111 Capital Purchases New Position in CrowdStrike $CRWD

111 Capital acquired a new position in shares of CrowdStrike (NASDAQ:CRWD) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 1,318 shares of the company’s stock, valued at approximately $671,000.

A number of other hedge funds have also recently added to or reduced their stakes in CRWD. Patron Partners LLC lifted its stake in shares of CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after acquiring an additional 22 shares during the last quarter. Real Talk Capital LLC increased its holdings in CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its position in CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd raised its position in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. boosted its stake in shares of CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $489.88 on Friday. The stock has a market cap of $122.94 billion, a price-to-earnings ratio of -411.66, a PEG ratio of 115.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a fifty-two week low of $283.80 and a fifty-two week high of $517.98. The firm’s 50-day simple moving average is $446.22 and its 200 day simple moving average is $440.01.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 EPS. 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 anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CRWD. Truist Financial raised their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Robert W. Baird upped their price target on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. Evercore ISI lifted their price target on shares of CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. Jefferies Financial Group increased their price objective on CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Finally, Wells Fargo & Company raised their target price on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $487.11.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the transaction, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock worth $62,606,356 in the last three months. 3.32% of the stock is owned by corporate insiders.

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.