Union Bancaire Privee UBP SA Has $2.27 Million Stock Position in CrowdStrike $CRWD

Key Points

• Union Bancaire Privee UBP SA significantly increased its stake in CrowdStrike by 2,372.2% in Q2, acquiring 4,270 additional shares, bringing its total holdings to approximately $2.27 million.
• Institutional investors and hedge funds own 71.16% of CrowdStrike's stock, indicating strong institutional interest in the cybersecurity company.
• Analysts are optimistic about CrowdStrike, with a consensus price target of $484.95 and prevailing ratings ranging from "Hold" to "Buy."

Union Bancaire Privee UBP SA lifted its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 2,372.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,450 shares of the company's stock after buying an additional 4,270 shares during the period. Union Bancaire Privee UBP SA's holdings in CrowdStrike were worth $2,266,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Chicago Capital LLC bought a new stake in shares of CrowdStrike in the second quarter valued at about $398,000. Trivium Point Advisory LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $238,000. Eagle Wealth Strategies LLC lifted its stake in shares of CrowdStrike by 4.1% in the 2nd quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company's stock valued at $321,000 after acquiring an additional 25 shares during the last quarter. Greenleaf Trust raised its position in CrowdStrike by 3.8% during the 2nd quarter. Greenleaf Trust now owns 3,594 shares of the company's stock worth $1,830,000 after purchasing an additional 131 shares during the last quarter. Finally, Mattern Wealth Management LLC bought a new position in CrowdStrike during the 2nd quarter worth $252,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction that occurred on 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 transaction, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,762 shares of the stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total transaction of $850,006.42. Following the completion of the sale, the chief accounting officer owned 37,255 shares in the company, valued at $17,972,184.55. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,066 shares of company stock valued at $55,809,043 over the last three months. Company insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on CrowdStrike from $430.00 to $435.00 and gave the stock a "hold" rating in a report on Thursday, September 18th. DA Davidson lifted their target price on shares of CrowdStrike from $490.00 to $515.00 and gave the stock a "buy" rating in a research report on Thursday, September 18th. Capital One Financial lifted their target price on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an "overweight" rating in a research report on Thursday, September 18th. Robert W. Baird lifted their price target on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a "neutral" rating in a report on Friday, September 19th. Finally, Morgan Stanley boosted their target price on shares of CrowdStrike from $460.00 to $475.00 and gave the company an "equal weight" rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus price target of $484.95.

CrowdStrike Trading Up 0.6%

NASDAQ:CRWD traded up $2.84 during mid-day trading on Wednesday, hitting $493.22. 394,276 shares of the stock traded hands, compared to its average volume of 3,670,743. The stock has a market capitalization of $123.78 billion, a price-to-earnings ratio of -415.56, a PEG ratio of 114.78 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 $274.86 and a 52 week high of $517.98. The firm's 50 day moving average is $444.31 and its two-hundred day moving average is $437.34.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the previous year, the company earned $1.04 EPS. The firm's quarterly revenue 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 predict that CrowdStrike will post 0.55 earnings per share for the current year.

About CrowdStrike

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.