Aaron Wealth Advisors LLC Grows Stake in CrowdStrike $CRWD

Key Points

• Aaron Wealth Advisors LLC increased its holdings in CrowdStrike by 101.9% in the 2nd quarter, owning a total of 2,350 shares worth approximately $1.2 million.
• CrowdStrike reported $0.93 EPS for the latest quarter, surpassing analysts' expectations of $0.83, with revenues also beating estimates at $1.17 billion.
• Institutional investors collectively own 71.16% of CrowdStrike's stock, reflecting strong interest in the cybersecurity company from the investment community.

Aaron Wealth Advisors LLC increased its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 101.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,350 shares of the company's stock after purchasing an additional 1,186 shares during the quarter. Aaron Wealth Advisors LLC's holdings in CrowdStrike were worth $1,197,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike during the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC purchased a new position in CrowdStrike during the 1st quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new position in CrowdStrike during the 1st quarter valued at approximately $30,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Up 0.0%

CRWD opened at $444.98 on Wednesday. The stock's fifty day moving average is $443.51 and its two-hundred day moving average is $427.99. The company has a market capitalization of $111.67 billion, a P/E ratio of -373.93, a PEG ratio of 139.20 and a beta of 1.12. CrowdStrike has a 52 week low of $263.45 and a 52 week high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released 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. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike's quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the business posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on CRWD. JMP Securities restated a "market outperform" rating and set a $500.00 price target on shares of CrowdStrike in a report on Wednesday, June 4th. BTIG Research cut their price target on CrowdStrike from $520.00 to $489.00 and set a "buy" rating for the company in a report on Thursday, August 28th. Cantor Fitzgerald restated an "overweight" rating and set a $475.00 price target on shares of CrowdStrike in a report on Tuesday, August 26th. Bank of America reaffirmed a "neutral" rating and issued a $470.00 price objective (up from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Canaccord Genuity Group lowered their price objective on CrowdStrike from $475.00 to $430.00 and set a "hold" rating for the company in a research note on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $460.10.

Insiders Place Their Bets

In related news, President Michael Sentonas sold 11,527 shares of the company's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $471.20, for a total transaction of $5,431,522.40. Following the completion of the sale, the president directly owned 410,677 shares in the company, valued at $193,511,002.40. This represents a 2.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO George Kurtz sold 42,267 shares of the company's 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 sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 143,734 shares of company stock worth $67,337,728. Insiders own 3.32% of the company's stock.

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.

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