Bartlett & CO. Wealth Management LLC Buys 230 Shares of CrowdStrike $CRWD

Bartlett & CO. Wealth Management LLC increased its stake in CrowdStrike (NASDAQ:CRWD) by 61.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 603 shares of the company’s stock after purchasing an additional 230 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in CrowdStrike were worth $307,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. increased its stake in CrowdStrike by 20.4% in the first quarter. Blue Trust Inc. now owns 1,267 shares of the company’s stock valued at $447,000 after acquiring an additional 215 shares during the last quarter. OLD National Bancorp IN acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $248,000. Bessemer Group Inc. increased its stake in shares of CrowdStrike by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after purchasing an additional 98 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of CrowdStrike by 33.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after purchasing an additional 5,998 shares during the last quarter. Finally, Benchmark Investment Advisors LLC raised its holdings in shares of CrowdStrike by 90.8% during the 1st quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company’s stock worth $3,613,000 after buying an additional 4,877 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Morgan Stanley lifted their target price on CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a research report on Thursday, September 18th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. New Street Research set a $460.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. UBS Group cut their target price on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Finally, Cfra reaffirmed a “hold” rating and set a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $484.95.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 11,883 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares of the company’s stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Anurag Saha sold 2,234 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.68, for a total value of $1,107,349.12. Following the sale, the chief accounting officer owned 39,017 shares in the company, valued at approximately $19,339,946.56. The trade was a 5.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,816 shares of company stock valued at $52,606,356 over the last quarter. Company insiders own 3.32% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $496.80 on Friday. The stock has a market capitalization of $124.68 billion, a PE ratio of -417.48, a PEG ratio of 117.49 and a beta of 1.19. The business’s 50 day simple moving average is $445.78 and its 200 day simple moving average is $438.69. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a one year low of $278.56 and a one year high of $517.98.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (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 firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the company earned $1.04 EPS. The company’s revenue for the quarter 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. As a group, research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

About CrowdStrike

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.