Apollon Financial LLC Buys Shares of 530 CrowdStrike $CRWD

Key Points

• Apollon Financial LLC acquired a new stake in CrowdStrike by purchasing 530 shares valued at approximately $270,000.
• Despite recent insider sales, which included CEO George Kurtz selling over 42,000 shares for around $19 million, institutional investors still hold 71.16% of CrowdStrike's stock.
• CrowdStrike's recent earnings report showed an EPS of $0.93, surpassing analysts' expectations, while analysts have set price targets ranging from $450 to $519 for the stock.

Apollon Financial LLC bought a new stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 530 shares of the company's stock, valued at approximately $270,000.

Several other hedge funds have also recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC purchased a new position in CrowdStrike during the 1st quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC increased 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 acquiring an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $30,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 157,816 shares of company stock worth $75,331,356. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Price Performance

CRWD opened at $493.66 on Friday. The company's 50 day simple moving average is $450.04 and its 200 day simple moving average is $444.40. 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 has a 1 year low of $294.68 and a 1 year high of $517.98. The stock has a market capitalization of $123.89 billion, a PE ratio of -414.84, a P/E/G ratio of 116.00 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 (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 for the quarter, compared to analysts' expectations of $1.15 billion. During the same period last 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, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Piper Sandler decreased their price target on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. New Street Research set a $460.00 price target on shares of CrowdStrike in a research note on Thursday, August 28th. DA Davidson raised their price target on shares of CrowdStrike from $490.00 to $515.00 and gave the stock a "buy" rating in a research note on Thursday, September 18th. Capital One Financial raised their price target on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. Finally, KeyCorp raised their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and an average target price of $493.33.

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.

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