CrowdStrike $CRWD Shares Bought by Berger Financial Group Inc

Key Points

• Berger Financial Group Inc increased its holdings in CrowdStrike by 19.6% during the second quarter, bringing its total ownership to 4,786 shares valued at approximately $2.4 million.
• Several other major investors, including Vanguard Group Inc and Goldman Sachs Group Inc, have also significantly increased their stakes in CrowdStrike, contributing to institutional investors owning 71.16% of the company's stock.
• CrowdStrike's stock is currently trading at around $489.88, down 1.4%, with analysts generally maintaining a "Moderate Buy" consensus and various price targets ranging from $405 to $530.

Berger Financial Group Inc boosted its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 19.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,786 shares of the company's stock after acquiring an additional 784 shares during the quarter. Berger Financial Group Inc's holdings in CrowdStrike were worth $2,438,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Jennison Associates LLC boosted its holdings in CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in CrowdStrike by 52.6% in 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 valued at $977,149,000 after purchasing an additional 955,529 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock worth $939,747,000 after purchasing an additional 760,222 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in CrowdStrike by 16.4% in the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock valued at $883,713,000 after purchasing an additional 352,473 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity

In other news, President Michael Sentonas sold 20,000 shares of the company's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president owned 379,116 shares in the company, valued at $189,558,000. This represents a 5.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 132,816 shares of company stock worth $62,606,356. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Stock Down 1.4%

Shares of CrowdStrike stock opened at $489.88 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12-month low of $283.80 and a 12-month high of $517.98. The firm has a market capitalization of $122.94 billion, a PE ratio of -411.66, a price-to-earnings-growth ratio of 115.12 and a beta of 1.19. The stock's fifty day moving average is $446.22 and its 200-day moving average is $440.01.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released 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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm posted $1.04 earnings per share. The firm's quarterly revenue was up 21.4% compared to the same quarter last year. 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 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Daiwa Capital Markets boosted their price objective on shares of CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research note on Wednesday, September 24th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of CrowdStrike in a research note on Saturday, September 27th. Stephens upped their target price on CrowdStrike from $510.00 to $525.00 and gave the company an "overweight" rating in a research report on Thursday, September 18th. Evercore ISI increased their price target on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. Finally, Cantor Fitzgerald lifted their price objective on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $487.11.

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.

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