Goldstone Financial Group LLC boosted its position in CrowdStrike (NASDAQ:CRWD – Free Report) by 24.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,267 shares of the company’s stock after purchasing an additional 245 shares during the quarter. Goldstone Financial Group LLC’s holdings in CrowdStrike were worth $651,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in CrowdStrike in the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike during the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of CrowdStrike during the first quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors.
Insider Transactions at CrowdStrike
In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $447.09, for a total value of $2,794,312.50. Following the completion of the transaction, the director directly owned 774,761 shares of the company’s stock, valued at approximately $346,387,895.49. This represents a 0.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares of the company’s stock, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,734 shares of company stock worth $67,337,728 in the last quarter. 3.32% of the stock is owned by insiders.
CrowdStrike Trading Up 2.0%
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS 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 for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. The business’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. Analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on CRWD shares. Evercore ISI dropped their price target on CrowdStrike from $425.00 to $405.00 and set an “in-line” rating on the stock in a research note on Thursday, August 28th. Susquehanna boosted their price target on CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a research note on Wednesday, June 4th. BTIG Research dropped their price target on CrowdStrike from $520.00 to $489.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Bank of America restated a “neutral” rating and set a $470.00 price target (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Jefferies Financial Group dropped their price target on CrowdStrike from $530.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $460.10.
View Our Latest Stock Analysis on CrowdStrike
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.
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