515 Shares in CrowdStrike $CRWD Acquired by MN Wealth Advisors LLC

Key Points

• MN Wealth Advisors LLC has acquired a new stake in CrowdStrike by purchasing 515 shares valued at approximately $262,000 during the second quarter.
• Several institutional investors, including Patron Partners LLC and Real Talk Capital LLC, have also increased their stakes in CrowdStrike, with institutional ownership now at 71.16%.
• Analysts have raised their price targets for CrowdStrike shares significantly, with JMP Securities setting a new target of $550.00 and Oppenheimer setting it as high as $560.00.

MN Wealth Advisors LLC bought a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 515 shares of the company's stock, valued at approximately $262,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CRWD. Patron Partners LLC lifted its holdings in CrowdStrike by 2.1% during the second quarter. Patron Partners LLC now owns 1,076 shares of the company's stock worth $548,000 after acquiring an additional 22 shares in the last quarter. Real Talk Capital LLC increased its stake in CrowdStrike by 0.9% during 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 in the last quarter. Tradewinds Capital Management LLC raised its holdings in CrowdStrike by 20.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after buying an additional 25 shares during the period. Close Asset Management Ltd lifted its stake in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock valued at $46,000 after buying an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. boosted its holdings in shares of CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after buying an additional 25 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Analysts Set New Price Targets

CRWD has been the topic of several research reports. JMP Securities boosted their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the company a "market outperform" rating in a research report on Tuesday, September 23rd. BMO Capital Markets upped their price objective on CrowdStrike from $450.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, September 18th. Oppenheimer raised their price target on shares of CrowdStrike from $520.00 to $560.00 and gave the stock an "outperform" rating in a research note on Friday, October 17th. Wedbush restated a "buy" rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, BTIG Research reiterated a "buy" rating and set a $489.00 price target on shares of CrowdStrike in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $496.47.

CrowdStrike Price Performance

CrowdStrike stock opened at $533.76 on Friday. The stock's fifty day moving average price is $461.36 and its two-hundred day moving average price is $452.92. CrowdStrike has a one year low of $294.68 and a one year high of $528.08. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $133.95 billion, a PE ratio of -449.40, a price-to-earnings-growth ratio of 117.52 and a beta of 1.19.

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, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the prior year, the company earned $1.04 earnings per share. The company's quarterly revenue 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. As a group, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 42,267 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president owned 379,116 shares of the company's stock, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 158,090 shares of company stock valued at $75,500,649 over the last quarter. 3.32% of the stock is currently owned by insiders.

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.

Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike (NASDAQ:CRWD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.