Kercheville Advisors LLC Buys 2,415 Shares of CrowdStrike $CRWD

Kercheville Advisors LLC boosted its stake in shares of CrowdStrike (NASDAQ:CRWD) by 311.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,190 shares of the company’s stock after buying an additional 2,415 shares during the quarter. Kercheville Advisors LLC’s holdings in CrowdStrike were worth $1,625,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Patron Partners LLC lifted its holdings in CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after buying an additional 22 shares in the last quarter. Real Talk Capital LLC increased its position in CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after purchasing an additional 24 shares during the period. Tradewinds Capital Management LLC increased its position in CrowdStrike by 20.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after purchasing an additional 25 shares during the period. Close Asset Management Ltd increased 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 period. Finally, Ramirez Asset Management Inc. increased its position in CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after purchasing an additional 25 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other news, CFO Burt W. Podbere sold 10,706 shares of the company’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 completion of the sale, the chief financial officer owned 220,424 shares of the company’s stock, valued at $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have commented on CRWD shares. Daiwa Capital Markets raised their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Piper Sandler cut their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research report on Thursday, August 28th. Stephens raised their target price on shares of CrowdStrike from $510.00 to $525.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Roth Capital reaffirmed a “buy” rating and issued a $510.00 price objective (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Evercore ISI lifted their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $487.11.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $489.88 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a fifty day moving average of $446.22 and a two-hundred day moving average of $440.01. The stock has a market capitalization of $122.94 billion, a PE ratio of -411.66, a P/E/G ratio of 115.12 and a beta of 1.19. CrowdStrike has a fifty-two week low of $283.80 and a fifty-two week high of $517.98.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, research analysts forecast that CrowdStrike will post 0.55 earnings per share 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.