Belpointe Asset Management LLC Buys 1,891 Shares of CrowdStrike $CRWD

Key Points

• Belpointe Asset Management LLC increased its stake in CrowdStrike by 24.1%, acquiring an additional 1,891 shares, bringing its total holdings to 9,723 shares valued at approximately $4.95 million.
• Several research firms have updated their ratings for CrowdStrike, with DA Davidson raising its price target to $515.00 and DZ Bank downgrading it to $440.00, reflecting a wide range of analyst sentiment.
• Insider trading activity included President Michael Sentonas selling 20,000 shares for $10 million, resulting in a 5.01% decrease in his holdings.

Belpointe Asset Management LLC raised its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 24.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,723 shares of the company's stock after acquiring an additional 1,891 shares during the period. Belpointe Asset Management LLC's holdings in CrowdStrike were worth $4,952,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike during the first quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after purchasing an additional 40 shares in the last quarter. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of CrowdStrike by 305.3% during the first 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 in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of CrowdStrike during the 1st quarter valued at about $30,000. Institutional investors own 71.16% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CRWD. DA Davidson boosted their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a "buy" rating in a report on Thursday, September 18th. DZ Bank lowered shares of CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 target price for the company. in a research note on Wednesday, September 24th. UBS Group dropped their price target on CrowdStrike from $545.00 to $500.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. Royal Bank Of Canada reiterated an "outperform" rating and set a $510.00 price objective on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Sanford C. Bernstein lowered their target price on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $487.11.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the business's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president owned 379,116 shares in the company, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 132,816 shares of company stock worth $62,606,356 over the last three months. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Stock Performance

CrowdStrike stock opened at $489.88 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a market capitalization of $122.94 billion, a PE ratio of -411.66, a P/E/G ratio of 115.12 and a beta of 1.19. The company has a 50 day moving average price of $446.22 and a 200-day moving average price of $440.50. CrowdStrike has a fifty-two week low of $283.80 and a fifty-two week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the company posted $1.04 earnings per share. The firm'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, equities analysts forecast 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.

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