Geneos Wealth Management Inc. Has $13.14 Million Holdings in CrowdStrike $CRWD

Geneos Wealth Management Inc. boosted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 7.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,790 shares of the company’s stock after purchasing an additional 1,731 shares during the period. Geneos Wealth Management Inc.’s holdings in CrowdStrike were worth $13,135,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Patron Partners LLC increased its stake in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after buying an additional 22 shares in the last quarter. Real Talk Capital LLC raised its stake in shares of CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after acquiring an additional 24 shares during the last quarter. Cladis Investment Advisory LLC raised its stake in shares of CrowdStrike by 1.5% in the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock worth $593,000 after acquiring an additional 25 shares during the last quarter. Eagle Wealth Strategies LLC lifted its position in shares of CrowdStrike by 4.1% during the second quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock worth $321,000 after purchasing an additional 25 shares in the last quarter. Finally, OLD National Bancorp IN grew its stake in shares of CrowdStrike by 3.6% during the second quarter. OLD National Bancorp IN now owns 728 shares of the company’s stock valued at $371,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 2.5%

Shares of NASDAQ CRWD opened at $504.78 on Friday. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market cap of $127.26 billion, a P/E ratio of -400.62, a P/E/G ratio of 122.18 and a beta of 1.09. The firm has a 50 day moving average price of $517.20 and a 200 day moving average price of $481.94.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the firm posted $0.93 earnings per share. The business’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. Analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares in the company, valued at $189,558,000. This represents a 5.01% 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, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction dated 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 transaction, the chief executive officer owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 120,595 shares of company stock valued at $61,294,989. Insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on CRWD. Daiwa Capital Markets boosted their price objective on shares of CrowdStrike from $530.00 to $560.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 9th. The Goldman Sachs Group boosted their target price on CrowdStrike from $535.00 to $564.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. TD Cowen raised their price target on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 25th. Finally, Roth Capital reissued a “buy” rating and set a $510.00 price objective (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. One equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $554.65.

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.