Prime Capital Investment Advisors LLC Sells 1,190 Shares of CrowdStrike $CRWD

Prime Capital Investment Advisors LLC lowered its position in CrowdStrike (NASDAQ:CRWD) by 7.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,915 shares of the company’s stock after selling 1,190 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in CrowdStrike were worth $7,597,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CRWD. Financial Management Professionals Inc. lifted its stake in CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. Cloud Capital Management LLC bought a new stake in shares of CrowdStrike during the 1st quarter worth approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in CrowdStrike by 114.3% during the 1st 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. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in CrowdStrike by 305.3% in the 1st 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 last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on CRWD. Weiss Ratings reiterated a “sell (d)” rating on shares of CrowdStrike in a research report on Saturday, September 27th. Piper Sandler decreased their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. Sanford C. Bernstein lowered their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. Cfra reaffirmed a “hold” rating and set a $555.00 target price (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Finally, Citigroup reiterated an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $487.11.

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president owned 379,116 shares in the company, valued at $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 2,115,057 shares of the company’s stock, 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 have sold 132,816 shares of company stock valued at $62,606,356 over the last 90 days. Company insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

NASDAQ CRWD opened at $495.95 on Tuesday. The company has a market cap of $124.46 billion, a PE ratio of -416.76, a P/E/G ratio of 115.12 and a beta of 1.19. The firm’s 50 day moving average price is $446.69 and its 200-day moving average price is $441.44. 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 52-week low of $285.79 and a 52-week high of $517.98.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The company 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%.CrowdStrike’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the business 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. Sell-side analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal 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.