Management LLC’s holdings in CrowdStrike were worth $720,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of CRWD. Cloud Capital Management LLC acquired a new stake in CrowdStrike in the first quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC increased its holdings 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 period. Vision Financial Markets LLC acquired a new stake in CrowdStrike in the first quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. boosted its position in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after acquiring an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike during the first quarter valued at $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
CRWD has been the topic of a number of research analyst reports. Canaccord Genuity Group upped their price target on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research report on Monday, September 22nd. Mizuho increased their price objective on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research report on Thursday, September 18th. Wells Fargo & Company increased their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. One equities research 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $494.02.
Insider Buying and Selling at CrowdStrike
In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction on 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 sale, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 155,743 shares of company stock valued at $74,348,319 over the last 90 days. 3.32% of the stock is currently owned by corporate insiders.
CrowdStrike Trading Down 1.4%
Shares of CRWD stock opened at $482.23 on Friday. The company has a 50 day moving average of $453.95 and a 200-day moving average of $447.49. 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 12-month low of $294.68 and a 12-month high of $517.98. The firm has a market cap of $121.02 billion, a P/E ratio of -405.23, a PEG ratio of 114.92 and a beta of 1.19.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last issued 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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.04 EPS. CrowdStrike’s quarterly 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. Sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current 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.
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