Interchange Capital Partners LLC Buys 71 Shares of CrowdStrike $CRWD

Interchange Capital Partners LLC boosted its stake in shares of CrowdStrike (NASDAQ:CRWD) by 1.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,985 shares of the company’s stock after acquiring an additional 71 shares during the quarter. Interchange Capital Partners LLC’s holdings in CrowdStrike were worth $2,030,000 as of its most recent SEC filing.

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

CrowdStrike Stock Up 1.0%

Shares of NASDAQ CRWD opened at $527.32 on Friday. The stock has a market cap of $132.34 billion, a P/E ratio of -443.12, a P/E/G ratio of 123.91 and a beta of 1.19. The firm has a 50 day moving average price of $463.35 and a 200 day moving average price of $455.22. 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 $294.68 and a 52-week high of $535.52.

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

Wall Street Analyst Weigh In

CRWD has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the company a “hold” rating in a research note on Thursday, September 18th. BTIG Research reaffirmed a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. Piper Sandler reduced their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research note on Thursday, August 28th. Royal Bank Of Canada raised their target price on shares of CrowdStrike from $510.00 to $540.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Finally, Daiwa Capital Markets raised their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $496.47.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the sale, the president owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 158,090 shares of company stock worth $75,500,649. Corporate insiders own 3.32% of the company’s stock.

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.