Transcend Capital Advisors LLC Has $1.05 Million Stock Position in CrowdStrike $CRWD

Transcend Capital Advisors LLC raised its stake in CrowdStrike (NASDAQ:CRWD) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,065 shares of the company’s stock after buying an additional 123 shares during the period. Transcend Capital Advisors LLC’s holdings in CrowdStrike were worth $1,052,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. boosted its position in CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after buying an additional 98 shares in the last quarter. Draper Asset Management LLC boosted its position in CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after buying an additional 1,619 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC acquired a new stake in CrowdStrike in the second quarter valued at approximately $397,000. Finally, Pegasus Asset Management Inc. boosted its position in CrowdStrike by 3.4% in the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after buying an additional 79 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Capital One Financial raised their price target on shares of CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Rosenblatt Securities reaffirmed a “buy” rating and set a $490.00 price target on shares of CrowdStrike in a research note on Thursday, September 18th. Cantor Fitzgerald raised their price target on shares of CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Finally, Zacks Research raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $496.47.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 10,000 shares of the firm’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction 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 owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 158,090 shares of company stock valued at $75,500,649. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $529.70 on Tuesday. 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 company has a market capitalization of $132.93 billion, a PE ratio of -445.12, a P/E/G ratio of 123.92 and a beta of 1.19. The firm has a fifty day simple moving average of $465.42 and a 200 day simple moving average of $456.82. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $535.52.

CrowdStrike (NASDAQ:CRWD) last posted 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 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 business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the company 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, sell-side analysts forecast that CrowdStrike will post 0.55 EPS for the current 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.