CW Advisors LLC Buys 9,475 Shares of CrowdStrike $CRWD

Key Points

• CW Advisors LLC significantly increased its stake in CrowdStrike by 663.1% in Q1, acquiring an additional 9,475 shares, bringing their total holdings to 10,904 shares valued at approximately $3.87 million.
• Several hedge funds also added to their positions, with Price T Rowe Associates Inc. increasing their stake by 23.0% to over 2.38 million shares valued at around $840.5 million.
• Insider trading activity includes Director Denis Oleary selling 15,680 shares for over $7.35 million, representing a 29.82% decrease in his position.

CW Advisors LLC increased its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 663.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,904 shares of the company's stock after buying an additional 9,475 shares during the quarter. CW Advisors LLC's holdings in CrowdStrike were worth $3,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike during the first quarter valued at $25,000. Vision Financial Markets LLC purchased a new position in CrowdStrike in the first quarter valued at about $26,000. Atlantic Edge Private Wealth Management LLC grew 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 purchasing an additional 40 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. grew its stake in CrowdStrike by 305.3% in the first 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 purchased a new position in CrowdStrike in the first quarter valued at about $30,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $447.09, for a total value of $2,794,312.50. Following the completion of the transaction, the director owned 774,761 shares in the company, valued at $346,387,895.49. The trade was a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 204,414 shares of company stock worth $96,794,738. 3.32% of the stock is currently owned by insiders.

CrowdStrike Stock Performance

CrowdStrike stock traded up $4.92 during trading hours on Wednesday, hitting $422.52. The stock had a trading volume of 3,731,801 shares, compared to its average volume of 3,660,387. The company has a 50-day moving average of $464.64 and a two-hundred day moving average of $427.52. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The company has a market cap of $105.31 billion, a PE ratio of -613.62 and a beta of 1.13. CrowdStrike has a fifty-two week low of $242.25 and a fifty-two week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.66 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.CrowdStrike's revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, equities research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on CRWD shares. Macquarie started coverage on CrowdStrike in a research note on Thursday, July 17th. They issued a "neutral" rating and a $465.00 target price on the stock. Roth Capital upped their price target on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. The Goldman Sachs Group upped their price target on CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Mizuho upped their price target on CrowdStrike from $425.00 to $450.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. Finally, Sanford C. Bernstein downgraded CrowdStrike from an "outperform" rating to a "market perform" rating and set a $371.00 price target for the company. in a research note on Friday, June 6th. Twenty-six research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $464.37.

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.