Diligent Investors LLC Trims Stock Position in CrowdStrike $CRWD

Diligent Investors LLC trimmed its stake in CrowdStrike (NASDAQ:CRWD) by 45.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 720 shares of the company’s stock after selling 600 shares during the quarter. Diligent Investors LLC’s holdings in CrowdStrike were worth $367,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. lifted its position in CrowdStrike by 20.4% during the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock valued at $447,000 after buying an additional 215 shares during the period. OLD National Bancorp IN bought a new position in shares of CrowdStrike in the 1st quarter worth about $248,000. Bessemer Group Inc. boosted its stake in CrowdStrike by 4.6% during the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock worth $783,000 after acquiring an additional 98 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares during the period. Finally, Benchmark Investment Advisors LLC grew its holdings in CrowdStrike by 90.8% in the first quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock worth $3,613,000 after purchasing an additional 4,877 shares during the period. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $489.88 on Friday. The stock has a 50-day moving average price of $446.22 and a 200 day moving average price of $440.01. The stock has a market capitalization of $122.94 billion, a P/E ratio of -411.66, a P/E/G ratio of 115.12 and a beta of 1.19. CrowdStrike has a 12-month low of $283.80 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.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company posted $1.04 EPS. The firm’s revenue for the quarter 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. Equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity at CrowdStrike

In other news, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 2,234 shares of CrowdStrike stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.68, for a total value of $1,107,349.12. Following the completion of the sale, the chief accounting officer directly owned 39,017 shares in the company, valued at $19,339,946.56. This trade represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock valued at $62,606,356 in the last ninety days. Corporate insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on CRWD. UBS Group dropped their price target on CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Cfra reissued a “hold” rating and issued a $555.00 target price (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. DA Davidson raised their price target on CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. New Street Research set a $460.00 price target on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Capital One Financial raised their price objective on shares of CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $487.11.

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.