29,145 Shares in CrowdStrike $CRWD Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. bought a new stake in shares of CrowdStrike (NASDAQ:CRWD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,145 shares of the company’s stock, valued at approximately $14,844,000. CrowdStrike accounts for 0.7% of B. Riley Wealth Advisors Inc.’s portfolio, making the stock its 22nd largest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in CrowdStrike by 2.6% in the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares during the last quarter. State Street Corp lifted its holdings in shares of CrowdStrike by 3.6% during the 2nd quarter. State Street Corp now owns 10,804,651 shares of the company’s stock valued at $5,502,917,000 after buying an additional 370,965 shares during the period. Geode Capital Management LLC grew its holdings in shares of CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock worth $2,903,752,000 after acquiring an additional 273,922 shares during the period. Laurel Wealth Advisors LLC increased its position in CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock valued at $2,186,714,000 after acquiring an additional 4,285,640 shares during the last quarter. Finally, Norges Bank purchased a new stake in CrowdStrike during the second quarter valued at $1,638,365,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

CRWD opened at $504.78 on Friday. The business has a fifty day moving average of $517.20 and a 200 day moving average of $481.94. The stock has a market cap of $127.26 billion, a P/E ratio of -400.62, a PEG ratio of 122.18 and a beta of 1.09. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90.

CrowdStrike (NASDAQ:CRWD) last issued its 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 firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The business’s revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 earnings per share. 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, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In related news, Director Denis Oleary sold 7,750 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $515.44, for a total value of $3,994,660.00. Following the completion of the sale, the director directly owned 10,816 shares of the company’s stock, valued at $5,574,999.04. This represents a 41.74% decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares in the company, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 120,595 shares of company stock valued at $61,294,989 over the last 90 days. 3.32% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CRWD shares. Canaccord Genuity Group increased their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “hold” rating in a research note on Wednesday, December 3rd. Zacks Research upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. Argus upped their price objective on CrowdStrike from $540.00 to $600.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. BNP Paribas Exane raised their target price on CrowdStrike from $350.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Finally, Bank of America boosted their price target on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $554.65.

CrowdStrike Company 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.