8,500 Shares in CrowdStrike $CRWD Bought by MYDA Advisors LLC

Key Points

• MYDA Advisors LLC purchased 8,500 shares of CrowdStrike, valued at approximately $2.99 million, making it the 27th largest position in their portfolio.
• Several hedge funds increased their holdings in CrowdStrike during the first quarter, indicating growing institutional interest in the company.
• Analysts rate CrowdStrike as a "Moderate Buy," with a target price averaging $464.37, reflecting optimistic growth expectations for the company.

MYDA Advisors LLC acquired a new position in CrowdStrike (NASDAQ:CRWD - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,500 shares of the company's stock, valued at approximately $2,997,000. CrowdStrike accounts for approximately 0.5% of MYDA Advisors LLC's investment portfolio, making the stock its 27th biggest holding.

Several other institutional investors have also bought and sold shares of the stock. Truvestments Capital LLC raised its position in CrowdStrike by 24.4% in the first quarter. Truvestments Capital LLC now owns 1,238 shares of the company's stock worth $436,000 after acquiring an additional 243 shares in the last quarter. B. Metzler seel. Sohn & Co. AG raised its position in CrowdStrike by 3.4% in the first quarter. B. Metzler seel. Sohn & Co. AG now owns 7,600 shares of the company's stock worth $2,680,000 after acquiring an additional 252 shares in the last quarter. Delta Investment Management LLC raised its position in CrowdStrike by 6.5% in the first quarter. Delta Investment Management LLC now owns 3,509 shares of the company's stock worth $1,237,000 after acquiring an additional 213 shares in the last quarter. Silvant Capital Management LLC raised its position in CrowdStrike by 0.5% in the first quarter. Silvant Capital Management LLC now owns 25,323 shares of the company's stock worth $8,928,000 after acquiring an additional 119 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its position in CrowdStrike by 11.0% in the first quarter. CreativeOne Wealth LLC now owns 6,654 shares of the company's stock worth $2,346,000 after acquiring an additional 660 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on CRWD shares. BTIG Research dropped their price target on shares of CrowdStrike from $520.00 to $489.00 and set a "buy" rating on the stock in a research report on Thursday. Needham & Company LLC dropped their price target on shares of CrowdStrike from $530.00 to $475.00 and set a "buy" rating on the stock in a research report on Thursday. Truist Financial reiterated a "buy" rating and issued a $500.00 price target (up from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Raymond James Financial reiterated an "outperform" rating and issued a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Finally, Piper Sandler dropped their price target on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research report on Thursday. Twenty-five analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $456.80.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the completion of the sale, the director owned 774,761 shares in the company, valued at approximately $346,387,895.49. The trade was a 0.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,414 shares of company stock valued at $96,794,738 in the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 4.1%

NASDAQ:CRWD traded down $18.30 during mid-day trading on Friday, reaching $423.70. The stock had a trading volume of 5,472,042 shares, compared to its average volume of 3,338,633. The business's 50 day moving average is $461.47 and its 200 day moving average is $427.52. CrowdStrike has a fifty-two week low of $242.25 and a fifty-two week high of $517.98. The stock has a market cap of $105.61 billion, a P/E ratio of -356.05 and a beta of 1.13. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.85.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike's quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the company posted $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 year.

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.