Geneos Wealth Management Inc. Has $8.48 Million Stake in CrowdStrike $CRWD

Key Points

• Geneos Wealth Management Inc. increased its stake in CrowdStrike shares by 33.2% in Q1, owning a total of 24,059 shares valued at $8.48 million.
• Analysts have mixed views on CrowdStrike, with price targets ranging from $405 to $530, and overall a consensus rating of "Moderate Buy".
• CrowdStrike reported earnings of $0.93 per share for the last quarter, exceeding expectations, and expects full-year EPS guidance of 3.60 to 3.72.

Geneos Wealth Management Inc. boosted its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 33.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,059 shares of the company's stock after purchasing an additional 5,998 shares during the quarter. Geneos Wealth Management Inc.'s holdings in CrowdStrike were worth $8,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in CRWD. Nuveen LLC bought a new stake in CrowdStrike during the 1st quarter worth approximately $595,766,000. Jennison Associates LLC raised its holdings in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares in the last quarter. GAMMA Investing LLC grew its stake in CrowdStrike by 50,536.2% in the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock valued at $383,132,000 after purchasing an additional 1,084,506 shares during the last quarter. Pathstone Holdings LLC grew its stake in shares of CrowdStrike by 379.0% during the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock worth $440,116,000 after acquiring an additional 1,017,678 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock worth $977,149,000 after acquiring an additional 955,529 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CRWD has been the subject of a number of analyst reports. Susquehanna boosted their price target on CrowdStrike from $425.00 to $530.00 and gave the company a "positive" rating in a report on Wednesday, June 4th. Cfra restated a "hold" rating and set a $555.00 target price (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Truist Financial reissued a "buy" rating and set a $500.00 target price (up previously from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Stephens lifted their target price on CrowdStrike from $450.00 to $540.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $475.00 price objective on shares of CrowdStrike in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus price target of $460.10.

CrowdStrike Price Performance

Shares of CRWD traded up $8.51 during midday trading on Thursday, reaching $433.38. The stock had a trading volume of 2,408,603 shares, compared to its average volume of 3,213,036. The firm's 50 day moving average price is $447.53 and its 200-day moving average price is $426.55. The company has a market capitalization of $108.76 billion, a P/E ratio of -364.18, a P/E/G ratio of 132.97 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 52 week low of $252.48 and a 52 week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates 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 was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 11,527 shares of the firm's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $471.20, for a total transaction of $5,431,522.40. Following the completion of the sale, the president directly owned 410,677 shares of the company's stock, valued at $193,511,002.40. This trade represents a 2.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Roxanne S. Austin sold 15,000 shares of CrowdStrike stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $497.67, for a total value of $7,465,050.00. Following the completion of the sale, the director directly owned 18,858 shares of the company's stock, valued at $9,385,060.86. This trade represents a 44.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 143,734 shares of company stock worth $67,337,728 over the last three months. 3.32% of the stock is currently owned by 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.