CrowdStrike $CRWD Shares Sold by Roxbury Financial LLC

Key Points

• Roxbury Financial LLC dramatically reduced its stake in CrowdStrike by 93.9%, owning only 152 shares after selling 2,346 shares, with total holdings valued at $77,000.
• Insider sales included CEO George Kurtz selling 42,267 shares worth approximately $19 million, reducing his ownership by 1.94%.
• CrowdStrike reported $1.17 billion in revenue for the last quarter, a 21.4% increase year-over-year, and beat analysts' EPS estimates by $0.10.

Roxbury Financial LLC reduced its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 93.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152 shares of the company's stock after selling 2,346 shares during the period. Roxbury Financial LLC's holdings in CrowdStrike were worth $77,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Lazard Asset Management LLC grew its stake in CrowdStrike by 6.5% during the 4th quarter. Lazard Asset Management LLC now owns 6,919 shares of the company's stock valued at $2,367,000 after purchasing an additional 424 shares during the last quarter. Man Group plc grew its stake in CrowdStrike by 240.0% during the 4th quarter. Man Group plc now owns 59,661 shares of the company's stock valued at $20,414,000 after purchasing an additional 42,113 shares during the last quarter. Raiffeisen Bank International AG purchased a new stake in CrowdStrike during the 4th quarter valued at about $1,471,000. Finally, Silvercrest Asset Management Group LLC purchased a new stake in CrowdStrike during the 4th quarter valued at about $240,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In related 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 completion of the sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction that occurred 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 approximately $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 143,734 shares of company stock valued at $67,337,728. 3.32% of the stock is owned by insiders.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $436.10 on Friday. The business has a 50 day simple moving average of $445.98 and a two-hundred day simple moving average of $427.16. CrowdStrike has a 12 month low of $256.00 and a 12 month high of $517.98. The stock has a market capitalization of $109.44 billion, a P/E ratio of -366.47, a PEG ratio of 135.63 and a beta of 1.12. 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 announced its earnings results 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 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 analysts' expectations of $1.15 billion. During the same quarter in the prior year, the firm earned $1.04 earnings per share. The business's 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. As a group, analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on CRWD. Barclays set a $500.00 price target on CrowdStrike in a research note on Tuesday, June 3rd. DA Davidson lowered their target price on CrowdStrike from $530.00 to $490.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. Truist Financial restated a "buy" rating and issued a $500.00 target price (up previously from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Sanford C. Bernstein lowered their target price on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a research note on Thursday, August 28th. Finally, Canaccord Genuity Group lowered their target price on CrowdStrike from $475.00 to $430.00 and set a "hold" rating on the stock in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $460.10.

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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