CrowdStrike $CRWD Shares Sold by Blue Trust Inc.

Key Points

• Blue Trust Inc. has reduced its holdings in CrowdStrike by 52.0%, ending up with 608 shares worth approximately $310,000 after selling 659 shares in the second quarter.
• Major hedge funds, including Vanguard and Goldman Sachs, have increased their positions in CrowdStrike, indicating strong institutional interest despite Blue Trust's sell-off.
• Despite recent changes in analyst ratings, with targets ranging from $343.00 to $515.00, CrowdStrike maintains an average rating of "Moderate Buy" and a consensus price target of $494.02.

Blue Trust Inc. trimmed its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 52.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 608 shares of the company's stock after selling 659 shares during the period. Blue Trust Inc.'s holdings in CrowdStrike were worth $310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the period. Jennison Associates LLC grew its position in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in CrowdStrike by 52.6% during the 1st 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 purchasing an additional 955,529 shares during the period. Goldman Sachs Group Inc. grew its position in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock worth $939,747,000 after purchasing an additional 760,222 shares during the period. Finally, Invesco Ltd. grew its position in CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock worth $883,713,000 after purchasing an additional 352,473 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CRWD has been the topic of several analyst reports. BTIG Research reaffirmed a "buy" rating and set a $489.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Mizuho increased their price target on CrowdStrike from $430.00 to $450.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 17th. DA Davidson increased their price target on CrowdStrike from $490.00 to $515.00 and gave the stock a "buy" rating in a research report on Thursday, September 18th. DZ Bank downgraded CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 price target on the stock. in a research report on Wednesday, September 24th. Finally, Sanford C. Bernstein cut their price target on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $494.02.

CrowdStrike Trading Down 3.9%

CRWD stock opened at $488.94 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The stock has a market cap of $122.70 billion, a price-to-earnings ratio of -410.87, a PEG ratio of 119.52 and a beta of 1.19. The business's 50-day moving average is $452.06 and its 200 day moving average is $446.31.

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. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business's revenue was up 21.4% on a year-over-year basis. During the same period last year, the company posted $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. On average, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other news, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total transaction of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company's stock, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 155,743 shares of company stock worth $74,348,319. 3.32% of the stock is owned by company insiders.

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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