CrowdStrike $CRWD Shares Sold by Accurate Wealth Management LLC

Key Points

• Accurate Wealth Management LLC reduced its stake in CrowdStrike by 52.2%, now owning 909 shares valued at approximately $443,000 after selling 994 shares in the second quarter.
• Insider activity included significant sales by President Michael Sentonas and CEO George Kurtz, with a total of 129,066 shares sold in the last three months, collectively valued at nearly $61 million.
• Several analysts have raised their target prices for CrowdStrike, with Truist Financial setting a new target at $550.00, indicating increased analyst confidence in the stock.

Accurate Wealth Management LLC decreased its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 52.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 909 shares of the company's stock after selling 994 shares during the period. Accurate Wealth Management LLC's holdings in CrowdStrike were worth $443,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Real Talk Capital LLC raised its holdings in shares of CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after purchasing an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after purchasing an additional 25 shares in the last quarter. Close Asset Management Ltd raised its holdings in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after purchasing an additional 25 shares in the last quarter. Ramirez Asset Management Inc. raised its holdings in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after purchasing an additional 25 shares in the last quarter. Finally, Cladis Investment Advisory LLC raised its holdings in shares of CrowdStrike by 1.5% in the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company's stock worth $593,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

Insider Activity

In related news, President Michael Sentonas sold 11,561 shares of the business's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the transaction, the president directly owned 399,116 shares of the company's stock, valued at approximately $197,837,810.04. The trade was a 2.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 129,066 shares of company stock valued at $60,934,078 in the last three months. 3.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Truist Financial boosted their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday, September 18th. Capital One Financial boosted their target price on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Needham & Company LLC lifted their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a "buy" rating in a research report on Thursday, September 18th. Canaccord Genuity Group lifted their target price on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a "hold" rating in a research report on Monday. Finally, New Street Research set a $460.00 target price on shares of CrowdStrike in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $483.79.

CrowdStrike Stock Performance

Shares of CRWD opened at $473.09 on Friday. The company's 50 day moving average price is $443.68 and its 200 day moving average price is $433.66. CrowdStrike has a 52 week low of $272.67 and a 52 week high of $517.98. The company has a market capitalization of $118.73 billion, a PE ratio of -397.55, a PEG ratio of 111.93 and a beta of 1.12. 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 data 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 for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The firm's revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.

Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike (NASDAQ:CRWD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.