BSW Wealth Partners Takes $306,000 Position in CrowdStrike $CRWD

Key Points

• BSW Wealth Partners acquired a new position in CrowdStrike, purchasing 600 shares valued at approximately $306,000 during the 2nd quarter.
• Insider activity revealed that CEO George Kurtz sold 42,267 shares, reducing his ownership by 1.94%, while the CFO also sold 11,883 shares, indicating a similar decline in their stakes.
• Wall Street analysts have mixed ratings on CrowdStrike, with one Strong Buy, twenty-seven Buy, eighteen Hold, and one Sell, as analysts raise price targets, suggesting positive growth expectations.

BSW Wealth Partners bought a new position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 600 shares of the company's stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CRWD. Brighton Jones LLC raised its stake in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after acquiring an additional 2,417 shares in the last quarter. Merit Financial Group LLC increased its holdings in CrowdStrike by 30.2% during the 1st quarter. Merit Financial Group LLC now owns 4,390 shares of the company's stock worth $1,548,000 after purchasing an additional 1,019 shares during the period. ST Germain D J Co. Inc. raised its position in CrowdStrike by 426.3% in the 1st quarter. ST Germain D J Co. Inc. now owns 100 shares of the company's stock valued at $35,000 after purchasing an additional 81 shares in the last quarter. Clare Market Investments LLC boosted its stake in shares of CrowdStrike by 28.8% in the 1st quarter. Clare Market Investments LLC now owns 7,149 shares of the company's stock valued at $2,521,000 after buying an additional 1,600 shares during the period. Finally, Channel Wealth LLC acquired a new position in shares of CrowdStrike during the first quarter worth about $222,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the 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 transaction, the chief executive officer directly owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 112,816 shares of company stock valued at $52,606,356. Insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several analyst reports. Guggenheim reaffirmed a "neutral" rating on shares of CrowdStrike in a report on Thursday, September 18th. Stephens raised their price objective on shares of CrowdStrike from $510.00 to $525.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a "hold" rating in a research note on Thursday, September 18th. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. Finally, Daiwa Capital Markets lifted their price target on CrowdStrike from $475.00 to $530.00 and gave the stock an "outperform" rating in a report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $484.95.

CrowdStrike Trading Down 0.6%

NASDAQ:CRWD opened at $496.80 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock's 50 day simple moving average is $445.78 and its 200-day simple moving average is $438.69. CrowdStrike has a 12-month low of $278.56 and a 12-month high of $517.98. The firm has a market cap of $124.68 billion, a P/E ratio of -417.48, a PEG ratio of 117.49 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike's revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the company 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 anticipate that CrowdStrike will post 0.55 EPS for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.