CrowdStrike $CRWD Shares Purchased by Golden State Wealth Management LLC

Golden State Wealth Management LLC increased its position in shares of CrowdStrike (NASDAQ:CRWDFree Report) by 122.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,157 shares of the company’s stock after buying an additional 637 shares during the quarter. Golden State Wealth Management LLC’s holdings in CrowdStrike were worth $589,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in CRWD. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike during the first quarter worth approximately $26,000. AlphaQuest LLC purchased a new stake in CrowdStrike in the 2nd quarter valued at $26,000. Neo Ivy Capital Management acquired a new stake in CrowdStrike during the 1st quarter worth $30,000. Saudi Central Bank acquired a new stake in CrowdStrike during the 1st quarter worth $34,000. Finally, Financial Management Professionals Inc. grew its position in CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. DZ Bank cut shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price for the company. in a report on Wednesday, September 24th. Needham & Company LLC upped their price objective on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Evercore ISI increased their price objective on CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. BTIG Research boosted their target price on CrowdStrike from $489.00 to $640.00 and gave the company a “buy” rating in a report on Tuesday. Finally, KeyCorp upped their price target on CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $510.80.

Read Our Latest Stock Analysis on CRWD

CrowdStrike Stock Down 0.3%

CRWD opened at $532.52 on Friday. 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 has a 12 month low of $298.00 and a 12 month high of $555.81. The stock has a market capitalization of $133.64 billion, a P/E ratio of -447.49, a P/E/G ratio of 125.52 and a beta of 1.16. The business has a 50 day simple moving average of $484.48 and a 200-day simple moving average of $465.29.

CrowdStrike (NASDAQ:CRWDGet Free Report) last announced 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 return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company posted $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. On average, equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In related news, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the completion of the sale, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. This trade represents a 4.63% 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, 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 sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 116,622 shares of company stock worth $58,561,456. 3.32% of the stock is owned by company insiders.

CrowdStrike Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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