BIP Wealth LLC Takes Position in CrowdStrike $CRWD

BIP Wealth LLC acquired a new stake in CrowdStrike (NASDAQ:CRWD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 2,762 shares of the company’s stock, valued at approximately $1,295,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Planning Inc bought a new stake in CrowdStrike in the 3rd quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in CrowdStrike in the 3rd quarter valued at about $25,000. Anchor Investment Management LLC bought a new stake in CrowdStrike in the 3rd quarter valued at about $25,000. Hanson & Doremus Investment Management increased its position in CrowdStrike by 170.0% in the 4th quarter. Hanson & Doremus Investment Management now owns 54 shares of the company’s stock valued at $25,000 after buying an additional 34 shares in the last quarter. Finally, Miller Global Investments LLC bought a new stake in CrowdStrike in the 4th quarter valued at about $26,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO George Kurtz sold 28,853 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $413.01, for a total value of $11,916,577.53. Following the transaction, the chief executive officer owned 2,054,902 shares in the company, valued at approximately $848,695,075.02. This represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Johanna Flower sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $461.94, for a total value of $1,385,820.00. Following the completion of the transaction, the director owned 76,082 shares in the company, valued at approximately $35,145,319.08. The trade was a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 68,636 shares of company stock valued at $28,690,657 in the last quarter. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

CrowdStrike stock opened at $426.51 on Thursday. CrowdStrike has a 12 month low of $324.49 and a 12 month high of $566.90. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The business’s 50 day simple moving average is $408.60 and its 200 day simple moving average is $465.75. The company has a market cap of $108.17 billion, a price-to-earnings ratio of -576.36, a PEG ratio of 17.51 and a beta of 1.07.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the business earned $1.03 earnings per share. CrowdStrike’s revenue for the quarter was up 23.8% on a year-over-year basis. Sell-side analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

CrowdStrike declared that its board has approved a stock repurchase plan on Monday, April 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 0.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.

Key CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike was named a founding partner in Anthropic’s Project Glasswing, positioning the company as a preferred security vendor for AI deployments and driving renewed demand for its cloud-native endpoint and AI-related security offerings. CrowdStrike, Palo Alto jump on board to enhance security for AI era under Project Glasswing
• Positive Sentiment: J.P. Morgan reiterated an overweight stance on CRWD, arguing AI rollouts (e.g., Anthropic’s Claude Mythos/Glasswing) are a growth catalyst for best-of-breed cybersecurity names — analyst coverage like this supports upside expectations. Why JPMorgan sees further upside in Palo Alto and CrowdStrike stocks
• Positive Sentiment: CrowdStrike’s board approved a $500 million share repurchase program, signaling management’s view that the stock is attractively valued and supporting buy-side demand (though the authorization covers about 0.5% of shares). CrowdStrike (NASDAQ:CRWD) Board Approves Share Repurchase Program
• Neutral Sentiment: Media coverage is broadly positive, noting that Anthropic’s coalition validates incumbent cybersecurity vendors rather than replacing them — this carries reputational upside but uncertain near-term revenue impact. CrowdStrike, Palo Alto Networks shares pop as cybersecurity bulls finally get some AI validation
• Negative Sentiment: Some commentary reiterates caution around analyst optimism and valuation — while analysts remain constructive, investors should weigh premium multiples and execution risk as expectations rise. Is It Worth Investing in CrowdStrike (CRWD) Based on Wall Street’s Bullish Views?

Analysts Set New Price Targets

A number of brokerages have commented on CRWD. Zacks Research raised CrowdStrike from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. TD Cowen cut their target price on CrowdStrike from $580.00 to $480.00 and set a “buy” rating on the stock in a research note on Tuesday, February 24th. JPMorgan Chase & Co. cut their target price on CrowdStrike from $582.00 to $472.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. UBS Group restated an “overweight” rating on shares of CrowdStrike in a research note on Wednesday, March 4th. Finally, KeyCorp restated a “sector weight” rating on shares of CrowdStrike in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $504.98.

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.