Cary Street Partners Financial LLC Has $4.95 Million Stock Holdings in CrowdStrike $CRWD

Cary Street Partners Financial LLC raised its position in shares of CrowdStrike (NASDAQ:CRWD) by 23.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,714 shares of the company’s stock after acquiring an additional 1,816 shares during the period. Cary Street Partners Financial LLC’s holdings in CrowdStrike were worth $4,947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cerity Partners LLC grew its position in shares of CrowdStrike by 2.9% during the 2nd quarter. Cerity Partners LLC now owns 286,305 shares of the company’s stock worth $145,818,000 after purchasing an additional 8,126 shares in the last quarter. Dnca Finance grew its position in CrowdStrike by 51.6% in the second quarter. Dnca Finance now owns 27,600 shares of the company’s stock valued at $14,057,000 after acquiring an additional 9,400 shares during the last quarter. Jump Financial LLC acquired a new position in CrowdStrike during the 2nd quarter worth approximately $5,563,000. Rockport Wealth LLC bought a new position in shares of CrowdStrike in the 2nd quarter valued at $764,000. Finally, Cary Street Partners Investment Advisory LLC raised its position in CrowdStrike by 46.4% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 322 shares of the company’s stock valued at $164,000 after purchasing an additional 102 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Scotiabank reiterated an “outperform” rating on shares of CrowdStrike in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price target on CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a report on Thursday, September 18th. Jefferies Financial Group raised 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. Citizens Jmp reaffirmed a “market outperform” rating and issued a $500.00 target price on shares of CrowdStrike in a research report on Wednesday, December 3rd. Finally, Oppenheimer upped their price target on CrowdStrike from $560.00 to $580.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $553.26.

Insider Activity

In other news, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the sale, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at $109,257,564.08. The trade was a 4.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 110,372 shares of company stock worth $55,996,956. Company insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $512.03 on Monday. The stock has a market cap of $128.50 billion, a price-to-earnings ratio of -406.37, a PEG ratio of 123.94 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The firm’s 50-day simple moving average is $515.01 and its 200 day simple moving average is $480.06.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 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 prior year, the business posted $0.93 earnings per share. 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. As a group, research 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.