Bessemer Group Inc. Increases Position in CrowdStrike $CRWD

Bessemer Group Inc. raised its position in CrowdStrike (NASDAQ:CRWD) by 9,831.7% during the second quarter, HoldingsChannel reports. The firm owned 220,583 shares of the company’s stock after buying an additional 218,362 shares during the quarter. Bessemer Group Inc.’s holdings in CrowdStrike were worth $112,345,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares during the last quarter. GAMMA Investing LLC grew its position in shares of CrowdStrike by 43.6% in the 1st quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock valued at $1,087,000 after buying an additional 936 shares during the last quarter. Diversified Trust Co purchased a new position in shares of CrowdStrike in the 1st quarter valued at $231,000. Bartlett & CO. Wealth Management LLC grew its position in shares of CrowdStrike by 646.0% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 373 shares of the company’s stock valued at $132,000 after buying an additional 323 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at $293,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 0.5%

CRWD stock opened at $529.70 on Tuesday. CrowdStrike has a one year low of $294.68 and a one year high of $535.52. The stock has a market capitalization of $132.93 billion, a PE ratio of -445.12, a price-to-earnings-growth ratio of 123.92 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a fifty day moving average of $465.42 and a 200-day moving average of $456.82.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 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 analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $1.04 EPS. The business’s revenue was up 21.4% on a year-over-year basis. 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, analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Canaccord Genuity Group increased their target price 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. JMP Securities increased their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a research note on Tuesday, September 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $490.00 price target on shares of CrowdStrike in a research note on Thursday, September 18th. Robert W. Baird increased their price target on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $496.47.

Insider Buying and Selling

In other news, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the transaction, the chief financial officer owned 220,424 shares of the company’s stock, valued at $109,257,564.08. This represents a 4.63% 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. 3.32% of the stock is currently owned by insiders.

CrowdStrike Company 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.