Profund Advisors LLC Acquires 3,627 Shares of CrowdStrike $CRWD

Profund Advisors LLC boosted its stake in CrowdStrike (NASDAQ:CRWD) by 18.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,054 shares of the company’s stock after purchasing an additional 3,627 shares during the period. Profund Advisors LLC’s holdings in CrowdStrike were worth $11,742,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CRWD. PFG Advisors raised its holdings in CrowdStrike by 12.3% during the 2nd quarter. PFG Advisors now owns 1,080 shares of the company’s stock worth $550,000 after purchasing an additional 118 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC bought a new position in CrowdStrike in the second quarter worth approximately $281,000. Midwest Trust Co acquired a new stake in CrowdStrike in the 2nd quarter valued at $1,852,000. DJE Kapital AG bought a new position in CrowdStrike in the 2nd quarter valued at about $5,802,000. Finally, Acadian Asset Management LLC bought a new position in CrowdStrike during the 2nd quarter valued at $12,276,000. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Stifel Nicolaus increased their price target on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. KeyCorp lifted their price target on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. BMO Capital Markets upped their price target on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, September 18th. Truist Financial lifted their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Finally, Bank of America upped their target price on shares of CrowdStrike from $470.00 to $535.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $510.80.

CrowdStrike Trading Up 1.4%

Shares of CRWD stock opened at $539.81 on Friday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $555.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market cap of $135.47 billion, a price-to-earnings ratio of -453.62, a PEG ratio of 126.85 and a beta of 1.16. The firm has a fifty day moving average price of $486.81 and a 200-day moving average price of $467.21.

CrowdStrike (NASDAQ:CRWD) last released 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. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company 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. As a group, equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,000 shares of CrowdStrike stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the sale, the director directly owned 765,456 shares of the company’s stock, valued at $421,153,891.20. The trade was a 0.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Michael Sentonas sold 10,000 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value 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 SEC filing for this sale provides additional information. Insiders have sold a total of 116,622 shares of company stock worth $58,561,456 over the last ninety days. 3.32% of the stock is currently owned by company insiders.

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.