CrowdStrike $CRWD Shares Purchased by Focus Partners Wealth

Key Points

• Focus Partners Wealth increased its holdings in CrowdStrike by 135.7% in Q1, owning 36,244 shares valued at approximately $12.68 million.
• The company's recent quarterly earnings showed a 21.4% year-over-year revenue growth with an EPS of $0.93, surpassing analysts' expectations.
• CrowdStrike shares have an average price target of $460.10, with a consensus rating of 'Moderate Buy' from analysts.

Focus Partners Wealth increased its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 135.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 36,244 shares of the company's stock after acquiring an additional 20,870 shares during the period. Focus Partners Wealth's holdings in CrowdStrike were worth $12,678,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the period. Jennison Associates LLC boosted its stake 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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 buying an additional 955,529 shares during the period. Goldman Sachs Group Inc. increased its position in shares of CrowdStrike by 39.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after acquiring an additional 760,222 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of 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 acquiring an additional 352,473 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Up 0.6%

NASDAQ CRWD opened at $436.10 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 52 week low of $256.00 and a 52 week high of $517.98. The stock has a market capitalization of $109.44 billion, a PE ratio of -366.47, a price-to-earnings-growth ratio of 135.63 and a beta of 1.12. The firm has a 50 day moving average of $445.98 and a two-hundred day moving average of $426.94.

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, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company's revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $500.00 price objective on shares of CrowdStrike in a research report on Wednesday, June 4th. Stephens raised their price target on CrowdStrike from $450.00 to $540.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. BMO Capital Markets set a $450.00 price objective on CrowdStrike in a report on Thursday, August 28th. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. Finally, Stifel Nicolaus lifted their target price on CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $460.10.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 11,527 shares of the stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $471.20, for a total value of $5,431,522.40. Following the transaction, the president owned 410,677 shares in the company, valued at approximately $193,511,002.40. This represents a 2.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 143,734 shares of company stock worth $67,337,728. Corporate 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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