Nicholas Wealth LLC. Sells 335 Shares of CrowdStrike $CRWD

Nicholas Wealth LLC. trimmed its stake in shares of CrowdStrike (NASDAQ:CRWD) by 9.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,205 shares of the company’s stock after selling 335 shares during the quarter. CrowdStrike comprises approximately 0.8% of Nicholas Wealth LLC.’s investment portfolio, making the stock its 28th biggest position. Nicholas Wealth LLC.’s holdings in CrowdStrike were worth $1,632,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Nuveen LLC bought a new stake in shares of CrowdStrike during the 1st quarter worth about $595,766,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in CrowdStrike by 52.6% during 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 acquiring an additional 955,529 shares during the last quarter. Vanguard Group Inc. lifted its position in CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after acquiring an additional 908,554 shares during the last quarter. Goldman Sachs Group Inc. boosted 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 worth $939,747,000 after acquiring an additional 760,222 shares during the period. Finally, AGF Management Ltd. grew its position in shares of CrowdStrike by 41,011.0% in the first quarter. AGF Management Ltd. now owns 492,921 shares of the company’s stock valued at $173,794,000 after purchasing an additional 491,722 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on CRWD. Wells Fargo & Company boosted their price target on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Wednesday, October 1st. New Street Research set a $460.00 price objective on CrowdStrike in a research report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a research report on Thursday, September 18th. Cantor Fitzgerald raised their price target on shares of CrowdStrike from $500.00 to $590.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Bank of America boosted their price objective on shares of CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $535.60.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the stock in a transaction dated 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 completion of the transaction, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 116,622 shares of company stock worth $58,561,456. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

CRWD stock opened at $513.67 on Wednesday. The company’s 50-day moving average price is $503.58 and its two-hundred day moving average price is $473.25. The firm has a market cap of $128.91 billion, a P/E ratio of -431.65, a P/E/G ratio of 124.49 and a beta of 1.16. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The business 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 firm’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the business posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

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.