Mission Wealth Management LP Sells 185 Shares of CrowdStrike $CRWD

Mission Wealth Management LP lowered its stake in CrowdStrike (NASDAQ:CRWD) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,098 shares of the company’s stock after selling 185 shares during the quarter. Mission Wealth Management LP’s holdings in CrowdStrike were worth $6,162,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Cloud Capital Management LLC bought a new position in CrowdStrike in the first quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC lifted its stake in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike in the first quarter valued at approximately $26,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike in the second quarter valued at approximately $26,000. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike in the first quarter valued at approximately $30,000. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the company’s 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 156,840 shares of company stock valued at $75,350,186 in the last ninety days. Corporate insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRWD. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. Robert W. Baird lifted their price objective on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a report on Friday, September 19th. Barclays lifted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Finally, New Street Research set a $460.00 price objective on shares of CrowdStrike in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.78.

CrowdStrike Price Performance

Shares of CRWD opened at $543.01 on Friday. The company has a market cap of $136.27 billion, a price-to-earnings ratio of -456.31, a PEG ratio of 127.60 and a beta of 1.19. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $553.64. The company’s fifty day simple moving average is $475.45 and its 200 day simple moving average is $461.40. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results 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 business had revenue of $1.17 billion for the quarter, compared to the consensus estimate 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 previous 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, 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.