CrowdStrike $CRWD Shares Purchased by Fiduciary Alliance LLC

Key Points

• Fiduciary Alliance LLC increased its stake in CrowdStrike by 34.8% in Q2, owning a total of 6,216 shares valued at approximately $3.17 million.
• Recent analyst reports indicate a generally positive outlook for CrowdStrike, with price targets ranging from $440 to $530 and an average rating of "Moderate Buy".
• CrowdStrike reported a 21.4% year-over-year increase in revenue, reaching $1.17 billion for the quarter, alongside earnings per share of $0.93.

Fiduciary Alliance LLC grew its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 34.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,216 shares of the company's stock after purchasing an additional 1,605 shares during the quarter. Fiduciary Alliance LLC's holdings in CrowdStrike were worth $3,166,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CRWD. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike during the 1st quarter valued at about $25,000. Vision Financial Markets LLC purchased a new position in CrowdStrike during the first quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC grew its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after purchasing an additional 58 shares during the period. Finally, Neo Ivy Capital Management purchased a new stake in shares of CrowdStrike in the first quarter valued at approximately $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CRWD has been the subject of several recent analyst reports. JMP Securities reissued a "market outperform" rating and issued a $500.00 price target on shares of CrowdStrike in a report on Wednesday, June 4th. Susquehanna boosted their target price on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a research note on Wednesday, June 4th. Wedbush reaffirmed a "buy" rating on shares of CrowdStrike in a research note on Thursday, August 28th. DA Davidson lowered their price objective on CrowdStrike from $530.00 to $490.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. Finally, Scotiabank cut their price objective on CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating for the company in a research note on Thursday, August 28th. One equities research 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 stock. According to data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $460.10.

Insider Activity

In related news, CFO Burt W. Podbere sold 11,883 shares of the firm's 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 completion of the sale, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Johanna Flower sold 2,073 shares of the company's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the transaction, the director directly owned 81,383 shares in the company, valued at $38,592,632.43. This represents a 2.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 143,734 shares of company stock worth $67,337,728 over the last quarter. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $444.77 on Tuesday. 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 52 week low of $259.35 and a 52 week high of $517.98. The firm's 50 day moving average is $444.77 and its two-hundred day moving average is $427.87. The firm has a market capitalization of $111.62 billion, a P/E ratio of -373.75, a P/E/G ratio of 136.48 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike's revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.

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