Lbp Am Sa Sells 15,422 Shares of CrowdStrike $CRWD

Key Points

• Lbp Am Sa has reduced its stake in CrowdStrike by 27.3%, selling 15,422 shares and now holding 41,141 shares valued at approximately $20.95 million.
• After reporting better-than-expected earnings with $0.93 EPS for the last quarter, CrowdStrike has set its FY 2026 EPS guidance between 3.600-3.720.
• Recent analyst upgrades have raised CrowdStrike's target price, with some firms issuing "buy" ratings and increasing targets up to $600.

Lbp Am Sa reduced its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 27.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,141 shares of the company's stock after selling 15,422 shares during the period. Lbp Am Sa's holdings in CrowdStrike were worth $20,954,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC grew its holdings in CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after acquiring an additional 2,417 shares during the period. Rothschild Investment LLC boosted its stake in CrowdStrike by 38.5% during the 1st quarter. Rothschild Investment LLC now owns 306 shares of the company's stock valued at $108,000 after purchasing an additional 85 shares during the last quarter. NBC Securities Inc. lifted its position in shares of CrowdStrike by 57,100.0% during the 1st quarter. NBC Securities Inc. now owns 2,288 shares of the company's stock worth $806,000 after buying an additional 2,284 shares in the last quarter. LVW Advisors LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth approximately $229,000. Finally, Merit Financial Group LLC raised its holdings in shares of CrowdStrike by 30.2% in the 1st quarter. Merit Financial Group LLC now owns 4,390 shares of the company's stock worth $1,548,000 after purchasing an additional 1,019 shares during the period. Institutional investors own 71.16% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on CRWD. Daiwa Capital Markets boosted their price target on shares of CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research report on Wednesday, September 24th. DZ Bank downgraded shares of CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 price objective for the company. in a research note on Wednesday, September 24th. BMO Capital Markets upped their price objective on shares of CrowdStrike from $450.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, September 18th. Canaccord Genuity Group increased their price target on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a "hold" rating in a research note on Monday, September 22nd. Finally, Bank of America restated a "neutral" rating and issued a $470.00 price objective (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $484.95.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the sale, the chief financial officer directly owned 231,130 shares of the company's stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 119,066 shares of company stock valued at $55,809,043. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Up 0.6%

CrowdStrike stock traded up $2.84 during midday trading on Wednesday, reaching $493.22. The stock had a trading volume of 394,276 shares, compared to its average volume of 3,670,743. The stock has a market capitalization of $123.78 billion, a P/E ratio of -415.56, a price-to-earnings-growth ratio of 114.78 and a beta of 1.12. CrowdStrike has a 1-year low of $274.86 and a 1-year high of $517.98. The firm's fifty day simple moving average is $444.31 and its 200-day simple moving average is $437.34. 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 posted 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 return on equity of 1.53% and a negative net margin of 6.84%.The firm's revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the firm 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, 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.