CrowdStrike $CRWD Position Increased by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its holdings in CrowdStrike (NASDAQ:CRWDFree Report) by 4.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 32,154 shares of the company’s stock after buying an additional 1,487 shares during the quarter. Corient Private Wealth LLC’s holdings in CrowdStrike were worth $16,376,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Caldwell Trust Co acquired a new position in CrowdStrike in the second quarter valued at approximately $115,000. Watts Gwilliam & Co. LLC lifted its holdings in shares of CrowdStrike by 55.7% in the 2nd quarter. Watts Gwilliam & Co. LLC now owns 9,230 shares of the company’s stock worth $4,639,000 after purchasing an additional 3,303 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in CrowdStrike by 6.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 10,476 shares of the company’s stock valued at $5,336,000 after purchasing an additional 618 shares during the period. SevenBridge Financial Group LLC grew its stake in CrowdStrike by 51.5% during the 2nd quarter. SevenBridge Financial Group LLC now owns 6,258 shares of the company’s stock worth $3,187,000 after buying an additional 2,128 shares during the last quarter. Finally, PVG Asset Management Corp acquired a new stake in CrowdStrike in the second quarter worth $238,000. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Roth Capital reissued a “buy” rating and set a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. New Street Research set a $460.00 target price on shares of CrowdStrike in a research report on Thursday, August 28th. Citizens Jmp restated a “market outperform” rating and issued a $500.00 price target on shares of CrowdStrike in a research note on Wednesday, December 3rd. Wells Fargo & Company boosted their price objective on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. Finally, Rosenblatt Securities restated a “buy” rating and issued a $630.00 target price on shares of CrowdStrike in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $554.65.

Check Out Our Latest Stock Analysis on CRWD

CrowdStrike Stock Down 3.8%

Shares of CRWD stock opened at $470.02 on Thursday. CrowdStrike has a 1 year low of $298.00 and a 1 year 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 business’s fifty day moving average is $516.31 and its 200-day moving average is $482.30. The stock has a market cap of $118.49 billion, a PE ratio of -373.03, a price-to-earnings-growth ratio of 118.25 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWDGet Free Report) last announced its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.During the same quarter last year, the business posted $0.93 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. 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 expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the sale, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at $120,246,421.47. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Denis Oleary sold 7,750 shares of CrowdStrike stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the completion of the transaction, the director owned 10,816 shares in the company, valued at approximately $5,574,999.04. This trade represents a 41.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 120,595 shares of company stock worth $61,294,989. Company insiders own 3.32% of the company’s stock.

CrowdStrike Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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