Circle Wealth Management LLC Has $5.42 Million Stock Position in CrowdStrike $CRWD

Key Points

• Circle Wealth Management LLC has increased its stake in CrowdStrike by 10.6%, bringing its total holdings to 15,378 shares valued at approximately $5.42 million.
• Analysts remain optimistic about CrowdStrike, with a consensus rating of "Moderate Buy" and a target price of $460.81 following revisions by multiple firms.
• Insider trading activity saw significant sales, including a transaction where Director Roxanne S. Austin sold 15,000 shares for over $7.46 million, reflecting a notable reduction in her position.

Circle Wealth Management LLC grew its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 10.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 15,378 shares of the company's stock after buying an additional 1,469 shares during the period. Circle Wealth Management LLC's holdings in CrowdStrike were worth $5,422,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in CrowdStrike during the 1st quarter worth about $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC raised its stake in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after buying an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares during the period. Finally, Neo Ivy Capital Management bought a new position in CrowdStrike in the first quarter valued at approximately $30,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Up 1.6%

Shares of CRWD stock traded up $6.49 during trading hours on Friday, hitting $420.55. 2,196,622 shares of the company were exchanged, compared to its average volume of 2,611,488. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average of $467.34 and a two-hundred day moving average of $427.56. The company has a market capitalization of $104.82 billion, a PE ratio of -609.49 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the previous year, the firm posted $0.93 EPS. The firm's revenue was up 19.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. Analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $447.09, for a total value of $2,794,312.50. Following the sale, the director owned 774,761 shares in the company, valued at approximately $346,387,895.49. The trade was a 0.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Roxanne S. Austin sold 9,447 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the transaction, the director directly owned 18,858 shares of the company's stock, valued at $9,667,553.70. This represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 214,414 shares of company stock worth $101,484,738 in the last 90 days. Company insiders own 3.32% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on CRWD shares. Scotiabank upped their target price on shares of CrowdStrike from $370.00 to $480.00 and gave the company a "sector perform" rating in a research report on Wednesday, June 4th. Morgan Stanley reaffirmed an "equal weight" rating and set a $495.00 price objective (up from $490.00) on shares of CrowdStrike in a research note on Monday, July 14th. Cfra reissued a "hold" rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. UBS Group restated a "buy" rating on shares of CrowdStrike in a report on Tuesday, June 3rd. Finally, DA Davidson upped their price target on CrowdStrike from $415.00 to $530.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Twenty-six analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $460.81.

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.