Sigma Planning Corp lowered its holdings in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 4.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,444 shares of the company’s stock after selling 745 shares during the period. Sigma Planning Corp’s holdings in CrowdStrike were worth $8,375,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in CRWD. AlphaQuest LLC bought a new stake in shares of CrowdStrike in the 2nd quarter valued at $26,000. Financial Management Professionals Inc. grew its holdings in CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the period. Wealth Watch Advisors INC bought a new stake in CrowdStrike in the second quarter valued at $37,000. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike during the first quarter valued at about $25,000. Finally, Vision Financial Markets LLC acquired a new position in shares of CrowdStrike during the first quarter valued at about $26,000. 71.16% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
CRWD has been the subject of several research reports. Stifel Nicolaus raised their target price on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Capital One Financial raised their price objective on CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. Macquarie increased their target price on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Finally, Daiwa Capital Markets boosted their price target on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $505.78.
Insiders Place Their Bets
In related news, CEO George Kurtz sold 17,830 shares of the 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 sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares in the company, valued at $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 156,840 shares of company stock worth $75,350,186 in the last ninety days. 3.32% of the stock is owned by corporate insiders.
CrowdStrike Trading Up 0.8%
NASDAQ CRWD opened at $543.01 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $475.45 and a 200 day simple moving average of $461.98. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $553.64. The firm has a market capitalization of $136.27 billion, a P/E ratio of -456.31, a PEG ratio of 127.60 and a beta of 1.16.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous 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, analysts predict that CrowdStrike will post 0.55 EPS 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.
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