Relyea Zuckerberg Hanson LLC Makes New Investment in CrowdStrike $CRWD

Relyea Zuckerberg Hanson LLC purchased a new stake in CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 474 shares of the company’s stock, valued at approximately $241,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Financial Management Professionals Inc. boosted its stake in shares of CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after buying an additional 34 shares during the period. Cloud Capital Management LLC acquired a new position in CrowdStrike in the first quarter valued at $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at about $26,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after purchasing an additional 58 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the business’s 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 sale, the president directly owned 379,116 shares in the company, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock valued at $62,606,356 in the last 90 days. 3.32% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several recent research reports. Canaccord Genuity Group boosted their price target on CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research report on Monday, September 22nd. UBS Group dropped their target price on CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Daiwa Capital Markets lifted their price objective on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Finally, BTIG Research restated a “buy” rating and set a $489.00 price objective on shares of CrowdStrike in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $487.11.

CrowdStrike Price Performance

CrowdStrike stock opened at $495.95 on Tuesday. The company has a market cap of $124.46 billion, a P/E ratio of -416.76, a price-to-earnings-growth ratio of 115.12 and a beta of 1.19. CrowdStrike has a one year low of $285.79 and a one year high of $517.98. The business has a fifty day moving average of $446.69 and a two-hundred day moving average of $441.44. 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 (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion for 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 period in the prior year, the company posted $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, analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal 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.