Aptus Capital Advisors LLC Raises Position in CrowdStrike $CRWD

Key Points

• Aptus Capital Advisors LLC increased its holdings in CrowdStrike by 813.9% in the first quarter, acquiring an additional 40,688 shares, raising their total ownership to 45,687 shares worth approximately $16.1 million.
• Insider trading activity included Roxanne S. Austin selling 9,447 shares and CFO Burt W. Podbere selling 11,883 shares, indicating a decrease in their positions by 33.38% and 4.89% respectively.
• Several analysts have set high target prices for CrowdStrike stock, with estimates reaching as high as $530, reflecting positive outlooks from 26 analysts rating it a "buy."

Aptus Capital Advisors LLC increased its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 813.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,687 shares of the company's stock after buying an additional 40,688 shares during the quarter. Aptus Capital Advisors LLC's holdings in CrowdStrike were worth $16,108,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in CRWD. Brighton Jones LLC increased its position in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Jump Financial LLC boosted its stake in CrowdStrike by 53.2% during the fourth quarter. Jump Financial LLC now owns 1,924 shares of the company's stock worth $658,000 after buying an additional 668 shares during the period. Dimensional Fund Advisors LP increased its position in shares of CrowdStrike by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company's stock valued at $96,234,000 after acquiring an additional 10,271 shares during the last quarter. Capital Research Global Investors acquired a new stake in shares of CrowdStrike during the fourth quarter valued at about $118,888,000. Finally, Natixis raised its stake in shares of CrowdStrike by 251.1% in the 4th quarter. Natixis now owns 34,547 shares of the company's stock valued at $11,821,000 after acquiring an additional 24,708 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Denis Oleary sold 15,680 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of $468.93, for a total transaction of $7,352,822.40. Following the completion of the sale, the director owned 36,906 shares in the company, valued at $17,306,330.58. This represents a 29.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer directly owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 214,414 shares of company stock worth $101,484,738. Corporate insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. DZ Bank cut CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price objective for the company. in a research note on Thursday, May 22nd. Scotiabank increased their target price on shares of CrowdStrike from $370.00 to $480.00 and gave the stock a "sector perform" rating in a report on Wednesday, June 4th. Cfra reissued a "hold" rating and issued a $555.00 price target (up previously from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Needham & Company LLC upped their price objective on CrowdStrike from $420.00 to $530.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Finally, Sanford C. Bernstein cut CrowdStrike from an "outperform" rating to a "market perform" rating and set a $371.00 price objective on the stock. in a research note on Friday, June 6th. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and an average price target of $460.81.

CrowdStrike Stock Up 0.1%

Shares of NASDAQ:CRWD traded up $0.57 during trading on Wednesday, hitting $419.17. 2,208,565 shares of the company were exchanged, compared to its average volume of 3,694,942. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The firm's 50 day moving average price is $471.05 and its 200-day moving average price is $427.34. The stock has a market capitalization of $104.48 billion, a P/E ratio of -607.49 and a beta of 1.13. CrowdStrike has a 12-month low of $242.25 and a 12-month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the previous year, the company earned $0.93 earnings per share. CrowdStrike's quarterly revenue was up 19.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

About CrowdStrike

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.