CrowdStrike $CRWD Stock Position Decreased by MFA Wealth Advisors LLC

Key Points

• MFA Wealth Advisors LLC has reduced its stake in CrowdStrike by 9.0%, now holding 10,958 shares valued at approximately $5.58 million, representing 1.3% of its investment portfolio.
• The firm's recent quarterly earnings showed EPS of $0.93, exceeding analyst estimates, and revenues increased by 21.4% year-over-year to $1.17 billion.
• Analyst ratings for CrowdStrike are largely positive, with a strong majority recommending a buy; recent price targets range from $500 to $519.

MFA Wealth Advisors LLC lowered its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 9.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,958 shares of the company's stock after selling 1,081 shares during the period. CrowdStrike comprises about 1.3% of MFA Wealth Advisors LLC's investment portfolio, making the stock its 22nd biggest holding. MFA Wealth Advisors LLC's holdings in CrowdStrike were worth $5,581,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC lifted its stake in 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 buying an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new position in shares of CrowdStrike during the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike in the 1st quarter valued at about $30,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Performance

CrowdStrike stock opened at $493.14 on Tuesday. CrowdStrike has a fifty-two week low of $272.67 and a fifty-two week high of $517.98. The firm's 50 day simple moving average is $443.28 and its 200-day simple moving average is $431.86. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market cap of $123.76 billion, a P/E ratio of -414.40, a price-to-earnings-growth ratio of 120.33 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.04 EPS. The company's 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. As a group, equities research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Analysts Set New Price Targets

CRWD has been the subject of several recent analyst reports. Capital One Financial upped 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. Cantor Fitzgerald increased their price objective on CrowdStrike from $475.00 to $500.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research note on Thursday, August 28th. DZ Bank raised CrowdStrike from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. Finally, Barclays raised their price target on CrowdStrike from $500.00 to $515.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nineteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $476.41.

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, Director Roxanne S. Austin sold 15,000 shares of the stock in a transaction dated 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 completion of the sale, the director directly owned 18,858 shares of the company's stock, valued at approximately $9,385,060.86. This represents a 44.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 99,973 shares of company stock valued at $46,586,987 in the last ninety days. Company insiders own 3.32% of the company's stock.

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.

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