1,000 Shares in CrowdStrike $CRWD Acquired by Sara Bay Financial

Key Points

• Sara Bay Financial acquired 1,000 shares of CrowdStrike ($CRWD), valued at approximately $509,000, during the 2nd quarter, as revealed in their recent SEC filing.
• CrowdStrike reported better-than-expected quarterly earnings with $0.93 EPS, surpassing analysts' expectations of $0.83, and revenue growth of 21.4% year-over-year to $1.17 billion.
• Insider selling activities included CEO George Kurtz and CFO Burt W. Podbere selling significant amounts of stock, with insiders collectively selling 84,973 shares worth $39 million in the last ninety days.

Sara Bay Financial acquired a new position in CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,000 shares of the company's stock, valued at approximately $509,000.

Several other institutional investors have also recently bought and sold shares of the stock. Real Talk Capital LLC raised its position in CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after purchasing an additional 24 shares during the last quarter. Tradewinds Capital Management LLC raised its position in CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd grew its holdings in CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after acquiring an additional 25 shares during the period. Ramirez Asset Management Inc. grew its holdings in CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after acquiring an additional 25 shares during the period. Finally, Cladis Investment Advisory LLC grew its holdings in CrowdStrike by 1.5% during the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company's stock worth $593,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Down 1.8%

Shares of NASDAQ:CRWD opened at $484.10 on Wednesday. The company's 50-day moving average price is $443.50 and its two-hundred day moving average price is $432.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a one year low of $272.67 and a one year high of $517.98. The stock has a market capitalization of $121.49 billion, a PE ratio of -406.80, a price-to-earnings-growth ratio of 115.88 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping 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 for the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the previous year, the firm posted $1.04 EPS. The company's revenue for the quarter was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Macquarie lifted their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the stock a "neutral" rating in a report on Friday, September 19th. Zacks Research raised shares of CrowdStrike from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. Evercore ISI lifted their target price on shares of CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. The Goldman Sachs Group lifted their target price on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a "buy" rating in a report on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a "hold" rating in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and twenty have issued a Hold rating to the stock. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $477.21.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the business's stock in a transaction dated 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 sale, the chief executive officer directly owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the sale, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 84,973 shares of company stock worth $39,121,937. 3.32% of the stock is currently owned by company insiders.

CrowdStrike 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.

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