Bouvel Investment Partners LLC Purchases New Position in CrowdStrike $CRWD

Key Points

• Bouvel Investment Partners LLC invested approximately $2.42 million in CrowdStrike (NASDAQ:CRWD) during the second quarter, acquiring 4,749 shares of the company.
• Several prominent hedge funds have recently increased their holdings in CrowdStrike, with Vanguard increasing its stake by 4.1% and Jennison Associates raising theirs by 21.1%.
• CrowdStrike's stock has received multiple recent upgrades, with Goldman Sachs and Susquehanna raising their target prices to $530.00, leading to an overall average rating of "Moderate Buy."

Bouvel Investment Partners LLC bought a new position in CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,749 shares of the company's stock, valued at approximately $2,419,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Real Talk Capital LLC raised its holdings in shares of CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock valued at $963,000 after acquiring an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after acquiring an additional 25 shares in the last quarter. Close Asset Management Ltd raised its holdings in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company's stock valued at $46,000 after acquiring an additional 25 shares in the last quarter. Ramirez Asset Management Inc. raised its holdings in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after acquiring an additional 25 shares in the last quarter. Finally, Cladis Investment Advisory LLC raised its holdings in shares of CrowdStrike by 1.5% in the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company's stock valued at $593,000 after acquiring an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CRWD shares. Needham & Company LLC raised their price objective on CrowdStrike from $475.00 to $535.00 and gave the company a "buy" rating in a report on Thursday, September 18th. Wells Fargo & Company raised their price objective on CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. Zacks Research raised CrowdStrike from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. Royal Bank Of Canada reissued an "outperform" rating and set a $510.00 price objective on shares of CrowdStrike in a report on Thursday, September 18th. Finally, DZ Bank raised CrowdStrike from a "strong sell" rating to a "hold" rating in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and twenty have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $477.21.

CrowdStrike Stock Down 1.8%

Shares of CRWD stock traded down $8.63 during mid-day trading on Tuesday, hitting $484.51. The company's stock had a trading volume of 1,722,482 shares, compared to its average volume of 3,719,336. CrowdStrike has a 52-week low of $272.67 and a 52-week high of $517.98. The business has a 50-day moving average price of $443.28 and a 200 day moving average price of $431.86. 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 stock has a market cap of $121.59 billion, a price-to-earnings ratio of -407.14, a PEG ratio of 120.33 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. CrowdStrike's revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was 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 owned 2,132,887 shares of the company's stock, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated 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 sale, the director directly owned 768,511 shares of the company's stock, valued at $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 99,973 shares of company stock valued at $46,586,987 in the last ninety days. 3.32% of the stock is currently owned by company insiders.

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.