Hennessy Advisors Inc. Takes $142,000 Position in CrowdStrike $CRWD

Hennessy Advisors Inc. acquired a new stake in CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 278 shares of the company’s stock, valued at approximately $142,000.

Several other large investors also recently bought and sold shares of CRWD. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC lifted its position in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the 1st quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of 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 purchasing an additional 58 shares during the period. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike in the first quarter worth about $30,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total value of $5,306,643.02. Following the completion of the sale, the chief financial officer owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 132,816 shares of company stock worth $62,606,356 in the last 90 days. Corporate insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CRWD. Rosenblatt Securities reiterated a “buy” rating and issued a $490.00 target price on shares of CrowdStrike in a research report on Thursday, September 18th. DA Davidson lifted their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Canaccord Genuity Group increased their price objective on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research note on Monday, September 22nd. New Street Research set a $460.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. Finally, The Goldman Sachs Group upped their price target on shares of CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $487.11.

CrowdStrike Stock Down 1.4%

NASDAQ CRWD opened at $489.88 on Monday. The business has a fifty day moving average price of $446.22 and a 200 day moving average price of $440.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a market cap of $122.94 billion, a P/E ratio of -411.66, a P/E/G ratio of 115.12 and a beta of 1.19. CrowdStrike has a one year low of $283.80 and a one year high of $517.98.

CrowdStrike (NASDAQ:CRWD) last released its 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. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.