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Curbstone Financial Management Corp Buys Shares of 1,088 CrowdStrike $CRWD

CrowdStrike logo with Computer and Technology background

Key Points

  • Curbstone Financial Management Corp has acquired 1,088 shares of CrowdStrike, valued at approximately $554,000, indicating growing institutional interest in the stock.
  • CrowdStrike reported a quarterly earnings of $0.93 EPS, exceeding expectations, with revenue of $1.17 billion, up 21.4% year-over-year.
  • Analysts have a consensus rating of "Moderate Buy" for CrowdStrike, with a price target averaging $494.95.
  • MarketBeat previews the top five stocks to own by November 1st.

Curbstone Financial Management Corp bought a new stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,088 shares of the company's stock, valued at approximately $554,000.

Other large investors have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC boosted its position in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares in the last quarter. Vision Financial Markets LLC bought a new position in shares of CrowdStrike during the 1st quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of CrowdStrike during the 1st quarter valued at about $30,000. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Stock Performance

CRWD stock opened at $484.65 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market cap of $121.63 billion, a P/E ratio of -407.27, a P/E/G ratio of 113.89 and a beta of 1.19. The firm has a 50 day simple moving average of $455.15 and a 200 day simple moving average of $448.87. CrowdStrike has a 52 week low of $294.68 and a 52 week high of $517.98.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CRWD. The Goldman Sachs Group raised their price objective on shares of CrowdStrike from $492.00 to $535.00 and gave the company a "buy" rating in a research report on Friday, September 19th. UBS Group reduced their price objective on shares of CrowdStrike from $545.00 to $500.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. Wedbush restated a "buy" rating on shares of CrowdStrike in a research report on Thursday, August 28th. DZ Bank cut shares of CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 target price for the company. in a report on Wednesday, September 24th. Finally, New Street Research set a $460.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $494.95.

Read Our Latest Stock Report on CRWD

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 17,830 shares of the firm's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the sale, the president owned 354,116 shares of the company's stock, valued at approximately $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock valued at $75,500,649 in the last 90 days. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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