Thoroughbred Financial Services LLC Sells 855 Shares of CrowdStrike $CRWD

Thoroughbred Financial Services LLC cut its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 6.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,475 shares of the company’s stock after selling 855 shares during the period. Thoroughbred Financial Services LLC’s holdings in CrowdStrike were worth $6,354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of CRWD. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the first quarter worth approximately $26,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $26,000. Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $30,000. Saudi Central Bank bought a new position in CrowdStrike during the 1st quarter worth approximately $34,000. Finally, Financial Management Professionals Inc. grew its holdings in CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total value of $1,077,152.37. Following the transaction, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at $120,246,421.47. This represents a 0.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of the stock in a transaction 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 transaction, the director owned 765,456 shares in the company, valued at $421,153,891.20. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 116,622 shares of company stock worth $58,561,456 over the last three months. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $537.55 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average price is $499.74 and its two-hundred day moving average price is $471.46. The company has a market cap of $134.90 billion, a PE ratio of -451.72, a price-to-earnings-growth ratio of 124.49 and a beta of 1.16. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’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 business posted $1.04 earnings per share. 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 year.

Analysts Set New Price Targets

A number of analysts recently commented on CRWD shares. Daiwa Capital Markets upped their price objective on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. BTIG Research lifted their price objective on CrowdStrike from $489.00 to $640.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Arete Research set a $706.00 price target on shares of CrowdStrike in a report on Tuesday, October 28th. Morgan Stanley boosted their price objective on shares of CrowdStrike from $475.00 to $515.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Roth Capital reiterated a “buy” rating and set a $510.00 price objective (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $516.93.

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.