CrowdStrike $CRWD Stock Holdings Lessened by North Star Asset Management Inc.

North Star Asset Management Inc. trimmed its position in shares of CrowdStrike (NASDAQ:CRWD) by 2.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 30,720 shares of the company’s stock after selling 921 shares during the quarter. North Star Asset Management Inc.’s holdings in CrowdStrike were worth $15,646,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advyzon Investment Management LLC raised its position in CrowdStrike by 142.9% in the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock worth $461,000 after purchasing an additional 533 shares in the last quarter. Draper Asset Management LLC grew its holdings in shares of CrowdStrike by 59.1% during the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock worth $2,176,000 after purchasing an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. increased its position in CrowdStrike by 33.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after acquiring an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC bought a new position in CrowdStrike in the 2nd quarter worth approximately $397,000. Finally, Pegasus Asset Management Inc. lifted its stake in shares of CrowdStrike by 3.4% during the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after acquiring an additional 79 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the sale, the director directly owned 765,456 shares of the company’s stock, valued at $421,153,891.20. The trade was a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Johanna Flower sold 2,347 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 116,622 shares of company stock worth $58,561,456. Corporate insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of analyst reports. Citigroup reissued an “outperform” rating on shares of CrowdStrike in a research note on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research report on Thursday, September 18th. Stephens lifted their target price on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, October 9th. Sanford C. Bernstein cut their price target on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research report on Thursday, August 28th. Finally, KeyCorp raised their target price on shares of CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $537.93.

CrowdStrike Stock Up 3.3%

Shares of CRWD opened at $506.82 on Tuesday. The stock has a fifty day moving average of $509.19 and a 200-day moving average of $475.23. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The stock has a market capitalization of $127.19 billion, a price-to-earnings ratio of -425.90, a PEG ratio of 115.30 and a beta of 1.16. 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 (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping 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 the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned $1.04 EPS. The business’s quarterly 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, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

CrowdStrike 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.