WealthBridge Capital Management LLC Purchases New Position in CrowdStrike $CRWD

WealthBridge Capital Management LLC acquired a new position in shares of CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 428 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors also recently made changes to their positions in the company. Nuveen LLC bought a new position in shares of CrowdStrike during the first quarter worth approximately $595,766,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after buying an additional 955,529 shares in the last quarter. Vanguard Group Inc. grew its holdings in CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Goldman Sachs Group Inc. increased its position in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after buying an additional 760,222 shares during the period. Finally, AGF Management Ltd. lifted its holdings in shares of CrowdStrike by 41,011.0% during the first quarter. AGF Management Ltd. now owns 492,921 shares of the company’s stock worth $173,794,000 after buying an additional 491,722 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a research report on Friday, September 19th. Canaccord Genuity Group raised their target price on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a report on Monday, September 22nd. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. BMO Capital Markets boosted their price target on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $537.93.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $490.67 on Friday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The stock has a market capitalization of $123.14 billion, a price-to-earnings ratio of -412.32, a price-to-earnings-growth ratio of 115.30 and a beta of 1.16. 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’s 50 day simple moving average is $507.95 and its 200 day simple moving average is $474.32.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share 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 firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the business posted $1.04 EPS. The company’s 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, research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 116,622 shares of company stock worth $58,561,456. Insiders own 3.32% of the company’s stock.

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.