Teamwork Financial Advisors LLC Sells 1,384 Shares of CrowdStrike $CRWD

Key Points

• Teamwork Financial Advisors LLC reduced its stake in CrowdStrike by 11.2% in Q2, now holding 10,995 shares valued at approximately $5.6 million.
• Insider transactions showed significant selling, with Director Roxanne S. Austin selling 9,447 shares and CEO George Kurtz selling 42,267 shares, indicating a shift in ownership dynamics.
• CrowdStrike posted a quarterly earnings report showing $1.17 billion in revenue and an EPS of $0.93, surpassing analysts' estimates.

Teamwork Financial Advisors LLC decreased its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 11.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,995 shares of the company's stock after selling 1,384 shares during the period. CrowdStrike accounts for about 0.6% of Teamwork Financial Advisors LLC's holdings, making the stock its 29th biggest holding. Teamwork Financial Advisors LLC's holdings in CrowdStrike were worth $5,600,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CRWD. Brighton Jones LLC increased its stake in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after buying an additional 2,417 shares during the period. Lazard Asset Management LLC grew its stake in CrowdStrike by 6.5% during the fourth quarter. Lazard Asset Management LLC now owns 6,919 shares of the company's stock worth $2,367,000 after purchasing an additional 424 shares during the period. Man Group plc grew its stake in CrowdStrike by 240.0% during the fourth quarter. Man Group plc now owns 59,661 shares of the company's stock worth $20,414,000 after purchasing an additional 42,113 shares during the period. Raiffeisen Bank International AG acquired a new stake in CrowdStrike during the fourth quarter worth approximately $1,471,000. Finally, Silvercrest Asset Management Group LLC acquired a new stake in CrowdStrike during the fourth quarter worth approximately $240,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling

In other news, Director Roxanne S. Austin sold 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the transaction, the director owned 18,858 shares in the company, valued at $9,385,060.86. This trade represents a 44.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. This represents a 1.94% 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 currently owned by company insiders.

CrowdStrike Stock Up 0.6%

NASDAQ:CRWD traded up $2.72 on Friday, hitting $436.10. The stock had a trading volume of 2,762,125 shares, compared to its average volume of 3,213,070. The business's fifty day moving average is $445.98 and its 200 day moving average is $427.49. The company has a market cap of $109.44 billion, a PE ratio of -366.47, a P/E/G ratio of 136.48 and a beta of 1.12. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52 week low of $256.00 and a 52 week high of $517.98.

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, 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 company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the company earned $1.04 earnings per share. The company's revenue for the quarter was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

CRWD has been the subject of several recent analyst reports. Zacks Research raised CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Scotiabank decreased their target price on CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating for the company in a research note on Thursday, August 28th. New Street Research set a $460.00 target price on CrowdStrike in a research note on Thursday, August 28th. Roth Capital raised their target price on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Finally, Stephens increased their price target on CrowdStrike from $450.00 to $540.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $460.10.

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.