Commonwealth Financial Services LLC Increases Stock Holdings in CrowdStrike $CRWD

Commonwealth Financial Services LLC increased its stake in CrowdStrike (NASDAQ:CRWD) by 8.5% during the 2nd quarter, Holdings Channel reports. The firm owned 1,490 shares of the company’s stock after purchasing an additional 117 shares during the quarter. Commonwealth Financial Services LLC’s holdings in CrowdStrike were worth $759,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Patron Partners LLC increased its position in shares of 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 increased its position in shares of 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 increased its position in shares of CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd increased its position in shares of CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after purchasing an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. increased its position in shares of CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after purchasing an additional 25 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In other news, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president owned 379,116 shares in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’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 transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares in the company, valued at $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 a total of 157,816 shares of company stock worth $75,331,356 over the last ninety days. Company insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped 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 increased their price target on shares of CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday. Jefferies Financial Group increased their price target on shares of CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Needham & Company LLC increased their price target on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $490.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $493.33.

CrowdStrike Stock Down 3.0%

Shares of CrowdStrike stock opened at $493.66 on Friday. 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 $294.68 and a 52-week high of $517.98. The stock has a market capitalization of $123.89 billion, a price-to-earnings ratio of -414.84, a P/E/G ratio of 116.00 and a beta of 1.19. The company’s 50 day moving average price is $450.04 and its 200-day moving average price is $444.40.

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 firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $1.04 earnings per share. The business’s 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. Equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current 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.