Equitable Trust Co. Sells 60 Shares of CrowdStrike $CRWD

Equitable Trust Co. cut its holdings in CrowdStrike (NASDAQ:CRWD) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,929 shares of the company’s stock after selling 60 shares during the period. Equitable Trust Co.’s holdings in CrowdStrike were worth $5,566,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Patron Partners LLC lifted its stake in 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 purchasing an additional 22 shares during the last quarter. Real Talk Capital LLC lifted its stake in CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares during the last quarter. Tradewinds Capital Management LLC raised its stake in shares of CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after acquiring an additional 25 shares during the last quarter. Close Asset Management Ltd raised its stake in shares of CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after acquiring an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. raised its stake in shares of CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after acquiring an additional 25 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 3.0%

Shares of CRWD stock opened at $508.61 on Tuesday. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average is $451.12 and its 200 day moving average is $446.01. The stock has a market capitalization of $127.64 billion, a P/E ratio of -427.40, a P/E/G ratio of 116.01 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the company posted $1.04 earnings per share. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

CRWD has been the subject of several recent analyst reports. JMP Securities upped their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a research note on Tuesday, September 23rd. Zacks Research raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. KeyCorp increased their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Wedbush reissued a “buy” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Piper Sandler decreased their price target on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $494.02.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction 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 transaction, the director owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 155,743 shares of company stock worth $74,348,319. 3.32% of the stock is owned by insiders.

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.