Brendel Financial Advisors LLC Invests $376,000 in CrowdStrike $CRWD

Key Points

• Brendel Financial Advisors LLC acquired 739 shares of CrowdStrike, valued at approximately $376,000, in the 2nd quarter, highlighting ongoing institutional interest in the company.
• Director Sameer K. Gandhi sold 6,250 shares at an average price of $410.32, while CFO Burt W. Podbere sold 11,883 shares at an average price of $455.47, indicating insider selling activity.
• Several analysts raised their price targets for CrowdStrike, with a consensus target price now at $473.85, reflecting positive sentiment towards the stock and its future performance.

Brendel Financial Advisors LLC bought a new stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 739 shares of the company's stock, valued at approximately $376,000.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. State of Wyoming raised its stake in shares of CrowdStrike by 2,191.4% in the 4th quarter. State of Wyoming now owns 802 shares of the company's stock valued at $274,000 after buying an additional 767 shares in the last quarter. Woodline Partners LP raised its stake in shares of CrowdStrike by 80.8% in the 4th quarter. Woodline Partners LP now owns 18,545 shares of the company's stock valued at $6,345,000 after buying an additional 8,287 shares in the last quarter. Waverly Advisors LLC raised its stake in shares of CrowdStrike by 99.1% in the 4th quarter. Waverly Advisors LLC now owns 2,124 shares of the company's stock valued at $727,000 after buying an additional 1,057 shares in the last quarter. Finally, First Heartland Consultants Inc. acquired a new stake in shares of CrowdStrike during the 4th quarter worth about $205,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 1.9%

NASDAQ:CRWD traded down $9.41 during trading hours on Monday, hitting $493.14. 3,869,531 shares of the company traded hands, compared to its average volume of 3,730,635. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm's 50-day simple moving average is $442.94 and its 200-day simple moving average is $430.74. CrowdStrike has a one year low of $272.67 and a one year high of $517.98. The company has a market cap of $123.76 billion, a PE ratio of -414.40, a PEG ratio of 120.33 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CRWD. Wedbush reaffirmed a "buy" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Macquarie boosted their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the company a "neutral" rating in a research report on Friday. Scotiabank cut their price objective on shares of CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating for the company in a research report on Thursday, August 28th. DA Davidson upped their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Roth Capital reaffirmed a "buy" rating and set a $510.00 price objective (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nineteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $476.41.

Insider Buying and Selling

In related news, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value 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. This trade represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the sale, the director directly owned 18,858 shares of the company's stock, valued at approximately $9,667,553.70. This trade represents a 33.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 101,741 shares of company stock worth $47,456,437 in the last quarter. 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.