Fire Capital Management LLC Sells 278 Shares of CrowdStrike $CRWD

Fire Capital Management LLC cut its holdings in CrowdStrike (NASDAQ:CRWD) by 18.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,218 shares of the company’s stock after selling 278 shares during the period. Fire Capital Management LLC’s holdings in CrowdStrike were worth $620,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the last quarter. Jennison Associates LLC raised its stake in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after purchasing an additional 955,529 shares during the period. Goldman Sachs Group Inc. grew its holdings in CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after purchasing an additional 760,222 shares during the period. Finally, Invesco Ltd. grew its holdings in CrowdStrike by 16.4% in the first quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after purchasing an additional 352,473 shares during the period. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Up 3.3%

Shares of CRWD stock opened at $546.94 on Wednesday. The company has a market capitalization of $137.26 billion, a price-to-earnings ratio of -459.61, a PEG ratio of 124.48 and a beta of 1.19. CrowdStrike has a one year low of $294.68 and a one year high of $553.64. The company’s fifty day moving average price is $467.99 and its 200-day moving average price is $458.06. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating 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 company’s revenue was up 21.4% on a year-over-year basis. During the same period last year, the firm 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. Sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

CRWD has been the topic of a number of recent analyst reports. UBS Group cut their price target on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. New Street Research set a $460.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. 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. KeyCorp lifted their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Finally, Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $505.78.

Insider Activity

In other news, President Michael Sentonas sold 10,000 shares of the firm’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the sale, the president directly owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $528.77, for a total transaction of $2,643,850.00. Following the sale, the director owned 770,456 shares in the company, valued at $407,394,019.12. The trade was a 0.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 163,090 shares of company stock worth $78,144,499. 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.