Arthur M. Cohen & Associates LLC reduced its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,616 shares of the company's stock after selling 644 shares during the period. CrowdStrike accounts for approximately 1.7% of Arthur M. Cohen & Associates LLC's investment portfolio, making the stock its 15th biggest holding. Arthur M. Cohen & Associates LLC's holdings in CrowdStrike were worth $9,481,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC boosted its stake 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 purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new position in CrowdStrike during the 1st quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its stake 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 purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new position in CrowdStrike during the 1st quarter valued at about $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other CrowdStrike news, 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 value of $19,040,015.49. Following the sale, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Roxanne S. Austin sold 9,447 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the sale, the director owned 18,858 shares in the company, valued at approximately $9,667,553.70. The trade was a 33.38% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 143,734 shares of company stock valued at $67,337,728. Insiders own 3.32% of the company's stock.
CrowdStrike Stock Performance
Shares of NASDAQ:CRWD opened at $502.55 on Friday. The company has a market cap of $126.12 billion, a price-to-earnings ratio of -422.31, a price-to-earnings-growth ratio of 118.20 and a beta of 1.12. The company has a 50-day moving average price of $442.94 and a 200-day moving average price of $430.16. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12 month low of $272.67 and a 12 month high of $517.98.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm earned $1.04 earnings per share. CrowdStrike's 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, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.
Analyst Ratings Changes
CRWD has been the topic of several recent analyst reports. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research report on Thursday, August 28th. UBS Group dropped their target price on shares of CrowdStrike from $545.00 to $500.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. Zacks Research raised shares of CrowdStrike from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Bank of America reissued a "neutral" rating and set a $470.00 target price (up previously from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Finally, DA Davidson lifted their target price on shares of CrowdStrike from $490.00 to $515.00 and gave the stock a "buy" rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $473.85.
Check Out Our Latest Research Report on CRWD
About CrowdStrike
(
Free Report)
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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