Montgomery Investment Management Inc. Lowers Position in CrowdStrike $CRWD

Montgomery Investment Management Inc. lowered its holdings in CrowdStrike (NASDAQ:CRWD) by 35.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 721 shares of the company’s stock after selling 404 shares during the period. Montgomery Investment Management Inc.’s holdings in CrowdStrike were worth $367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CRWD. Financial Management Professionals Inc. raised its stake in CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike during the 1st quarter valued at $25,000. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike during the 1st quarter valued at $26,000. Atlantic Edge Private Wealth Management LLC raised its position in shares of CrowdStrike by 114.3% during the 1st 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. Finally, E Fund Management Hong Kong Co. Ltd. raised its position in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 2.0%

Shares of CrowdStrike stock opened at $499.96 on Thursday. The company’s 50 day moving average price is $445.08 and its 200-day moving average price is $437.78. CrowdStrike has a 52-week low of $274.86 and a 52-week high of $517.98. 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 stock has a market capitalization of $125.47 billion, a price-to-earnings ratio of -420.13, a P/E/G ratio of 115.24 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results 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 business 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%. During the same quarter in the prior year, the company posted $1.04 EPS. The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year. 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 forecast that CrowdStrike will post 0.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CRWD shares. Mizuho lifted their price target on CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Truist Financial increased their price objective on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Oppenheimer reiterated an “outperform” rating and set a $520.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. Capital One Financial increased their price target on shares of CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Finally, Scotiabank upgraded shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $484.95.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 2,234 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.68, for a total transaction of $1,107,349.12. Following the transaction, the chief accounting officer directly owned 39,017 shares of the company’s stock, valued at approximately $19,339,946.56. The trade was a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Michael Sentonas sold 11,561 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.69, for a total value of $5,730,672.09. Following the transaction, the president directly owned 399,116 shares in the company, valued at $197,837,810.04. This trade represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 112,816 shares of company stock valued at $52,606,356. Company insiders own 3.32% of the company’s stock.

CrowdStrike Profile

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.