CrowdStrike $CRWD Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp lowered its stake in shares of CrowdStrike (NASDAQ:CRWD) by 24.4% in the second quarter, HoldingsChannel reports. The firm owned 649 shares of the company’s stock after selling 210 shares during the quarter. Heritage Investors Management Corp’s holdings in CrowdStrike were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Amalgamated Bank boosted its position in CrowdStrike by 5.8% during the 2nd quarter. Amalgamated Bank now owns 54,050 shares of the company’s stock valued at $27,528,000 after purchasing an additional 2,971 shares during the period. Atria Investments Inc boosted its position in CrowdStrike by 15.1% during the 2nd quarter. Atria Investments Inc now owns 10,466 shares of the company’s stock valued at $5,330,000 after purchasing an additional 1,376 shares during the period. Savvy Advisors Inc. boosted its position in CrowdStrike by 18.5% during the 2nd quarter. Savvy Advisors Inc. now owns 1,263 shares of the company’s stock valued at $643,000 after purchasing an additional 197 shares during the period. Retirement Systems of Alabama boosted its position in CrowdStrike by 1.0% during the 2nd quarter. Retirement Systems of Alabama now owns 53,446 shares of the company’s stock valued at $27,221,000 after purchasing an additional 516 shares during the period. Finally, Fortune 45 LLC boosted its position in CrowdStrike by 11.7% during the 2nd quarter. Fortune 45 LLC now owns 1,211 shares of the company’s stock valued at $617,000 after purchasing an additional 127 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, CAO Anurag Saha sold 1,762 shares of the business’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction on 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 directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 156,840 shares of company stock worth $75,350,186. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 1.3%

CRWD opened at $538.68 on Friday. CrowdStrike has a one year low of $294.68 and a one year high of $553.64. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock’s fifty day moving average is $473.00 and its 200-day moving average is $459.79. The company has a market capitalization of $135.19 billion, a PE ratio of -452.67, a P/E/G ratio of 128.19 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the business earned $1.04 EPS. The company’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. On average, equities analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CRWD shares. Rosenblatt Securities restated a “buy” rating and set a $490.00 price objective on shares of CrowdStrike in a research report on Thursday, September 18th. Capital One Financial boosted their price objective on CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Roth Capital reiterated a “buy” rating and set a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. Canaccord Genuity Group boosted their price target on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. Finally, Morgan Stanley boosted their price target on CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a research report 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.78.

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.