Federated Hermes Inc. Sells 75,348 Shares of CrowdStrike $CRWD

Federated Hermes Inc. lessened its position in CrowdStrike (NASDAQ:CRWD) by 28.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 188,156 shares of the company’s stock after selling 75,348 shares during the quarter. Federated Hermes Inc. owned 0.08% of CrowdStrike worth $95,830,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Advyzon Investment Management LLC raised its holdings in shares of CrowdStrike by 142.9% in the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock worth $461,000 after buying an additional 533 shares during the period. Draper Asset Management LLC grew its position in CrowdStrike by 59.1% in the 2nd quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after acquiring an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares during the period. Drucker Wealth 3.0 LLC purchased a new stake in CrowdStrike in the second quarter worth $397,000. Finally, Accel Wealth Management bought a new stake in shares of CrowdStrike during the second quarter worth $269,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $512.03 on Monday. The firm has a 50 day moving average of $515.01 and a 200 day moving average of $480.06. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $128.50 billion, a price-to-earnings ratio of -406.37, a price-to-earnings-growth ratio of 123.94 and a beta of 1.09. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90.

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

Insider Buying and Selling

In other news, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the transaction, the director owned 79,057 shares of the company’s stock, valued at $38,815,405.86. The trade was a 2.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,000 shares of the business’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 transaction of $2,751,000.00. Following the transaction, the director owned 765,456 shares of the company’s stock, valued at approximately $421,153,891.20. This trade represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 110,372 shares of company stock valued at $55,996,956 over the last three months. Corporate insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of research analyst reports. Canaccord Genuity Group upped their price target on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “hold” rating in a report on Wednesday, December 3rd. Barclays upped their target price on shares of CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research note on Monday, November 24th. DZ Bank lowered CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price target for the company. in a report on Wednesday, September 24th. Finally, Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $553.26.

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.