CrowdStrike $CRWD Position Raised by Optimum Investment Advisors

Optimum Investment Advisors raised its stake in CrowdStrike (NASDAQ:CRWD) by 20.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 320 shares of the company’s stock after buying an additional 54 shares during the quarter. Optimum Investment Advisors’ holdings in CrowdStrike were worth $163,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its stake in CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after buying an additional 98 shares during the last quarter. Draper Asset Management LLC lifted its stake in CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after buying an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new stake in CrowdStrike in the second quarter valued at $397,000. Finally, Pegasus Asset Management Inc. lifted its stake in CrowdStrike by 3.4% in the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after buying an additional 79 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CRWD. Bank of America lifted their price objective on shares of CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Wells Fargo & Company lifted their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Wednesday, October 1st. Stephens lifted their price objective on shares of CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Barclays lifted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Finally, Citigroup restated an “outperform” rating on shares of CrowdStrike in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $496.47.

Insider Buying and Selling

In related news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares of the company’s stock, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 158,090 shares of company stock worth $75,500,649. Company insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $527.32 on Friday. The business’s 50-day moving average price is $463.35 and its 200 day moving average price is $455.22. The firm has a market cap of $132.34 billion, a P/E ratio of -443.12, a PEG ratio of 123.91 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $535.52. 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 released its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.CrowdStrike’s revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the company earned $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. As a group, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

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.