EverSource Wealth Advisors LLC Buys 679 Shares of CrowdStrike $CRWD

Key Points

• EverSource Wealth Advisors LLC increased its position in CrowdStrike by 4.1%, acquiring a total of 17,364 shares valued at approximately $6.12 million.
• Insider trading saw CrowdStrike's CFO and CEO sell over $24 million worth of shares recently, with the CFO reducing their ownership by 4.89% and the CEO by 1.94%.
• Despite strong earnings metrics, analysts have mixed ratings on CrowdStrike, with the stock receiving a consensus price target of $461.17 and varying opinions on its growth potential.

EverSource Wealth Advisors LLC raised its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 4.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,364 shares of the company's stock after purchasing an additional 679 shares during the period. EverSource Wealth Advisors LLC's holdings in CrowdStrike were worth $6,122,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike in the 1st quarter worth about $25,000. Vision Financial Markets LLC purchased a new stake in CrowdStrike in the first quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after acquiring an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. grew its position in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after acquiring an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike during the first quarter worth approximately $30,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD traded down $7.5040 during trading on Tuesday, hitting $418.8360. The company's stock had a trading volume of 1,270,293 shares, compared to its average volume of 3,694,100. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market cap of $104.39 billion, a price-to-earnings ratio of -608.11 and a beta of 1.13. The company has a 50-day moving average of $472.03 and a 200-day moving average of $427.40. CrowdStrike has a 12 month low of $242.25 and a 12 month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.11 billion. During the same period last year, the firm earned $0.93 earnings per share. The company'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. On average, sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CRWD shares. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research note on Thursday, June 5th. Wells Fargo & Company lifted their price objective on CrowdStrike from $430.00 to $550.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. The Goldman Sachs Group increased their target price on CrowdStrike from $389.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Cantor Fitzgerald raised their price target on CrowdStrike from $440.00 to $475.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. Finally, Oppenheimer boosted their price objective on CrowdStrike from $410.00 to $520.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Twenty-six investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and an average target price of $460.81.

Insider Activity

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Friday, August 1st. The stock was sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the completion of the sale, the director directly owned 774,761 shares in the company, valued at approximately $346,387,895.49. This trade represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the sale, the director directly owned 18,858 shares of the company's stock, valued at $9,667,553.70. This represents a 33.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 214,414 shares of company stock worth $101,484,738. 3.32% of the stock is owned by insiders.

CrowdStrike 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.