CrowdStrike $CRWD Position Boosted by Benchmark Investment Advisors LLC

Key Points

• Benchmark Investment Advisors LLC increased its stake in CrowdStrike by 90.8% in the first quarter, now holding 10,248 shares valued at approximately $3.6 million.
• Key insiders sold significant shares recently, with CEO George Kurtz selling over 42,000 shares for about $19 million, reducing his holdings by 1.94%.
• CrowdStrike's stock currently holds a consensus rating of "Moderate Buy", with a consensus price target of $460.10, despite some analysts lowering their target prices recently.

Benchmark Investment Advisors LLC boosted its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 90.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 10,248 shares of the company's stock after buying an additional 4,877 shares during the period. CrowdStrike makes up about 2.3% of Benchmark Investment Advisors LLC's investment portfolio, making the stock its 12th largest position. Benchmark Investment Advisors LLC's holdings in CrowdStrike were worth $3,613,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CRWD. Tradewinds Capital Management LLC lifted its stake in CrowdStrike by 20.8% in the first 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 lifted its stake in CrowdStrike by 23.8% in the first 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. lifted its stake in CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after buying an additional 25 shares during the last quarter. Cladis Investment Advisory LLC lifted its stake in CrowdStrike by 1.5% in the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company's stock valued at $593,000 after buying an additional 25 shares during the last quarter. Finally, Stratos Wealth Advisors LLC lifted its stake in CrowdStrike by 0.9% in the first quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company's stock valued at $1,052,000 after buying an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Down 4.1%

CRWD traded down $18.30 during trading on Friday, reaching $423.70. The company had a trading volume of 5,472,042 shares, compared to its average volume of 3,462,167. The firm's 50-day simple moving average is $461.47 and its 200 day simple moving average is $427.29. The company has a market cap of $105.61 billion, a price-to-earnings ratio of -356.05 and a beta of 1.12. CrowdStrike has a 12-month low of $242.25 and a 12-month high of $517.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. The firm 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%.CrowdStrike's revenue was up 21.4% on a year-over-year basis. During the same quarter last 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 research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Denis Oleary sold 15,680 shares of CrowdStrike stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $468.93, for a total transaction of $7,352,822.40. Following the transaction, the director owned 36,906 shares of the company's stock, valued at $17,306,330.58. The trade was a 29.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,414 shares of company stock worth $96,794,738 in the last three months. Insiders own 3.32% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Oppenheimer restated an "outperform" rating and set a $520.00 price objective on shares of CrowdStrike in a research note on Thursday. Piper Sandler cut their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research note on Thursday. Morgan Stanley cut their price objective on shares of CrowdStrike from $495.00 to $460.00 and set an "equal weight" rating on the stock in a research note on Thursday. Rosenblatt Securities cut their price objective on shares of CrowdStrike from $515.00 to $490.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, Scotiabank dropped their price target on shares of CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating on the stock in a research report on Thursday. Twenty-four analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus price target of $460.10.

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.