Cetera Investment Advisers Grows Stock Holdings in CrowdStrike $CRWD

Cetera Investment Advisers raised its holdings in CrowdStrike (NASDAQ:CRWD) by 3.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 169,282 shares of the company’s stock after acquiring an additional 4,903 shares during the period. Cetera Investment Advisers’ holdings in CrowdStrike were worth $86,217,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Fusion Capital LLC boosted its stake in shares of CrowdStrike by 11.1% in the second quarter. Fusion Capital LLC now owns 1,048 shares of the company’s stock worth $534,000 after buying an additional 105 shares during the last quarter. Creative Planning lifted its stake in shares of CrowdStrike by 11.2% in the 2nd quarter. Creative Planning now owns 173,194 shares of the company’s stock valued at $88,209,000 after purchasing an additional 17,424 shares during the period. Meridian Wealth Management LLC boosted its holdings in CrowdStrike by 19.5% during the second quarter. Meridian Wealth Management LLC now owns 16,013 shares of the company’s stock worth $8,155,000 after buying an additional 2,613 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in CrowdStrike by 8.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 61,087 shares of the company’s stock valued at $31,112,000 after buying an additional 4,759 shares during the period. Finally, Foundations Investment Advisors LLC raised its position in shares of CrowdStrike by 13.3% in the second quarter. Foundations Investment Advisors LLC now owns 6,213 shares of the company’s stock worth $3,164,000 after acquiring an additional 728 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the subject of several recent analyst reports. Mizuho lifted their price target on CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, September 17th. Wedbush lifted their price target on shares of CrowdStrike from $525.00 to $600.00 and gave the company an “outperform” rating in a research note on Monday, November 3rd. Arete Research set a $706.00 price objective on shares of CrowdStrike in a report on Tuesday, October 28th. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. Finally, Truist Financial lifted their price objective on CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $516.93.

Insider Buying and Selling

In other CrowdStrike news, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares of the company’s stock, valued at $38,815,405.86. The trade was a 2.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 sale, the director directly owned 765,456 shares in the company, valued at $421,153,891.20. This trade represents a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 116,622 shares of company stock valued at $58,561,456 over the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $537.55 on Friday. 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 has a market cap of $134.90 billion, a price-to-earnings ratio of -451.72, a price-to-earnings-growth ratio of 126.32 and a beta of 1.16. The stock’s 50-day moving average is $499.74 and its two-hundred day moving average is $471.74. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90.

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