Cerity Partners LLC Increases Stake in CrowdStrike $CRWD

Cerity Partners LLC raised its position in CrowdStrike (NASDAQ:CRWD) by 2.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 286,305 shares of the company’s stock after acquiring an additional 8,126 shares during the period. Cerity Partners LLC owned approximately 0.11% of CrowdStrike worth $145,818,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AlphaQuest LLC acquired a new stake in CrowdStrike in the second quarter valued at about $26,000. Financial Gravity Companies Inc. purchased a new position in shares of CrowdStrike during the 2nd quarter worth approximately $33,000. Financial Management Professionals Inc. lifted its holdings in shares of CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after buying an additional 34 shares during the period. Loomis Sayles & Co. L P acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $36,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of CrowdStrike in the second quarter valued at approximately $37,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Evercore ISI increased their price objective on CrowdStrike from $430.00 to $460.00 and gave the stock an “in-line” rating in a research report on Wednesday. HSBC upped their price target on shares of CrowdStrike from $417.00 to $446.00 and gave the stock a “hold” rating in a research note on Thursday. Wells Fargo & Company raised their price objective 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. Needham & Company LLC boosted their price objective on shares of CrowdStrike from $535.00 to $575.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, BTIG Research reaffirmed a “buy” rating and issued a $640.00 target price on shares of CrowdStrike in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $553.26.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction 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 sale, the director directly owned 765,456 shares in the company, valued at $421,153,891.20. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the president directly owned 379,116 shares in the company, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 110,372 shares of company stock valued at $55,996,956. Company insiders own 3.32% of the company’s stock.

CrowdStrike Stock Down 0.2%

Shares of NASDAQ CRWD opened at $512.03 on Friday. The firm’s 50-day moving average is $515.01 and its two-hundred day moving average is $479.75. The company has a market capitalization of $128.50 billion, a PE ratio of -406.37, a price-to-earnings-growth ratio of 122.38 and a beta of 1.09. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the firm posted $0.93 EPS. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.