New Wave Wealth Advisors LLC Sells 58 Shares of CrowdStrike $CRWD

New Wave Wealth Advisors LLC cut its stake in CrowdStrike (NASDAQ:CRWD) by 2.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,938 shares of the company’s stock after selling 58 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in CrowdStrike were worth $987,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CRWD. Cloud Capital Management LLC bought a new position in CrowdStrike in the 1st quarter worth $25,000. Atlantic Edge Private Wealth Management LLC grew its position in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares during the period. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike in the 1st quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. grew its position in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after buying an additional 58 shares during the period. Finally, Neo Ivy Capital Management purchased a new stake in shares of CrowdStrike in the 1st quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total transaction of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares in the company, valued at approximately $17,972,184.55. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 11,561 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the sale, the president owned 399,116 shares in the company, valued at approximately $197,837,810.04. The trade was a 2.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,816 shares of company stock worth $52,606,356 in the last 90 days. Insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $440.00 to $600.00 in a research report on Thursday, September 25th. Capital One Financial upped their target price on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. BMO Capital Markets upped their target price on shares of CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a research 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. Finally, Macquarie upped their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $484.95.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $499.96 on Thursday. The firm’s 50 day moving average price is $445.08 and its 200-day moving average price is $437.78. CrowdStrike has a twelve month low of $274.86 and a twelve month high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $125.47 billion, a PE ratio of -420.13, a price-to-earnings-growth ratio of 115.24 and a beta of 1.19.

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

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.