Bank Julius Baer & Co. Ltd Zurich Sells 7,256 Shares of CrowdStrike $CRWD

Bank Julius Baer & Co. Ltd Zurich decreased its stake in shares of CrowdStrike (NASDAQ:CRWD) by 13.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,785 shares of the company’s stock after selling 7,256 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in CrowdStrike were worth $23,828,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Nuveen LLC acquired a new stake in CrowdStrike in the first quarter worth $595,766,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after purchasing an additional 955,529 shares during the period. Vanguard Group Inc. boosted its position in shares of CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after purchasing an additional 760,222 shares in the last quarter. Finally, AGF Management Ltd. grew its stake in shares of CrowdStrike by 41,011.0% in the 1st quarter. AGF Management Ltd. now owns 492,921 shares of the company’s stock valued at $173,794,000 after buying an additional 491,722 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CRWD shares. Macquarie upped their price target on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Stifel Nicolaus raised their price objective on CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Monday. BMO Capital Markets upped their target price on CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, September 18th. Piper Sandler cut their target price on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Finally, Evercore ISI lifted their price target on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $537.49.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the transaction, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 116,622 shares of company stock valued at $58,561,456 over the last ninety days. Company insiders own 3.32% of the company’s stock.

CrowdStrike Trading Down 3.7%

Shares of CrowdStrike stock opened at $501.31 on Friday. The stock has a fifty day simple moving average of $506.86 and a 200 day simple moving average of $473.77. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90. The company has a market capitalization of $125.81 billion, a P/E ratio of -421.27, a price-to-earnings-growth ratio of 122.33 and a beta of 1.16. 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 issued its quarterly earnings data 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. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations 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 was up 21.4% on a year-over-year basis. During the same period last year, the business 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. On average, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

CrowdStrike 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.