Retirement Planning Group LLC Grows Stock Holdings in CrowdStrike $CRWD

Retirement Planning Group LLC raised its position in CrowdStrike (NASDAQ:CRWD) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,454 shares of the company’s stock after acquiring an additional 38 shares during the quarter. Retirement Planning Group LLC’s holdings in CrowdStrike were worth $1,759,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. increased its position in shares of CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after acquiring an additional 34 shares during the period. Cloud Capital Management LLC bought a new stake in shares of CrowdStrike during the 1st quarter valued at about $25,000. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter valued at 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 valued at $26,000 after purchasing an additional 40 shares in the last quarter. 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 valued at $27,000 after purchasing an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.1%

Shares of NASDAQ CRWD opened at $503.95 on Wednesday. The firm’s 50 day moving average price is $458.06 and its 200-day moving average price is $451.22. The company has a market cap of $126.47 billion, a PE ratio of -423.48, a P/E/G ratio of 118.34 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $517.98. 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 issued 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 for the quarter, compared to the consensus estimate 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 in the prior year, the firm 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. On average, equities research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,883 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 158,090 shares of company stock worth $75,500,649. Corporate insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CRWD. Deutsche Bank Aktiengesellschaft lifted their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a research note on Thursday, September 18th. New Street Research set a $460.00 target price on shares of CrowdStrike in a research note on Thursday, August 28th. Zacks Research raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. Oppenheimer boosted their price objective on shares of CrowdStrike from $520.00 to $560.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Sanford C. Bernstein dropped their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research note on Thursday, August 28th. 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $496.47.

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.