Aspen Investment Management Inc Invests $479,000 in CrowdStrike $CRWD

Aspen Investment Management Inc purchased a new position in CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 940 shares of the company’s stock, valued at approximately $479,000.

Several other hedge funds have also bought and sold shares of the business. Advyzon Investment Management LLC boosted its stake in 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 in the last quarter. Draper Asset Management LLC raised its holdings in CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock worth $2,176,000 after buying an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after buying an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of CrowdStrike in the second quarter worth approximately $397,000. Finally, Pegasus Asset Management Inc. grew its holdings in shares of CrowdStrike by 3.4% during 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 during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, Director Johanna Flower sold 2,347 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares in the company, valued at $38,815,405.86. This trade represents a 2.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of CrowdStrike stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the transaction, the director owned 765,456 shares in the company, valued at approximately $421,153,891.20. This trade represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 116,622 shares of company stock worth $58,561,456 in the last 90 days. Insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $513.67 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a 50-day simple moving average of $503.58 and a two-hundred day simple moving average of $473.25. The firm has a market capitalization of $128.91 billion, a PE ratio of -431.65, a P/E/G ratio of 124.49 and a beta of 1.16. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 return on equity of 1.53% and a negative net margin of 6.84%.The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter last year, the company earned $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. Analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of recent analyst reports. Daiwa Capital Markets upped their price objective on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Roth Capital reaffirmed a “buy” rating and set a $510.00 price target (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. The Goldman Sachs Group increased their price objective on CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a research report on Friday, September 19th. Berenberg Bank began coverage on CrowdStrike in a research report on Tuesday. They issued a “hold” rating and a $600.00 target price for the company. Finally, Wells Fargo & Company upped their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $535.60.

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.