Estate Counselors LLC Purchases New Shares in CrowdStrike $CRWD

Key Points

• Estate Counselors LLC has taken a new position in CrowdStrike by purchasing 10,210 shares valued at approximately $3.6 million.
• CrowdStrike's latest quarterly earnings revealed an EPS of $0.73, exceeding analysts' expectations, with revenues of $1.1 billion for the quarter.
• Insider trading activity saw President Michael Sentonas and CFO Burt W. Podbere selling shares, with Sentonas offloading 25,000 shares for about $11.9 million.

Estate Counselors LLC acquired a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 10,210 shares of the company's stock, valued at approximately $3,600,000.

A number of other institutional investors have also recently bought and sold shares of the business. Cloud Capital Management LLC bought a new position in shares of CrowdStrike during the 1st quarter worth $25,000. Atlantic Edge Private Wealth Management LLC grew its stake 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 worth $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC bought a new position in shares of CrowdStrike during the 1st quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake 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 worth $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management bought a new position in shares of CrowdStrike during the 1st quarter worth $30,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD traded up $6.49 during trading hours on Friday, reaching $420.55. 2,196,622 shares of the stock traded hands, compared to its average volume of 2,611,488. The company has a market capitalization of $104.82 billion, a P/E ratio of -609.49 and a beta of 1.13. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98. The company's 50-day simple moving average is $467.34 and its two-hundred day simple moving average is $427.49.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same period last year, the firm posted $0.93 EPS. CrowdStrike's revenue for the quarter was up 19.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. Equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In related news, Director Denis Oleary sold 15,680 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $468.93, for a total transaction of $7,352,822.40. Following the transaction, the director directly owned 36,906 shares in the company, valued at $17,306,330.58. This trade represents a 29.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 214,414 shares of company stock worth $101,484,738 over the last quarter. Company insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Citigroup reiterated an "outperform" rating on shares of CrowdStrike in a research note on Monday, May 5th. Morgan Stanley reissued an "equal weight" rating and set a $495.00 price objective (up previously from $490.00) on shares of CrowdStrike in a report on Monday, July 14th. Royal Bank Of Canada increased their price objective on CrowdStrike from $500.00 to $510.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. DA Davidson raised their price target on CrowdStrike from $415.00 to $530.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Finally, Wells Fargo & Company raised their price target on CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. Twenty-six analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $460.81.

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.