Cyndeo Wealth Partners LLC Has $1.84 Million Stake in CrowdStrike $CRWD

Key Points

• Cyndeo Wealth Partners LLC has increased its stake in CrowdStrike by 174.5%, owning 3,618 shares valued at approximately $1.84 million as of the latest SEC filing.
• Other major investors like Vanguard Group, Jennison Associates, and Goldman Sachs have also raised their positions in CrowdStrike, indicating strong institutional interest in the stock.
• CrowdStrike recently reported earnings of $0.93 per share, exceeding expectations and demonstrating a year-over-year revenue growth of 21.4%.

Cyndeo Wealth Partners LLC lifted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 174.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,618 shares of the company's stock after buying an additional 2,300 shares during the quarter. Cyndeo Wealth Partners LLC's holdings in CrowdStrike were worth $1,843,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock worth $8,051,011,000 after buying an additional 908,554 shares during the period. Jennison Associates LLC lifted its stake in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after acquiring an additional 955,529 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after acquiring an additional 760,222 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock worth $883,713,000 after purchasing an additional 352,473 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 157,816 shares of company stock valued at $75,331,356 over the last ninety days. Insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

CRWD opened at $493.66 on Friday. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $450.04 and a two-hundred day simple moving average of $443.90. The company has a market cap of $123.89 billion, a price-to-earnings ratio of -414.84, a price-to-earnings-growth ratio of 119.64 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company earned $1.04 earnings per share. 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. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research reports. Roth Capital restated a "buy" rating and issued a $510.00 price objective (up from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Wedbush reaffirmed a "buy" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Macquarie upped their target price on CrowdStrike from $465.00 to $485.00 and gave the stock a "neutral" rating in a research note on Friday, September 19th. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $493.33.

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.

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