Highview Capital Management LLC DE Acquires New Position in CrowdStrike $CRWD

Highview Capital Management LLC DE bought a new stake in shares of CrowdStrike (NASDAQ:CRWD) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,171 shares of the company’s stock, valued at approximately $2,124,000.

Other institutional investors have also recently bought and sold shares of the company. Advyzon Investment Management LLC lifted its stake in shares of CrowdStrike by 142.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after purchasing an additional 533 shares during the last quarter. Draper Asset Management LLC raised its stake in shares of CrowdStrike by 59.1% in the 2nd quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after acquiring an additional 1,619 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in CrowdStrike by 33.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of CrowdStrike in the second quarter valued at approximately $397,000. Finally, Pegasus Asset Management Inc. grew its stake in CrowdStrike by 3.4% in the 2nd quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In related news, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.20, for a total value of $2,751,000.00. Following the transaction, the director owned 765,456 shares in the company, valued at $421,153,891.20. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the transaction, the chief financial officer owned 218,467 shares in the company, valued at approximately $120,246,421.47. The trade was a 0.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 116,622 shares of company stock worth $58,561,456. 3.32% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on CRWD. Canaccord Genuity Group boosted their price objective on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. Stifel Nicolaus raised their price objective on shares of CrowdStrike from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Monday. Barclays lifted their target price on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday. The Goldman Sachs Group raised their price objective on CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Finally, Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $440.00 to $600.00 in a research note on Thursday, September 25th. One equities research 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 given a Sell rating to the stock. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $535.60.

CrowdStrike Stock Down 3.0%

Shares of NASDAQ:CRWD opened at $513.67 on Wednesday. The company’s fifty day moving average is $503.58 and its 200-day moving average is $473.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The company has a market capitalization of $128.91 billion, a PE ratio of -431.65, a P/E/G ratio of 124.49 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. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the firm posted $1.04 EPS. 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 predict that CrowdStrike will post 0.55 earnings per share for the current fiscal 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.