OLD National Bancorp IN Purchases 25 Shares of CrowdStrike $CRWD

OLD National Bancorp IN grew its position in shares of CrowdStrike (NASDAQ:CRWD) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 728 shares of the company’s stock after purchasing an additional 25 shares during the quarter. OLD National Bancorp IN’s holdings in CrowdStrike were worth $371,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. increased its position in shares of CrowdStrike by 20.4% during the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock valued at $447,000 after purchasing an additional 215 shares during the last quarter. Bessemer Group Inc. increased its position in shares of CrowdStrike by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after purchasing an additional 98 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after purchasing an additional 5,998 shares during the last quarter. Benchmark Investment Advisors LLC increased its position in shares of CrowdStrike by 90.8% during the 1st quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock valued at $3,613,000 after purchasing an additional 4,877 shares during the last quarter. Finally, CX Institutional bought a new position in shares of CrowdStrike during the 1st quarter valued at about $175,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Price Performance

CRWD opened at $484.62 on Wednesday. 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 $286.78 and a 52-week high of $517.98. The stock has a market capitalization of $121.62 billion, a PE ratio of -407.24, a price-to-earnings-growth ratio of 116.54 and a beta of 1.19. The stock’s 50 day moving average price is $447.07 and its 200-day moving average price is $441.74.

CrowdStrike (NASDAQ:CRWD) last posted its 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. 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 analysts’ expectations of $1.15 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. The business’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. On average, equities research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president directly owned 379,116 shares in the company, valued at $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares in the company, valued at $17,972,184.55. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock valued at $62,606,356 over the last ninety days. Insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on CRWD. Oppenheimer restated an “outperform” rating and set a $520.00 price target on shares of CrowdStrike in a research report on Thursday, August 28th. Wells Fargo & Company raised their price target on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. KeyCorp raised their price target on CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Stephens raised their price target on CrowdStrike from $510.00 to $525.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Finally, Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $491.81.

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.