Howe & Rusling Inc. Buys 696 Shares of CrowdStrike $CRWD

Howe & Rusling Inc. raised its position in shares of CrowdStrike (NASDAQ:CRWD) by 3.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,466 shares of the company’s stock after acquiring an additional 696 shares during the quarter. Howe & Rusling Inc.’s holdings in CrowdStrike were worth $9,914,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Patron Partners LLC increased its stake in shares of CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after acquiring an additional 22 shares in the last quarter. Real Talk Capital LLC increased its holdings in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after acquiring an additional 24 shares in the last quarter. Close Asset Management Ltd grew its position in CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Ramirez Asset Management Inc. raised its holdings in 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 buying an additional 25 shares during the last quarter. Finally, Cladis Investment Advisory LLC grew its holdings in shares of CrowdStrike by 1.5% during the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after buying an additional 25 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. UBS Group dropped their price objective on CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Jefferies Financial Group increased their price target on CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a report on Wednesday. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from $440.00 to $600.00 in a report on Thursday, September 25th. Wells Fargo & Company increased their target price on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. Finally, Needham & Company LLC raised their target price on CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $537.49.

CrowdStrike Stock Up 1.3%

NASDAQ CRWD opened at $520.59 on Thursday. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $130.65 billion, a P/E ratio of -437.47, a price-to-earnings-growth ratio of 120.71 and a beta of 1.16. The stock’s 50-day moving average price is $505.50 and its 200-day moving average price is $473.58.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data 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. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 EPS. 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 research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity

In other news, President Michael Sentonas sold 20,000 shares of the stock in a transaction 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 completion of the sale, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. The trade was a 4.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 116,622 shares of company stock valued at $58,561,456. Company insiders own 3.32% of the company’s stock.

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.