SOA Wealth Advisors LLC. grew its position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 29.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 694 shares of the company’s stock after acquiring an additional 158 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in CrowdStrike were worth $353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently bought and sold shares of the company. Patron Partners LLC boosted its holdings in shares of CrowdStrike by 2.1% in the 2nd 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 last quarter. Real Talk Capital LLC boosted its holdings in shares of CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares during the last quarter. Tradewinds Capital Management LLC boosted its holdings in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after buying an additional 25 shares during the last quarter. Close Asset Management Ltd boosted its holdings in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after buying an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. boosted its holdings in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on CRWD. JMP Securities boosted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a report on Tuesday, September 23rd. Cfra reissued a “hold” rating and issued a $555.00 price target (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. KeyCorp boosted their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Barclays boosted their price objective on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Finally, Needham & Company LLC boosted their price objective on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $484.95.
Insiders Place Their Bets
In other CrowdStrike news, President Michael Sentonas sold 11,561 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.69, for a total value of $5,730,672.09. Following the completion of the sale, the president owned 399,116 shares of the company’s stock, valued at $197,837,810.04. This represents a 2.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the sale, the director directly owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,816 shares of company stock valued at $52,606,356 over the last 90 days. Company insiders own 3.32% of the company’s stock.
CrowdStrike Stock Down 0.6%
CRWD stock opened at $496.80 on Friday. 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 company’s 50 day moving average is $445.78 and its 200 day moving average is $438.69. The stock has a market cap of $124.68 billion, a price-to-earnings ratio of -417.48, a price-to-earnings-growth ratio of 117.49 and a beta of 1.19. CrowdStrike has a 1-year low of $278.56 and a 1-year high of $517.98.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.
CrowdStrike Company 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.
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