Northwest Capital Management Inc Reduces Stake in CrowdStrike $CRWD

Northwest Capital Management Inc lowered its holdings in CrowdStrike (NASDAQ:CRWD) by 76.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 62 shares of the company’s stock after selling 200 shares during the quarter. Northwest Capital Management Inc’s holdings in CrowdStrike were worth $32,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nuveen LLC purchased a new stake in CrowdStrike in the first quarter worth about $595,766,000. Jennison Associates LLC lifted its holdings in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after buying an additional 955,529 shares during the period. Vanguard Group Inc. lifted its holdings in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after buying an additional 908,554 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after buying an additional 760,222 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $508.61 on Tuesday. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $517.98. The firm has a market cap of $127.64 billion, a P/E ratio of -427.40, a PEG ratio of 116.01 and a beta of 1.19. The company has a 50 day moving average of $451.12 and a 200 day moving average of $446.01. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the business earned $1.04 EPS. The firm’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 expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In related news, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 155,743 shares of company stock valued at $74,348,319 in the last quarter. Insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on CRWD shares. Cantor Fitzgerald raised their price objective on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Evercore ISI lifted their target price on shares of CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. New Street Research set a $460.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. Needham & Company LLC lifted their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Finally, Piper Sandler lowered their target price 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. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $494.02.

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.