Opal Wealth Advisors LLC Trims Holdings in CrowdStrike $CRWD

Opal Wealth Advisors LLC reduced its position in shares of CrowdStrike (NASDAQ:CRWD) by 14.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 128 shares of the company’s stock after selling 22 shares during the quarter. Opal Wealth Advisors LLC’s holdings in CrowdStrike were worth $65,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Real Talk Capital LLC increased its position in shares of 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 purchasing an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after acquiring an additional 25 shares during the last quarter. Close Asset Management Ltd grew its position in CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after acquiring an additional 25 shares during the period. Ramirez Asset Management Inc. lifted its stake in shares of CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after acquiring an additional 25 shares in the last quarter. Finally, Cladis Investment Advisory LLC raised its stake in CrowdStrike by 1.5% during the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.5%

Shares of CRWD stock traded up $2.34 during trading hours on Wednesday, hitting $492.72. 394,276 shares of the company’s stock traded hands, compared to its average volume of 3,670,743. CrowdStrike has a 12 month low of $274.86 and a 12 month high of $517.98. The stock’s 50 day simple moving average is $444.31 and its 200 day simple moving average is $437.34. The stock has a market cap of $123.65 billion, a PE ratio of -415.56, a price-to-earnings-growth ratio of 114.78 and a beta of 1.12. 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 (NASDAQ:CRWD) last posted 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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The business’s 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, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at $17,972,184.55. This trade represents a 4.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the transaction, the chief financial officer owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. The trade was a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 119,066 shares of company stock worth $55,809,043 in the last ninety days. 3.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

CRWD has been the topic of a number of recent research reports. Raymond James Financial reissued an “outperform” rating and set a $485.00 target price (up from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Cantor Fitzgerald boosted their price objective on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. The Goldman Sachs Group boosted their price target on shares of CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a report on Friday, September 19th. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. Finally, Evercore ISI increased their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $484.95.

CrowdStrike Company 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.