KRS Capital Management LLC Has $2.05 Million Stock Position in CrowdStrike $CRWD

KRS Capital Management LLC cut its holdings in CrowdStrike (NASDAQ:CRWD) by 2.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,026 shares of the company’s stock after selling 101 shares during the period. CrowdStrike comprises approximately 1.4% of KRS Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. KRS Capital Management LLC’s holdings in CrowdStrike were worth $2,050,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC bought a new position in CrowdStrike during the 1st quarter valued at $595,766,000. Jennison Associates LLC boosted its stake in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in CrowdStrike by 52.6% in the first 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 buying an additional 955,529 shares in the last quarter. Vanguard Group Inc. lifted its position in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after purchasing an additional 908,554 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of CrowdStrike by 39.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after acquiring an additional 760,222 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $509.13 on Friday. The business’s 50 day simple moving average is $449.10 and its 200-day simple moving average is $443.15. The firm has a market capitalization of $127.77 billion, a price-to-earnings ratio of -427.84, a price-to-earnings-growth ratio of 119.83 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm 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 company earned $1.04 EPS. CrowdStrike’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. As a group, equities analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other news, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 10,706 shares of CrowdStrike stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the transaction, the chief financial officer owned 220,424 shares in the company, valued at approximately $109,257,564.08. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CRWD. UBS Group reduced their price objective on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Cantor Fitzgerald upped their target price on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. BMO Capital Markets upped their price objective on CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, September 18th. Capital One Financial raised their target price on CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Finally, DA Davidson raised their target price on CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $493.33.

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.