Commonwealth Equity Services LLC Increases Stake in CrowdStrike $CRWD

Commonwealth Equity Services LLC lifted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 5.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 195,574 shares of the company’s stock after buying an additional 10,123 shares during the quarter. Commonwealth Equity Services LLC’s holdings in CrowdStrike were worth $99,608,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Andra AP fonden grew its stake in shares of CrowdStrike by 435.3% during the second quarter. Andra AP fonden now owns 19,683 shares of the company’s stock valued at $10,025,000 after buying an additional 16,006 shares during the last quarter. Ethos Financial Group LLC bought a new stake in shares of CrowdStrike in the 2nd quarter valued at about $287,000. Stone House Investment Management LLC boosted its holdings in CrowdStrike by 22.0% during the 2nd quarter. Stone House Investment Management LLC now owns 233 shares of the company’s stock valued at $119,000 after acquiring an additional 42 shares during the period. Resona Asset Management Co. Ltd. grew its position in CrowdStrike by 6.7% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 81,579 shares of the company’s stock worth $41,419,000 after acquiring an additional 5,105 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in CrowdStrike during the 2nd quarter worth approximately $769,000. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 116,622 shares of company stock worth $58,561,456 over the last 90 days. 3.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

CRWD has been the subject of a number of analyst reports. Macquarie increased their price objective on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. KeyCorp upped their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Sanford C. Bernstein dropped their price target on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. Arete upgraded shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 price objective on the stock in a research report on Tuesday, October 28th. Finally, Oppenheimer upped their price objective on shares of CrowdStrike from $520.00 to $560.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $510.80.

CrowdStrike Trading Down 0.3%

NASDAQ:CRWD opened at $532.52 on Friday. The company has a 50-day moving average price of $484.48 and a 200-day moving average price of $465.29. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $555.81. 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 $133.64 billion, a price-to-earnings ratio of -447.49, a P/E/G ratio of 125.52 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly 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. 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 for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company earned $1.04 earnings per share. CrowdStrike’s quarterly 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. Equities analysts predict that CrowdStrike will post 0.55 EPS for the current year.

About CrowdStrike

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.