DLK Investment Management LLC Takes $378,000 Position in CrowdStrike $CRWD

Key Points

• DLK Investment Management LLC has acquired a new position in CrowdStrike, purchasing 743 shares for approximately $378,000 in the second quarter.
• Insider sales included CFO Burt W. Podbere selling 11,883 shares for over $5.4 million, decreasing his ownership by 4.89%.
• CrowdStrike recently reported a quarterly earnings per share of $0.93, surpassing estimates, and forecasted FY 2026 EPS guidance between 3.600-3.720.

DLK Investment Management LLC acquired a new position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 743 shares of the company's stock, valued at approximately $378,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% in the 1st 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 in the last quarter. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of 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 during the period. Finally, Neo Ivy Capital Management acquired a new position in shares of CrowdStrike in the first quarter valued at approximately $30,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's 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 sale, 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. Insiders have sold a total of 143,734 shares of company stock valued at $67,337,728 over the last three months. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Up 0.0%

Shares of CrowdStrike stock opened at $444.98 on Wednesday. The company has a market cap of $111.67 billion, a P/E ratio of -373.93, a PEG ratio of 139.20 and a beta of 1.12. The firm has a fifty day moving average of $443.51 and a two-hundred day moving average of $427.99. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a one year low of $263.45 and a one year 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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts' expectations of $1.15 billion. During the same period in the prior year, the company posted $1.04 earnings per share. The firm's revenue for the quarter 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. On average, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Thursday, August 28th. UBS Group reduced their price objective on CrowdStrike from $545.00 to $500.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. Rosenblatt Securities lowered their price objective on CrowdStrike from $515.00 to $490.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. Roth Capital lifted their price target on shares of CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Finally, Oppenheimer reissued an "outperform" rating and issued a $520.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $460.10.

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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