Intrepid Financial Planning Group LLC Acquires New Position in CrowdStrike $CRWD

Intrepid Financial Planning Group LLC acquired a new stake in shares of CrowdStrike (NASDAQ:CRWD) in the second quarter, HoldingsChannel.com reports. The firm acquired 438 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CRWD. Vanguard Group Inc. increased its position in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock valued at $11,933,425,000 after acquiring an additional 596,007 shares in the last quarter. Geode Capital Management LLC boosted its stake in CrowdStrike by 5.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after purchasing an additional 955,529 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after purchasing an additional 760,222 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of CrowdStrike by 16.4% in the first quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after purchasing an additional 352,473 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other news, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total value of $2,751,000.00. Following the completion of the sale, the director directly owned 765,456 shares in the company, valued at $421,153,891.20. This represents a 0.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, President Michael Sentonas sold 10,000 shares of CrowdStrike stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the transaction, the president owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 116,622 shares of company stock worth $58,561,456. Company insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $513.67 on Wednesday. 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 stock has a market capitalization of $128.91 billion, a PE ratio of -431.65, a price-to-earnings-growth ratio of 124.49 and a beta of 1.16. The firm’s 50 day moving average price is $503.58 and its 200-day moving average price is $473.25. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90.

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

Wall Street Analyst Weigh In

Several research firms recently commented on CRWD. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Needham & Company LLC raised their price target on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Sanford C. Bernstein reduced their price target on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research note on Thursday, August 28th. Jefferies Financial Group boosted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Finally, BTIG Research raised their target price on shares of CrowdStrike from $489.00 to $640.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $535.60.

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.