Securian Asset Management Inc. Purchases 45 Shares of CrowdStrike $CRWD

Securian Asset Management Inc. grew its position in CrowdStrike (NASDAQ:CRWD) by 0.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,092 shares of the company’s stock after purchasing an additional 45 shares during the quarter. Securian Asset Management Inc.’s holdings in CrowdStrike were worth $6,668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of CRWD. Cloud Capital Management LLC bought a new position in shares of CrowdStrike during the first quarter worth $25,000. Atlantic Edge Private Wealth Management LLC boosted its position in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new position in shares of CrowdStrike during the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of CrowdStrike during the first quarter worth $30,000. Institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of the firm’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president owned 354,116 shares in the company, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total transaction of $850,006.42. Following the completion of the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at $17,972,184.55. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 158,090 shares of company stock worth $75,500,649. 3.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on CRWD. Wells Fargo & Company upped their target price 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. Sanford C. Bernstein dropped their target price on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. DA Davidson upped their target price on shares of CrowdStrike from $490.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. The Goldman Sachs Group lifted their price objective on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Finally, DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a report on Wednesday, September 24th. One investment 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 issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $494.95.

CrowdStrike Stock Up 3.9%

Shares of NASDAQ CRWD opened at $503.61 on Tuesday. The firm’s 50-day moving average price is $456.70 and its 200-day moving average price is $450.85. The stock has a market capitalization of $126.39 billion, a price-to-earnings ratio of -423.20, a P/E/G ratio of 113.89 and a beta of 1.19. The company has a current ratio of 1.88, a quick 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.

CrowdStrike (NASDAQ:CRWD) last released its 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 during 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 revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the business earned $1.04 EPS. 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 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.