Empowered Funds LLC Raises Holdings in CrowdStrike $CRWD

Empowered Funds LLC lifted its stake in CrowdStrike (NASDAQ:CRWD) by 41.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,805 shares of the company’s stock after purchasing an additional 1,993 shares during the quarter. Empowered Funds LLC’s holdings in CrowdStrike were worth $3,466,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its holdings in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after buying an additional 2,417 shares during the last quarter. PFG Advisors raised its stake in CrowdStrike by 28.4% in the 1st quarter. PFG Advisors now owns 962 shares of the company’s stock worth $339,000 after acquiring an additional 213 shares during the last quarter. Burney Co. raised its stake in CrowdStrike by 2.2% in the 1st quarter. Burney Co. now owns 2,218 shares of the company’s stock worth $782,000 after acquiring an additional 47 shares during the last quarter. AE Wealth Management LLC lifted its position in CrowdStrike by 8.7% during the 1st quarter. AE Wealth Management LLC now owns 11,343 shares of the company’s stock worth $3,999,000 after acquiring an additional 909 shares during the period. Finally, Avantax Advisory Services Inc. grew its stake in CrowdStrike by 9.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 14,138 shares of the company’s stock valued at $4,985,000 after purchasing an additional 1,265 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 116,622 shares of company stock valued at $58,561,456. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Trading Down 2.1%

CRWD stock opened at $490.67 on Friday. The company’s 50-day simple moving average is $507.95 and its 200-day simple moving average is $474.32. 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 has a 52-week low of $298.00 and a 52-week high of $566.90. The firm has a market cap of $123.14 billion, a P/E ratio of -412.32, a PEG ratio of 115.30 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm 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 for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 EPS. 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, equities analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CRWD shares. Bank of America raised their price objective on CrowdStrike from $470.00 to $535.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. Berenberg Bank initiated coverage on shares of CrowdStrike in a research report on Tuesday, November 18th. They set a “hold” rating and a $600.00 price target for the company. BTIG Research upped their price objective on shares of CrowdStrike from $489.00 to $640.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Truist Financial increased their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Finally, Rosenblatt Securities raised their target price on shares of CrowdStrike from $550.00 to $630.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $537.93.

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.