CrowdStrike $CRWD Shares Sold by Norden Group LLC

Norden Group LLC lessened its position in shares of CrowdStrike (NASDAQ:CRWD) by 82.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,193 shares of the company’s stock after selling 10,224 shares during the period. Norden Group LLC’s holdings in CrowdStrike were worth $1,075,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Patron Partners LLC grew its holdings in shares of 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 purchasing an additional 22 shares during the period. Nova Wealth Management Inc. lifted its position in CrowdStrike by 5.4% during the third quarter. Nova Wealth Management Inc. now owns 428 shares of the company’s stock valued at $210,000 after buying an additional 22 shares in the last quarter. Brighton Jones LLC grew its stake in CrowdStrike by 0.3% during the third quarter. Brighton Jones LLC now owns 7,776 shares of the company’s stock worth $3,813,000 after buying an additional 22 shares during the period. Real Talk Capital LLC grew its stake in CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares during the period. Finally, Eagle Wealth Strategies LLC increased its position in shares of CrowdStrike by 4.1% in the second quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock worth $321,000 after acquiring an additional 25 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CRWD. DZ Bank lowered shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a report on Wednesday, September 24th. The Goldman Sachs Group boosted their price objective on CrowdStrike from $535.00 to $564.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. BNP Paribas Exane increased their target price on CrowdStrike from $350.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. Finally, Cowen restated a “buy” rating on shares of CrowdStrike in a report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $555.10.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the transaction, the president owned 379,116 shares in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Denis Oleary sold 7,750 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $515.44, for a total value of $3,994,660.00. Following the sale, the director directly owned 10,816 shares in the company, valued at approximately $5,574,999.04. This represents a 41.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 117,559 shares of company stock valued at $59,246,587. 3.32% of the stock is owned by company insiders.

CrowdStrike Stock Performance

Shares of CRWD opened at $476.35 on Friday. The firm has a market cap of $120.09 billion, a price-to-earnings ratio of -378.06, a PEG ratio of 114.76 and a beta of 1.09. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $514.35 and its two-hundred day moving average is $482.52. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The business’s revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.