CrowdStrike $CRWD Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its position in CrowdStrike (NASDAQ:CRWD) by 16.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,564 shares of the company’s stock after purchasing an additional 1,737 shares during the quarter. Bleakley Financial Group LLC’s holdings in CrowdStrike were worth $6,399,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC raised its position in shares of 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 buying an additional 40 shares during the period. Vision Financial Markets LLC acquired a new position in CrowdStrike in the first quarter valued at approximately $26,000. Neo Ivy Capital Management acquired a new position in CrowdStrike in the first quarter valued at approximately $30,000. Finally, Saudi Central Bank purchased a new position in CrowdStrike in the first quarter worth approximately $34,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

CrowdStrike stock opened at $521.98 on Friday. The firm has a market cap of $131.00 billion, a PE ratio of -438.63, a price-to-earnings-growth ratio of 117.52 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $522.43. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $461.36 and its two-hundred day moving average is $452.92.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 earnings per share. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In other news, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the sale, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 158,090 shares of company stock valued at $75,500,649. Company insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of research analyst reports. Royal Bank Of Canada lifted their target price on CrowdStrike from $510.00 to $540.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. New Street Research set a $460.00 price objective on CrowdStrike in a research report on Thursday, August 28th. Mizuho upped their target price on shares of CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a research report on Wednesday, September 17th. Wells Fargo & Company increased their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. Finally, Canaccord Genuity Group boosted their price target on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research note on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $496.47.

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.