Nicholas Company Inc. Decreases Stock Holdings in CrowdStrike $CRWD

Nicholas Company Inc. decreased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 34.9% during the second quarter, Holdings Channel.com reports. The firm owned 19,596 shares of the company’s stock after selling 10,510 shares during the period. Nicholas Company Inc.’s holdings in CrowdStrike were worth $9,980,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CRWD. Cloud Capital Management LLC purchased a new stake in CrowdStrike during the first quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC raised its stake in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike in the first quarter valued at $26,000. AlphaQuest LLC bought a new stake in shares of CrowdStrike in the 2nd quarter worth about $26,000. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike during the 1st quarter worth about $30,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $528.77, for a total value 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. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares of the company’s stock, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 156,840 shares of company stock valued at $75,350,186 over the last quarter. 3.32% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Mizuho upped their price target on shares of CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a report on Wednesday, September 17th. Scotiabank upgraded shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $440.00 to $600.00 in a report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft upped their price target on shares of CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a report on Thursday, September 18th. BMO Capital Markets upped their price target on shares of CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, September 18th. Finally, Jefferies Financial Group upped their price target on shares of CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $505.78.

CrowdStrike Trading Up 0.8%

NASDAQ CRWD opened at $543.01 on Friday. The company’s 50-day moving average price is $475.45 and its 200-day moving average price is $461.40. 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 stock has a market cap of $136.27 billion, a PE ratio of -456.31, a PEG ratio of 127.60 and a beta of 1.19. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $553.64.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the business 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. Equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike 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.