Lynch Asset Management Inc. Raises Stock Holdings in CrowdStrike $CRWD

Lynch Asset Management Inc. lifted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 19.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,950 shares of the company’s stock after purchasing an additional 3,100 shares during the period. CrowdStrike comprises about 3.0% of Lynch Asset Management Inc.’s investment portfolio, making the stock its 8th biggest position. Lynch Asset Management Inc.’s holdings in CrowdStrike were worth $9,293,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Disciplined Equity Management Inc. increased its stake in CrowdStrike by 0.8% in the 3rd quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock worth $1,179,000 after purchasing an additional 20 shares during the period. Fire Capital Management LLC grew its holdings in shares of CrowdStrike by 1.7% in the third quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock worth $608,000 after purchasing an additional 21 shares during the last quarter. Patron Partners LLC increased its stake in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after buying an additional 22 shares during the period. Nova Wealth Management Inc. grew its holdings in CrowdStrike by 5.4% in the 3rd quarter. Nova Wealth Management Inc. now owns 428 shares of the company’s stock worth $210,000 after acquiring an additional 22 shares during the last quarter. Finally, Brighton Jones LLC grew its holdings in CrowdStrike by 0.3% in the 3rd quarter. Brighton Jones LLC now owns 7,776 shares of the company’s stock worth $3,813,000 after acquiring an additional 22 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CRWD shares. BMO Capital Markets boosted their price target on CrowdStrike from $500.00 to $555.00 and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Evercore ISI upped their price target on CrowdStrike from $430.00 to $460.00 and gave the stock an “in-line” rating in a research note on Wednesday, December 3rd. Wells Fargo & Company lifted their price target on shares of CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research report on Wednesday, October 1st. BNP Paribas Exane boosted their price target on CrowdStrike from $350.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Susquehanna lifted their price objective on CrowdStrike from $530.00 to $600.00 and gave the company a “positive” rating in a research note on Wednesday, December 3rd. Thirty-two investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $555.10.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $470.61 on Monday. The stock has a 50 day moving average of $502.48 and a 200 day moving average of $481.51. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18. The firm has a market cap of $118.64 billion, a PE ratio of -373.50, a PEG ratio of 113.19 and a beta of 1.03.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm posted $0.93 earnings per share. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other news, President Michael Sentonas sold 11,461 shares of CrowdStrike stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $479.78, for a total value of $5,498,758.58. Following the transaction, the president directly owned 342,655 shares in the company, valued at approximately $164,399,015.90. This trade represents a 3.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 765,456 shares of the company’s stock, valued at approximately $421,153,891.20. This trade represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 73,395 shares of company stock valued at $36,920,217. Company insiders own 3.32% of the company’s stock.

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.