17 Capital Partners LLC raised its position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 12.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,705 shares of the company’s stock after purchasing an additional 195 shares during the quarter. 17 Capital Partners LLC’s holdings in CrowdStrike were worth $868,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of CRWD. Main Management ETF Advisors LLC lifted its holdings in shares of CrowdStrike by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 2,932 shares of the company’s stock valued at $1,493,000 after buying an additional 48 shares during the period. PKS Advisory Services LLC bought a new stake in CrowdStrike in the second quarter worth about $255,000. GDS Wealth Management lifted its holdings in CrowdStrike by 27.9% in the 2nd quarter. GDS Wealth Management now owns 23,041 shares of the company’s stock valued at $11,735,000 after acquiring an additional 5,023 shares during the last quarter. Real Talk Capital LLC boosted its position in shares of CrowdStrike by 1.4% during the 2nd quarter. Real Talk Capital LLC now owns 2,769 shares of the company’s stock valued at $1,410,000 after purchasing an additional 37 shares in the last quarter. Finally, Empirical Finance LLC boosted its position in shares of CrowdStrike by 7.6% during the 2nd quarter. Empirical Finance LLC now owns 1,029 shares of the company’s stock valued at $524,000 after purchasing an additional 73 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other CrowdStrike news, CEO George Kurtz sold 6,975 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $549.89, for a total value of $3,835,482.75. Following the transaction, the chief executive officer owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This represents a 0.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the sale, the chief financial officer owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. The trade was a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 116,622 shares of company stock valued at $58,561,456 over the last ninety days. Insiders own 3.32% of the company’s stock.
CrowdStrike Stock Performance
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. 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 anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.
Analysts Set New Price Targets
CRWD has been the subject of several recent research reports. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $440.00 to $600.00 in a research note on Thursday, September 25th. Canaccord Genuity Group increased their price objective on CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research report on Monday, September 22nd. BTIG Research raised their price objective on CrowdStrike from $489.00 to $640.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Evercore ISI lifted their target price on CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. Finally, DZ Bank downgraded CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price for the company. in a report on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $537.49.
Read Our Latest Research Report on CRWD
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.
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