Lifeworks Advisors LLC Purchases 113 Shares of CrowdStrike $CRWD

Lifeworks Advisors LLC grew its position in shares of CrowdStrike (NASDAQ:CRWD) by 10.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,170 shares of the company’s stock after acquiring an additional 113 shares during the quarter. Lifeworks Advisors LLC’s holdings in CrowdStrike were worth $596,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nuveen LLC acquired a new position in CrowdStrike during the first quarter worth $595,766,000. Jennison Associates LLC boosted its stake in shares of CrowdStrike by 21.1% during the 1st 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of CrowdStrike by 52.6% during 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 buying an additional 955,529 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after acquiring an additional 908,554 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position 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 valued at $939,747,000 after acquiring an additional 760,222 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of CRWD opened at $543.01 on Friday. The firm has a market capitalization of $136.27 billion, a PE ratio of -456.31, a PEG ratio of 127.60 and a beta of 1.19. The company’s 50-day moving average is $475.45 and its 200-day moving average is $461.40. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $553.64. 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 (NASDAQ:CRWD) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the firm 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. Equities analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity at CrowdStrike

In other news, CEO George Kurtz sold 42,267 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 156,840 shares of company stock valued at $75,350,186 over the last three months. Company insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on CRWD shares. KeyCorp increased their price target on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Truist Financial raised their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Zacks Research downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Finally, Barclays boosted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $505.78.

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.