SBI Securities Co. Ltd. Cuts Stock Position in CrowdStrike $CRWD

SBI Securities Co. Ltd. lessened its stake in shares of CrowdStrike (NASDAQ:CRWD) by 19.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,803 shares of the company’s stock after selling 6,771 shares during the period. SBI Securities Co. Ltd.’s holdings in CrowdStrike were worth $14,160,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in CRWD. National Pension Service grew its stake in shares of CrowdStrike by 2.4% in the second quarter. National Pension Service now owns 478,060 shares of the company’s stock worth $243,481,000 after acquiring an additional 10,990 shares during the last quarter. Advyzon Investment Management LLC raised its position in shares of CrowdStrike by 142.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock worth $461,000 after purchasing an additional 533 shares during the last quarter. Avalon Capital Management bought a new position in CrowdStrike in the 2nd quarter worth about $204,000. STF Management LP grew its position in CrowdStrike by 2.6% during the 2nd quarter. STF Management LP now owns 3,503 shares of the company’s stock valued at $1,784,000 after purchasing an additional 88 shares during the last quarter. Finally, Cvfg LLC purchased a new stake in CrowdStrike during the 2nd quarter valued at about $210,000. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In other news, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the transaction, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. This represents a 4.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the transaction, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. The trade was a 0.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 116,622 shares of company stock valued at $58,561,456. Company insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. UBS Group reduced their price target on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Truist Financial upped 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. TD Cowen increased their target price on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Finally, Oppenheimer lifted their target price on CrowdStrike from $520.00 to $560.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $510.80.

CrowdStrike Price Performance

Shares of CRWD opened at $556.73 on Wednesday. The firm has a fifty day simple moving average of $492.35 and a two-hundred day simple moving average of $469.72. The firm has a market cap of $139.72 billion, a PE ratio of -467.84, a P/E/G ratio of 131.02 and a beta of 1.16. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $558.98.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the business posted $1.04 EPS. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current 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.