Advisors Asset Management Inc. Sells 1,995 Shares of CrowdStrike $CRWD

Advisors Asset Management Inc. lowered its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 39.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,033 shares of the company's stock after selling 1,995 shares during the quarter. Advisors Asset Management Inc.'s holdings in CrowdStrike were worth $1,069,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Tradewinds Capital Management LLC grew its position in 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 buying an additional 25 shares during the last quarter. Close Asset Management Ltd grew its position in 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 buying an additional 25 shares during the last quarter. Ramirez Asset Management Inc. boosted its position in shares of CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after purchasing an additional 25 shares in the last quarter. Cladis Investment Advisory LLC boosted its position in shares of CrowdStrike by 1.5% during the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company's stock worth $593,000 after purchasing an additional 25 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its position in shares of CrowdStrike by 0.9% during the 1st quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company's stock worth $1,052,000 after purchasing an additional 26 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CRWD. Cfra reaffirmed a "hold" rating and set a $555.00 price target (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. BMO Capital Markets set a $450.00 price target on CrowdStrike in a research note on Thursday, August 28th. Wedbush reissued a "buy" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Morgan Stanley reduced their target price on shares of CrowdStrike from $495.00 to $460.00 and set an "equal weight" rating on the stock in a report on Thursday, August 28th. Finally, Raymond James Financial reiterated an "outperform" rating and set a $485.00 price objective (up from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $460.10.

CrowdStrike Stock Performance

CRWD stock traded up $8.41 during mid-day trading on Thursday, reaching $433.28. The company had a trading volume of 1,552,749 shares, compared to its average volume of 3,682,777. 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 stock has a market capitalization of $108.74 billion, a P/E ratio of -363.62, a P/E/G ratio of 132.54 and a beta of 1.12. CrowdStrike has a one year low of $252.48 and a one year high of $517.98. The stock's 50-day simple moving average is $449.14 and its two-hundred day simple moving average is $426.26.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. The business 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%. The company's revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity at CrowdStrike

In other news, Director Roxanne S. Austin sold 15,000 shares of CrowdStrike stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the completion of the sale, the director directly owned 18,858 shares in the company, valued at $9,385,060.86. The trade was a 44.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 completion of the sale, the director owned 774,761 shares of the company's stock, valued at approximately $346,387,895.49. This trade represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 143,734 shares of company stock worth $67,337,728. Company insiders own 3.32% of the company's stock.

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.