CrowdStrike $CRWD Shares Purchased by Kestra Investment Management LLC

Key Points

• Kestra Investment Management LLC increased its stake in CrowdStrike by 202.1% in Q1, acquiring 1,726 additional shares, making its total holdings worth approximately $910,000.
• Several major institutional investors, including Vanguard Group and Goldman Sachs, also boosted their positions in CrowdStrike, reflecting a strong interest in the stock among hedge funds and institutional investors.
• CrowdStrike reported an EPS of $0.93 for the latest quarter, exceeding analyst expectations, with a revenue of $1.17 billion and a year-over-year growth of 21.4%.

Kestra Investment Management LLC grew its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 202.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,580 shares of the company's stock after acquiring an additional 1,726 shares during the period. Kestra Investment Management LLC's holdings in CrowdStrike were worth $910,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Resources Management Corp CT ADV boosted its holdings in shares of CrowdStrike by 0.7% in the 1st quarter. Resources Management Corp CT ADV now owns 13,621 shares of the company's stock valued at $4,803,000 after buying an additional 89 shares during the period. UniSuper Management Pty Ltd lifted its position in shares of CrowdStrike by 10.5% in the 1st quarter. UniSuper Management Pty Ltd now owns 49,302 shares of the company's stock valued at $17,383,000 after acquiring an additional 4,700 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its stake in CrowdStrike by 13.1% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 58,555 shares of the company's stock valued at $20,645,000 after buying an additional 6,797 shares during the period. NewEdge Advisors LLC increased its stake in CrowdStrike by 107.4% in the 1st quarter. NewEdge Advisors LLC now owns 42,950 shares of the company's stock valued at $15,143,000 after buying an additional 22,241 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in CrowdStrike by 8.8% in the first quarter. Integrated Wealth Concepts LLC now owns 22,864 shares of the company's stock worth $8,061,000 after acquiring an additional 1,840 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on CRWD. Royal Bank Of Canada set a $510.00 target price on shares of CrowdStrike and gave the company an "outperform" rating in a research note on Thursday, August 28th. Sanford C. Bernstein reduced their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a research note on Thursday, August 28th. Barclays set a $500.00 price objective on shares of CrowdStrike in a report on Tuesday, June 3rd. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, UBS Group reduced their price objective on shares of CrowdStrike from $545.00 to $500.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $460.10.

CrowdStrike Price Performance

NASDAQ CRWD traded up $1.36 during trading hours on Wednesday, hitting $424.87. The company had a trading volume of 2,270,678 shares, compared to its average volume of 3,692,398. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The firm has a 50 day simple moving average of $450.57 and a 200 day simple moving average of $426.27. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market capitalization of $106.62 billion, a price-to-earnings ratio of -357.03, a PEG ratio of 133.97 and a beta of 1.12.

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 analysts' consensus estimates 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 company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the company posted $1.04 EPS. CrowdStrike'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 research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other news, Director Johanna Flower sold 2,073 shares of the stock in a transaction that occurred 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 sale, the director directly owned 81,383 shares in the company, valued at approximately $38,592,632.43. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction on 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 transaction, the director owned 18,858 shares in the company, valued at $9,667,553.70. This represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 153,734 shares of company stock valued at $72,162,728 in the last 90 days. 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.