Stonebridge Financial Group LLC Has $397,000 Position in CrowdStrike $CRWD

Stonebridge Financial Group LLC reduced its holdings in CrowdStrike (NASDAQ:CRWD) by 16.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 779 shares of the company’s stock after selling 154 shares during the quarter. Stonebridge Financial Group LLC’s holdings in CrowdStrike were worth $397,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Cloud Capital Management LLC acquired a new stake in CrowdStrike during the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in CrowdStrike during the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. grew its position in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after buying an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike during the first quarter worth about $30,000. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In related news, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. This represents a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael Sentonas sold 10,000 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president owned 354,116 shares in the company, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 157,816 shares of company stock worth $75,331,356 over the last 90 days. Company insiders own 3.32% of the company’s stock.

CrowdStrike Trading Down 3.0%

CRWD stock opened at $493.66 on Friday. The firm has a market cap of $123.89 billion, a P/E ratio of -414.84, a P/E/G ratio of 119.64 and a beta of 1.19. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $517.98. The business’s 50 day moving average is $450.04 and its 200-day moving average is $443.90. 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 (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS 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 analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the company 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. Equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. KeyCorp lifted their target price on CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Thursday, August 28th. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $440.00 to $600.00 in a research report on Thursday, September 25th. Stifel Nicolaus lifted their price objective on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Finally, Cantor Fitzgerald upped their price objective on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $493.33.

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.