CrowdStrike $CRWD Shares Sold by Sands Capital Ventures LLC

Key Points

• Sands Capital Ventures LLC reduced its stake in CrowdStrike by 9.0%, selling 1,540 shares, and now holds 15,560 shares valued at approximately $5.5 million.
• Several analysts have raised their price targets for CrowdStrike, with Jefferies Financial Group increasing its target from $520 to $530 while maintaining a "buy" rating.
• CrowdStrike reported a quarterly EPS of $0.73, exceeding expectations, with guidance for FY 2026 set at $3.440-$3.560 EPS.

Sands Capital Ventures LLC lessened its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 9.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,560 shares of the company's stock after selling 1,540 shares during the quarter. CrowdStrike accounts for about 1.3% of Sands Capital Ventures LLC's investment portfolio, making the stock its 12th largest holding. Sands Capital Ventures LLC's holdings in CrowdStrike were worth $5,486,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike during the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike in the first quarter valued at $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CRWD shares. Jefferies Financial Group boosted their target price on shares of CrowdStrike from $520.00 to $530.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Wells Fargo & Company upped their price objective on CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. Raymond James Financial reaffirmed an "outperform" rating and set a $485.00 target price (up previously from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Royal Bank Of Canada boosted their price target on CrowdStrike from $500.00 to $510.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, Citigroup reissued an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $460.81.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $419.17 on Thursday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The business's 50-day moving average price is $469.89 and its 200 day moving average price is $427.29. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98. The firm has a market cap of $104.48 billion, a P/E ratio of -607.49 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The firm's quarterly revenue was up 19.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. As a group, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was 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 of the company's stock, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 25,000 shares of the stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total value of $11,925,000.00. Following the completion of the sale, the president directly owned 422,204 shares of the company's stock, valued at approximately $201,391,308. This represents a 5.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 214,414 shares of company stock valued at $101,484,738 in the last ninety days. Company 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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