Centric Wealth Management Grows Stock Holdings in CrowdStrike $CRWD

Centric Wealth Management grew its holdings in CrowdStrike (NASDAQ:CRWD) by 39.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,996 shares of the company’s stock after acquiring an additional 1,699 shares during the period. Centric Wealth Management’s holdings in CrowdStrike were worth $2,114,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC acquired a new position in CrowdStrike in the first quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $30,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Trading Down 4.1%

Shares of NASDAQ:CRWD opened at $423.70 on Friday. CrowdStrike has a 1 year low of $242.25 and a 1 year high of $517.98. The firm has a market capitalization of $105.61 billion, a price-to-earnings ratio of -356.05 and a beta of 1.13. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.85. The business’s 50 day moving average price is $461.47 and its 200-day moving average price is $427.52.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted $1.04 EPS. The business’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on CRWD. Raymond James Financial reaffirmed an “outperform” rating and set a $485.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Mizuho dropped their price objective on shares of CrowdStrike from $450.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday. Susquehanna raised their price objective on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a research note on Wednesday, June 4th. Morgan Stanley dropped their price objective on shares of CrowdStrike from $495.00 to $460.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Macquarie reaffirmed a “neutral” rating and set a $465.00 price objective on shares of CrowdStrike in a research note on Friday. Twenty-four equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $460.10.

Insider Buying and Selling

In other CrowdStrike news, Director Roxanne S. Austin sold 15,000 shares of the firm’s stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the transaction, the director owned 18,858 shares in the company, valued at approximately $9,385,060.86. This trade represents a 44.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,414 shares of company stock worth $96,794,738 in the last ninety days. Company insiders own 3.32% of the company’s stock.

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.