Chapin Davis Inc. Purchases Shares of 10,681 CrowdStrike $CRWD

Key Points

• Chapin Davis Inc. has acquired 10,681 shares of CrowdStrike, valued at approximately $5.44 million, making it 1.5% of their portfolio.
• Analysts have varied price targets for CrowdStrike, with Jefferies raising their target to $515 while Evercore ISI decreased theirs to $405.
• CrowdStrike reported a 21.4% increase in revenue year-over-year, posting $1.17 billion during the latest quarter, alongside earnings per share of $0.93.

Chapin Davis Inc. purchased a new stake 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 purchased 10,681 shares of the company's stock, valued at approximately $5,440,000. CrowdStrike makes up 1.5% of Chapin Davis Inc.'s investment portfolio, making the stock its 16th biggest holding.

Several other large investors have also recently modified their holdings of the company. Nuveen LLC purchased a new stake in CrowdStrike during the first quarter worth $595,766,000. Jennison Associates LLC boosted its stake in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. GAMMA Investing LLC lifted its stake in CrowdStrike by 50,536.2% in the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock worth $383,132,000 after acquiring an additional 1,084,506 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock worth $977,149,000 after buying an additional 955,529 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the period. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In related news, Director Johanna Flower sold 2,073 shares of the stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director owned 81,383 shares of the company's stock, valued at $38,592,632.43. This trade represents a 2.48% 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, Director Roxanne S. Austin sold 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the sale, the director owned 18,858 shares of the company's stock, valued at approximately $9,385,060.86. This represents a 44.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 101,741 shares of company stock valued at $47,456,437 in the last quarter. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Stock Down 1.9%

CRWD traded down $9.41 during midday trading on Monday, reaching $493.14. 3,872,883 shares of the company were exchanged, compared to its average volume of 3,994,004. The company's fifty day moving average price is $443.28 and its 200 day moving average price is $431.86. CrowdStrike has a one year low of $272.67 and a one year high of $517.98. The company has a market cap of $123.76 billion, a price-to-earnings ratio of -414.40, a price-to-earnings-growth ratio of 120.33 and a beta of 1.12. 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 - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the business posted $1.04 earnings per share. CrowdStrike's quarterly 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. As a group, analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. New Street Research set a $460.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. Wells Fargo & Company raised their price objective on CrowdStrike from $430.00 to $550.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. BTIG Research reaffirmed a "buy" rating and issued a $489.00 target price on shares of CrowdStrike in a research report on Thursday. UBS Group lowered 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. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $490.00 price target on shares of CrowdStrike in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nineteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $476.41.

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.