Private Management Group Inc. Takes Position in CrowdStrike $CRWD

Private Management Group Inc. purchased a new position in shares of CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,454 shares of the company’s stock, valued at approximately $741,000.

A number of other large investors have also modified their holdings of CRWD. Patron Partners LLC increased its stake in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after purchasing an additional 22 shares during the period. Real Talk Capital LLC grew its holdings in CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares in the last quarter. Ramirez Asset Management Inc. increased its position in CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after acquiring an additional 25 shares during the period. Cladis Investment Advisory LLC boosted its position in CrowdStrike by 1.5% during the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock worth $593,000 after acquiring an additional 25 shares during the period. Finally, Eagle Wealth Strategies LLC grew its stake in shares of CrowdStrike by 4.1% in the second quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock worth $321,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 116,622 shares of company stock worth $58,561,456. Company insiders own 3.32% of the company’s stock.

CrowdStrike Trading Down 2.1%

Shares of NASDAQ:CRWD opened at $490.67 on Friday. 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 $123.14 billion, a price-to-earnings ratio of -412.32, a PEG ratio of 115.30 and a beta of 1.16. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The company has a 50 day moving average price of $507.95 and a 200 day moving average price of $474.32.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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, research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CRWD. Roth Capital restated a “buy” rating and set a $510.00 price objective (up from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Thursday, September 18th. KeyCorp increased their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Needham & Company LLC raised their price objective on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Finally, DA Davidson upped their target price on CrowdStrike from $490.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. One research 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 given a Sell rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $537.93.

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.