CrowdStrike $CRWD Shares Sold by RWQ Financial Management Services Inc.

Key Points

• RWQ Financial Management Services Inc. reduced its stake in CrowdStrike (CRWD) by 36.9%, owning 21,200 shares worth approximately $10.8 million after selling 12,422 shares.
• Notable institutional investors like Nuveen LLC and Goldman Sachs significantly increased their holdings in CrowdStrike during the first quarter, contributing to institutional ownership rising to 71.16%.
• CrowdStrike reported a quarterly earnings of $0.93 EPS, exceeding estimates, with revenue of $1.17 billion reflecting a 21.4% year-over-year growth.

RWQ Financial Management Services Inc. lowered its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 36.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,200 shares of the company's stock after selling 12,422 shares during the quarter. CrowdStrike accounts for 4.5% of RWQ Financial Management Services Inc.'s investment portfolio, making the stock its 11th biggest position. RWQ Financial Management Services Inc.'s holdings in CrowdStrike were worth $10,797,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in CrowdStrike in the 1st quarter valued at $595,766,000. Jennison Associates LLC increased its holdings in CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in CrowdStrike by 52.6% in 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 valued at $977,149,000 after purchasing an additional 955,529 shares in the last quarter. Vanguard Group Inc. increased its holdings in 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 purchasing an additional 908,554 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after purchasing an additional 760,222 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Analyst Ratings Changes

CRWD has been the subject of several recent research reports. New Street Research set a $460.00 price target on CrowdStrike in a report on Thursday, August 28th. Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a report on Thursday, September 18th. The Goldman Sachs Group increased their price target on CrowdStrike from $492.00 to $535.00 and gave the company a "buy" rating in a report on Friday, September 19th. Robert W. Baird increased their price target on CrowdStrike from $460.00 to $490.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Finally, Daiwa Capital Markets raised their target price on CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research note on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $494.95.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $484.65 on Friday. 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 has a one year low of $294.68 and a one year high of $517.98. The company's 50-day simple moving average is $455.15 and its 200-day simple moving average is $448.34. The stock has a market capitalization of $121.63 billion, a price-to-earnings ratio of -407.27, a PEG ratio of 113.32 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter last year, the company posted $1.04 earnings per share. The company'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 analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president owned 379,116 shares of the company's stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 value 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. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 158,090 shares of company stock worth $75,500,649. Insiders own 3.32% of the company's stock.

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.

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