Westover Capital Advisors LLC Buys 419 Shares of CrowdStrike $CRWD

Westover Capital Advisors LLC raised its position in CrowdStrike (NASDAQ:CRWD) by 25.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,067 shares of the company’s stock after purchasing an additional 419 shares during the quarter. Westover Capital Advisors LLC’s holdings in CrowdStrike were worth $1,053,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Vision Financial Markets LLC bought a new position in shares of CrowdStrike in the first quarter valued at $26,000. AlphaQuest LLC acquired a new position in CrowdStrike in the 2nd quarter valued at about $26,000. Neo Ivy Capital Management bought a new stake in shares of CrowdStrike during the first quarter worth approximately $30,000. Financial Gravity Companies Inc. acquired a new position in shares of CrowdStrike in the second quarter valued at approximately $33,000. Finally, Saudi Central Bank acquired a new position in CrowdStrike in the 1st quarter valued at $34,000. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction dated 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 directly owned 354,116 shares in the company, valued at $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the sale, the chief financial officer directly owned 218,467 shares in the company, valued at $120,246,421.47. This trade represents a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 116,622 shares of company stock worth $58,561,456. Company insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Barclays raised their price target on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday. Canaccord Genuity Group upped their price objective on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. Truist Financial upped their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Mizuho raised their price objective on shares of CrowdStrike from $475.00 to $540.00 and gave the company a “hold” rating in a report on Monday. Finally, KeyCorp lifted their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $531.18.

CrowdStrike Price Performance

CRWD opened at $529.78 on Tuesday. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The firm has a 50-day moving average of $501.78 and a 200 day moving average of $472.73. 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 firm has a market cap of $132.95 billion, a P/E ratio of -445.19, a PEG ratio of 126.32 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for 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%.The business’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current 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.