CrowdStrike $CRWD Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC decreased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 34.7% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,283 shares of the company’s stock after selling 681 shares during the quarter. HBK Sorce Advisory LLC’s holdings in CrowdStrike were worth $653,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in CRWD. Nuveen LLC acquired a new stake in shares of CrowdStrike during the first quarter worth about $595,766,000. Jennison Associates LLC raised its holdings in CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in CrowdStrike by 52.6% during 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 in the last quarter. Vanguard Group Inc. raised its holdings in CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in CrowdStrike by 39.9% during 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 in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,000 shares of the business’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 completion of the sale, the director directly owned 770,456 shares of the company’s stock, valued at $407,394,019.12. The trade was a 0.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 156,840 shares of company stock worth $75,350,186. 3.32% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Stifel Nicolaus increased their price target on shares of CrowdStrike from $495.00 to $515.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Truist Financial increased their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. BMO Capital Markets increased their price target on shares of CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, September 18th. 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 report on Thursday, September 18th. Finally, Arete raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 price target for the company in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $505.78.

CrowdStrike Trading Up 0.8%

Shares of CrowdStrike stock opened at $543.01 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average of $475.45 and a two-hundred day moving average of $460.93. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $553.64. The stock has a market cap of $136.27 billion, a PE ratio of -456.31, a price-to-earnings-growth ratio of 126.59 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the company posted $1.04 EPS. The company’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. On average, research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.