Integrated Wealth Concepts LLC Purchases 1,840 Shares of CrowdStrike $CRWD

Key Points

• Integrated Wealth Concepts LLC increased its holdings in CrowdStrike by 8.8%, owning 22,864 shares valued at approximately $8.06 million as of the latest SEC filing.
• Several institutional investors, including Brighton Jones LLC and Deutsche Bank AG, have significantly raised their stakes in CrowdStrike, indicating strong institutional interest with around 71.16% of the stock held by institutions.
• Analysts have varying perspectives on CrowdStrike, with Zacks Research upgrading it to a "strong-buy" rating while setting an average target price of $460.10, reflecting a balanced market outlook.

Integrated Wealth Concepts LLC boosted its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 8.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 22,864 shares of the company's stock after purchasing an additional 1,840 shares during the quarter. Integrated Wealth Concepts LLC's holdings in CrowdStrike were worth $8,061,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Cloud Capital Management LLC bought a new position in shares of CrowdStrike in the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of 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 in the last quarter. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the first quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of 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 in the last quarter. 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.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CRWD. Cantor Fitzgerald reissued an "overweight" rating and issued a $475.00 target price on shares of CrowdStrike in a report on Tuesday, August 26th. Mizuho cut their target price on shares of CrowdStrike from $450.00 to $430.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. Barclays set a $500.00 target price on shares of CrowdStrike in a report on Tuesday, June 3rd. Cfra reissued a "hold" rating and issued a $555.00 target price (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Finally, Rosenblatt Securities cut their target price on shares of CrowdStrike from $515.00 to $490.00 and set a "buy" rating for the company in a report 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 issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $460.10.

CrowdStrike Trading Up 0.8%

Shares of NASDAQ:CRWD traded up $3.43 on Wednesday, hitting $426.94. 1,125,166 shares of the company's stock were exchanged, compared to its average volume of 3,688,338. CrowdStrike has a 12 month low of $242.25 and a 12 month high of $517.98. The stock has a market capitalization of $107.14 billion, a price-to-earnings ratio of -359.37, a price-to-earnings-growth ratio of 133.97 and a beta of 1.12. The business's 50 day simple moving average is $450.57 and its two-hundred day simple moving average is $426.27. 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 (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 return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company earned $1.04 earnings per share. The business'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. Analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director directly owned 81,383 shares in the company, valued at $38,592,632.43. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the sale, the director owned 18,858 shares of the company's stock, valued at $9,667,553.70. The trade was a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 153,734 shares of company stock valued at $72,162,728. 3.32% of the stock is owned by company insiders.

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.