CrowdStrike $CRWD Shares Sold by AlphaCore Capital LLC

AlphaCore Capital LLC reduced its stake in shares of CrowdStrike (NASDAQ:CRWD) by 89.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 747 shares of the company’s stock after selling 6,036 shares during the period. AlphaCore Capital LLC’s holdings in CrowdStrike were worth $380,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nuveen LLC acquired a new position in shares of CrowdStrike in the first quarter worth $595,766,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in CrowdStrike by 52.6% in the 1st 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 in the last quarter. Vanguard Group Inc. boosted its stake 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 during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of CrowdStrike by 39.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after buying an additional 760,222 shares in the last quarter. Finally, AGF Management Ltd. raised its position in shares of CrowdStrike by 41,011.0% in the first 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 last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Roth Capital restated a “buy” rating and set a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. Jefferies Financial Group upped their target price on CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. TD Cowen raised their price target on CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Wedbush lifted their price target on CrowdStrike from $525.00 to $600.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Finally, Berenberg Bank assumed coverage on shares of CrowdStrike in a report on Tuesday, November 18th. They set a “hold” rating and a $600.00 price objective on the stock. One equities research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $537.93.

CrowdStrike Stock Up 3.3%

CRWD opened at $506.82 on Tuesday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The firm has a 50 day moving average price of $509.19 and a 200 day moving average price of $475.23. 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 company has a market cap of $127.19 billion, a PE ratio of -425.90, a price-to-earnings-growth ratio of 115.30 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company posted $1.04 earnings per share. CrowdStrike’s revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In related news, CEO George Kurtz sold 6,975 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the transaction, the chief executive officer directly owned 2,108,082 shares of the company’s stock, valued at approximately $1,159,213,210.98. The trade was a 0.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director owned 765,456 shares of the company’s stock, valued at approximately $421,153,891.20. This represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 116,622 shares of company stock worth $58,561,456 in the last quarter. 3.32% of the stock is owned by corporate insiders.

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.