IFP Advisors Inc Acquires 1,919 Shares of CrowdStrike $CRWD

IFP Advisors Inc increased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 12.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,233 shares of the company’s stock after buying an additional 1,919 shares during the period. IFP Advisors Inc’s holdings in CrowdStrike were worth $8,777,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CRWD. Brighton Jones LLC raised its stake in shares of CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after buying an additional 2,417 shares during the last quarter. Pallas Capital Advisors LLC raised its stake in shares of CrowdStrike by 17.8% during the first quarter. Pallas Capital Advisors LLC now owns 1,859 shares of the company’s stock worth $655,000 after buying an additional 281 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in shares of CrowdStrike by 43.5% during the first quarter. Harbor Capital Advisors Inc. now owns 4,396 shares of the company’s stock worth $1,550,000 after buying an additional 1,332 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of CrowdStrike by 43.6% during the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock worth $1,087,000 after buying an additional 936 shares during the last quarter. Finally, Simplicity Wealth LLC increased its stake in CrowdStrike by 96.9% in the first quarter. Simplicity Wealth LLC now owns 1,353 shares of the company’s stock valued at $477,000 after purchasing an additional 666 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 132,816 shares of company stock valued at $62,606,356 in the last three months. 3.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have commented on CRWD. Cfra reaffirmed a “hold” rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Roth Capital reaffirmed a “buy” rating and issued a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. UBS Group lowered their target price on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Morgan Stanley upped their target price on shares of CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a research note on Thursday, September 18th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $493.33.

CrowdStrike Stock Down 0.2%

CrowdStrike stock opened at $509.13 on Friday. The stock has a market capitalization of $127.77 billion, a PE ratio of -427.84, a price-to-earnings-growth ratio of 119.83 and a beta of 1.19. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $517.98. 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 50 day moving average of $449.10 and a 200-day moving average of $443.15.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.04 earnings per share. 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 anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.