Calton & Associates Inc. Invests $426,000 in CrowdStrike $CRWD

Key Points

• Calton & Associates Inc. acquired 1,207 shares of CrowdStrike ($CRWD), valued at approximately $426,000, further increasing institutional ownership which now stands at 71.16%.
• CrowdStrike's stock price has recently declined by 4.1% and opened at $423.70, with analysts setting an average price target of $460.10.
• The company reported a quarterly earnings per share (EPS) of $0.93, exceeding estimates, with revenues of $1.17 billion, reflecting a 21.4% year-over-year increase.

Calton & Associates Inc. purchased a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,207 shares of the company's stock, valued at approximately $426,000.

A number of other institutional investors have also made changes to their positions in the stock. Blue Trust Inc. lifted its stake in CrowdStrike by 20.4% in the first quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock valued at $447,000 after buying an additional 215 shares during the period. OLD National Bancorp IN acquired a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $248,000. Bessemer Group Inc. boosted its stake in CrowdStrike by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock worth $783,000 after acquiring an additional 98 shares during the last quarter. CX Institutional acquired a new position in CrowdStrike during the first quarter valued at approximately $175,000. Finally, Ritholtz Wealth Management grew its holdings in CrowdStrike by 23.8% during the first quarter. Ritholtz Wealth Management now owns 3,824 shares of the company's stock valued at $1,348,000 after purchasing an additional 736 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total value of $11,925,000.00. Following the completion of the transaction, the president directly owned 422,204 shares in the company, valued at $201,391,308. This trade represents a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Denis Oleary sold 15,680 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $468.93, for a total value of $7,352,822.40. Following the transaction, the director directly owned 36,906 shares in the company, valued at $17,306,330.58. This trade represents a 29.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 188,164 shares of company stock worth $88,876,050 over the last three months. Company insiders own 3.32% of the company's stock.

CrowdStrike Stock Down 2.4%

Shares of NASDAQ CRWD traded down $10.20 during midday trading on Tuesday, reaching $413.50. The company's stock had a trading volume of 3,756,360 shares, compared to its average volume of 3,739,212. The stock has a 50 day simple moving average of $460.11 and a 200-day simple moving average of $427.09. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $103.06 billion, a price-to-earnings ratio of -347.48 and a beta of 1.12. CrowdStrike has a fifty-two week low of $242.25 and a fifty-two week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $1.15 billion. During the same quarter last year, the firm earned $1.04 earnings per share. The firm's revenue for the quarter 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. Equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CRWD shares. DZ Bank upgraded shares of CrowdStrike from a "strong sell" rating to a "hold" rating in a report on Thursday, August 28th. DA Davidson lowered their price objective on shares of CrowdStrike from $530.00 to $490.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. Cantor Fitzgerald reiterated an "overweight" rating and set a $475.00 target price on shares of CrowdStrike in a report on Tuesday, August 26th. Piper Sandler decreased their target price on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a research note on Thursday, August 28th. Finally, Roth Capital raised their price target on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Twenty-four research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company's stock. According to data from MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and an average price target of $460.10.

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.