Prospera Financial Services Inc Boosts Stake in CrowdStrike $CRWD

Prospera Financial Services Inc lifted its position in CrowdStrike (NASDAQ:CRWD) by 126.3% in the second quarter, Holdings Channel reports. The firm owned 26,115 shares of the company’s stock after acquiring an additional 14,576 shares during the period. Prospera Financial Services Inc’s holdings in CrowdStrike were worth $13,301,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in CRWD. AGF Management Ltd. increased its holdings in shares of CrowdStrike by 19.1% in the 2nd quarter. AGF Management Ltd. now owns 587,220 shares of the company’s stock valued at $299,077,000 after acquiring an additional 94,299 shares during the period. Summit Investment Advisors Inc. grew its position in CrowdStrike by 3.0% during the 1st quarter. Summit Investment Advisors Inc. now owns 9,997 shares of the company’s stock worth $3,525,000 after purchasing an additional 289 shares during the last quarter. KCM Investment Advisors LLC acquired a new position in CrowdStrike in the second quarter valued at $278,000. Menlo Advisors LLC acquired a new position in CrowdStrike in the second quarter valued at $285,000. Finally, Nvwm LLC raised its holdings in shares of CrowdStrike by 31.7% in the second quarter. Nvwm LLC now owns 4,147 shares of the company’s stock valued at $2,112,000 after buying an additional 998 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

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 shares were sold at an average price of $549.89, for a total value of $3,835,482.75. Following the sale, the chief executive officer owned 2,108,082 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of CrowdStrike stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total value of $2,751,000.00. Following the sale, the director directly owned 765,456 shares in the company, valued at $421,153,891.20. The trade was a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 116,622 shares of company stock valued at $58,561,456 over the last ninety days. Insiders own 3.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on CRWD. New Street Research set a $460.00 price target on CrowdStrike in a research report on Thursday, August 28th. Evercore ISI upped their price target on CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $490.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. Robert W. Baird upped their price target on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Finally, Needham & Company LLC raised their price objective on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note 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 issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $510.80.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $539.81 on Friday. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $555.81. The company’s fifty day moving average price is $486.81 and its two-hundred day moving average price is $466.52. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market capitalization of $135.47 billion, a P/E ratio of -453.62, a P/E/G ratio of 125.14 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly 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 analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period 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 earnings per share for the current fiscal year.

CrowdStrike Company 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.