CrowdStrike $CRWD Stake Boosted by High Note Wealth LLC

Key Points

• High Note Wealth LLC significantly increased its stake in CrowdStrike by 7,287%, acquiring 5,097 shares valued at approximately $2.6 million in the second quarter.
• CrowdStrike's recent earnings report showed a profit of $0.93 per share, exceeding estimates, with revenues of $1.17 billion, marking a 21.4% increase year-over-year.
• Analyst ratings for CrowdStrike are largely positive, with one Strong Buy, twenty-eight Buy, and two Sell ratings, alongside a consensus price target of $487.11.

High Note Wealth LLC boosted its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 7,287.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,097 shares of the company's stock after purchasing an additional 5,028 shares during the quarter. High Note Wealth LLC's holdings in CrowdStrike were worth $2,596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of CRWD. Patron Partners LLC lifted its holdings in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company's stock valued at $548,000 after purchasing an additional 22 shares in the last quarter. Real Talk Capital LLC grew its holdings in shares of CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock valued at $963,000 after acquiring an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after acquiring an additional 25 shares in the last quarter. Close Asset Management Ltd boosted its position in CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. boosted its position in CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after purchasing an additional 25 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. UBS Group lowered their price target on CrowdStrike from $545.00 to $500.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. Robert W. Baird boosted their target price on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a "neutral" rating in a research report on Friday, September 19th. JMP Securities raised their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a "market outperform" rating in a report on Tuesday, September 23rd. KeyCorp lifted their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the company an "overweight" rating in a research note on Thursday, September 18th. Finally, Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $487.11.

CrowdStrike Stock Performance

CRWD opened at $495.95 on Tuesday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock's 50 day moving average price is $446.69 and its two-hundred day moving average price is $441.44. The firm has a market capitalization of $124.46 billion, a P/E ratio of -416.76, a price-to-earnings-growth ratio of 115.12 and a beta of 1.19. CrowdStrike has a 12-month low of $285.79 and a 12-month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 earnings per share. 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 analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO Anurag Saha sold 1,762 shares of the business's stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total transaction of $850,006.42. Following the transaction, the chief accounting officer owned 37,255 shares in the company, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares of the company's stock, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 132,816 shares of company stock worth $62,606,356. 3.32% of the stock is currently owned by corporate insiders.

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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