CrowdStrike $CRWD Shares Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC raised its stake in CrowdStrike (NASDAQ:CRWD) by 28.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 941 shares of the company’s stock after acquiring an additional 207 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in CrowdStrike were worth $479,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CRWD. Nuveen LLC acquired a new position in shares of CrowdStrike in the first quarter worth $595,766,000. Jennison Associates LLC increased its stake in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after purchasing an additional 955,529 shares during the last quarter. Vanguard Group Inc. increased its stake in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after purchasing an additional 908,554 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after purchasing an additional 760,222 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

CRWD stock opened at $500.11 on Thursday. The stock has a 50-day moving average price of $459.42 and a two-hundred day moving average price of $451.56. 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 company has a market cap of $125.51 billion, a PE ratio of -420.26, a price-to-earnings-growth ratio of 118.42 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the business earned $1.04 earnings per share. The firm’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, research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In other news, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Johanna Flower sold 2,347 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 158,090 shares of company stock valued at $75,500,649. 3.32% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on CRWD. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research note on Thursday, September 18th. Stephens upped their target price on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Truist Financial upped their target price on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Macquarie upped their target price on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Finally, Needham & Company LLC upped their target price on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $496.47.

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.