Cookson Peirce & Co. Inc. Has $46.38 Million Stake in CrowdStrike $CRWD

Cookson Peirce & Co. Inc. trimmed its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 4.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 91,065 shares of the company’s stock after selling 4,127 shares during the period. CrowdStrike makes up about 2.0% of Cookson Peirce & Co. Inc.’s investment portfolio, making the stock its 11th biggest position. Cookson Peirce & Co. Inc.’s holdings in CrowdStrike were worth $46,380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Jacobsen Capital Management acquired a new stake in CrowdStrike in the 2nd quarter valued at about $265,000. Retirement Planning Group LLC boosted its stake in CrowdStrike by 1.1% during the 2nd quarter. Retirement Planning Group LLC now owns 3,454 shares of the company’s stock worth $1,759,000 after acquiring an additional 38 shares during the last quarter. D.A. Davidson & CO. boosted its stake in CrowdStrike by 6.6% during the 2nd quarter. D.A. Davidson & CO. now owns 44,461 shares of the company’s stock worth $22,644,000 after acquiring an additional 2,771 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in CrowdStrike by 220.6% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 34,677 shares of the company’s stock worth $17,661,000 after acquiring an additional 23,862 shares during the last quarter. Finally, Whittier Trust Co. lifted its stake in CrowdStrike by 225.4% in the second quarter. Whittier Trust Co. now owns 82,448 shares of the company’s stock valued at $41,990,000 after buying an additional 57,108 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CRWD has been the topic of several recent research reports. Wedbush reiterated a “buy” rating on shares of CrowdStrike in a research note on Thursday, August 28th. DA Davidson increased their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Cfra reissued a “hold” rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. New Street Research set a $460.00 price target on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Weiss Ratings reiterated 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 issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus target price of $496.47.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $5,412,350.01. Following the sale, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock valued at $75,500,649 over the last quarter. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $503.95 on Wednesday. The company has a fifty day moving average of $458.06 and a 200-day moving average of $451.22. The firm has a market capitalization of $126.47 billion, a P/E ratio of -423.48, a P/E/G ratio of 118.34 and a beta of 1.19. 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 twelve month low of $294.68 and a twelve month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The business 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%. CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS 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.