Portland Global Advisors LLC Decreases Holdings in CrowdStrike $CRWD

Portland Global Advisors LLC decreased its stake in CrowdStrike (NASDAQ:CRWD) by 15.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,830 shares of the company’s stock after selling 4,254 shares during the period. CrowdStrike accounts for about 1.4% of Portland Global Advisors LLC’s holdings, making the stock its 22nd biggest position. Portland Global Advisors LLC’s holdings in CrowdStrike were worth $12,137,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advyzon Investment Management LLC grew its holdings in CrowdStrike by 142.9% during the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after purchasing an additional 533 shares during the period. Draper Asset Management LLC raised its stake in shares of CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after buying an additional 1,619 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of CrowdStrike during the 2nd quarter worth $397,000. Finally, Accel Wealth Management purchased a new stake in shares of CrowdStrike during the 2nd quarter valued at approximately $269,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of analyst reports. Cowen reiterated a “buy” rating on shares of CrowdStrike in a research note on Wednesday. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a report on Monday, November 24th. Wells Fargo & Company increased their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. Stephens lifted their price target on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, October 9th. Finally, Citigroup lifted their price objective on shares of CrowdStrike from $575.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $555.51.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 6,975 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the completion of the transaction, the chief executive officer directly owned 2,108,082 shares in the company, valued at $1,159,213,210.98. This trade represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the transaction, the director owned 765,456 shares in the company, valued at approximately $421,153,891.20. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 110,372 shares of company stock worth $55,996,956. Insiders own 3.32% of the company’s stock.

CrowdStrike Stock Down 2.1%

Shares of NASDAQ:CRWD opened at $513.12 on Friday. The stock has a market capitalization of $128.77 billion, a P/E ratio of -407.24, a price-to-earnings-growth ratio of 123.56 and a beta of 1.09. The stock’s 50-day moving average price is $514.40 and its 200-day moving average price is $479.02. The company has a current ratio of 1.81, a quick ratio of 1.88 and a debt-to-equity ratio of 0.18. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the company posted $0.93 EPS. CrowdStrike’s revenue for the quarter was up 21.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current 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.