CrowdStrike $CRWD Shares Bought by Shell Asset Management Co.

Key Points

• Shell Asset Management Co. increased its stake in CrowdStrike by 17.5% in Q2, now owning 11,298 shares valued at approximately $5.75 million.
• CrowdStrike recently reported strong earnings, with $1.17 billion in revenue for the quarter and an EPS of $0.93, outperforming analysts’ expectations.
• Insider trading activity included significant sales, with Director Sameer K. Gandhi selling 6,250 shares and President Michael Sentonas selling 20,000 shares valued at $10 million.

Shell Asset Management Co. lifted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 17.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,298 shares of the company's stock after buying an additional 1,680 shares during the quarter. Shell Asset Management Co.'s holdings in CrowdStrike were worth $5,754,000 at the end of the most recent reporting period.

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

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $495.95 on Tuesday. The firm has a fifty day moving average price of $446.69 and a 200 day moving average price of $441.44. CrowdStrike has a fifty-two week low of $285.79 and a fifty-two week high of $517.98. The firm has a market cap of $124.46 billion, a price-to-earnings ratio of -416.76, a P/E/G ratio of 115.12 and a beta of 1.19. 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 announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the firm earned $1.04 EPS. The firm's revenue for the quarter 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. As a group, sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CRWD shares. DZ Bank lowered CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 target price for the company. in a report on Wednesday, September 24th. Capital One Financial raised their price objective on shares of CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a research report on Thursday, September 18th. Stephens raised their target price on CrowdStrike from $510.00 to $525.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. Scotiabank upgraded shares of CrowdStrike from a "sector perform" rating to a "sector outperform" rating and raised their price target for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. Finally, Barclays raised their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and a consensus price target of $487.11.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred 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 transaction, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Michael Sentonas sold 20,000 shares of the firm's stock in a transaction on 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 of the company's stock, valued at approximately $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 132,816 shares of company stock valued at $62,606,356. Company insiders own 3.32% of the company's stock.

CrowdStrike Company 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.

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