CrowdStrike $CRWD Shares Acquired by Westpac Banking Corp

Westpac Banking Corp lifted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 209.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,523 shares of the company’s stock after acquiring an additional 2,385 shares during the period. Westpac Banking Corp’s holdings in CrowdStrike were worth $1,794,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after acquiring an additional 2,417 shares in the last quarter. Edgestream Partners L.P. acquired a new position in CrowdStrike during the first quarter worth about $798,000. Csenge Advisory Group acquired a new stake in CrowdStrike in the first quarter valued at $227,000. Fountainhead AM LLC increased its position in shares of CrowdStrike by 5.9% in the first quarter. Fountainhead AM LLC now owns 874 shares of the company’s stock valued at $308,000 after buying an additional 49 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of CrowdStrike by 3.1% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,009 shares of the company’s stock worth $356,000 after buying an additional 30 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president owned 379,116 shares in the company, valued at approximately $189,558,000. This represents a 5.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike 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 trade represents a 0.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 116,622 shares of company stock worth $58,561,456. Insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of several recent research reports. Zacks Research downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Macquarie boosted their price target on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Wells Fargo & Company increased their price objective on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Wednesday, October 1st. Barclays boosted their target price on shares of CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Roth Capital reiterated a “buy” rating and set a $510.00 price target (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. One equities research 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 stock. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $522.82.

CrowdStrike Price Performance

CRWD traded up $0.09 on Monday, reaching $537.64. The company had a trading volume of 87,219 shares, compared to its average volume of 3,463,489. CrowdStrike has a one year low of $298.00 and a one year high of $566.90. The company has a market capitalization of $134.93 billion, a P/E ratio of -452.46, a PEG ratio of 126.32 and a beta of 1.16. The company has a fifty day moving average of $499.74 and a 200-day moving average of $472.05. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating 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 company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. 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 research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current 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.