Howard Capital Management Inc. Buys 1,319 Shares of CrowdStrike $CRWD

Howard Capital Management Inc. raised its stake in CrowdStrike (NASDAQ:CRWD) by 24.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,787 shares of the company’s stock after purchasing an additional 1,319 shares during the period. Howard Capital Management Inc.’s holdings in CrowdStrike were worth $3,457,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. AlphaQuest LLC bought a new stake in CrowdStrike in the 2nd quarter valued at about $26,000. Financial Management Professionals Inc. grew its stake in 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. Wealth Watch Advisors INC bought a new stake in shares of CrowdStrike during the second quarter valued at approximately $37,000. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike during the first quarter worth approximately $25,000. Finally, Vision Financial Markets LLC acquired a new position in shares of CrowdStrike during the first quarter worth approximately $26,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.5%

NASDAQ:CRWD opened at $529.70 on Tuesday. CrowdStrike has a 52 week low of $294.68 and a 52 week high of $535.52. The firm has a 50-day moving average price of $465.42 and a two-hundred day moving average price of $456.82. 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 firm has a market cap of $132.93 billion, a price-to-earnings ratio of -445.12, a price-to-earnings-growth ratio of 123.92 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the company 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 analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares in the company, valued at $38,815,405.86. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the transaction, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 158,090 shares of company stock worth $75,500,649. 3.32% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRWD. Canaccord Genuity Group lifted 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. DA Davidson lifted their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. The Goldman Sachs Group boosted their target price on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. DZ Bank lowered 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. Finally, Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $496.47.

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.