CrowdStrike $CRWD Shares Purchased by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors LLC increased its stake in CrowdStrike by 62.6%, purchasing an additional 3,547 shares to own a total of 9,215 shares valued at approximately $4.69 million.
• Insider trades showed significant sales, with Director Sameer K. Gandhi selling 6,250 shares and CEO George Kurtz disposing of 42,267 shares, indicating a decrease in their ownership positions in the company.
• Analyst ratings have varied, with some firms adjusting their price targets; JMP Securities set a target of $500, while UBS reduced its to $500 as well, reflecting varying confidence in CrowdStrike's market performance.

Farther Finance Advisors LLC grew its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 62.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,215 shares of the company's stock after purchasing an additional 3,547 shares during the period. Farther Finance Advisors LLC's holdings in CrowdStrike were worth $4,693,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Real Talk Capital LLC lifted its stake in CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after purchasing an additional 24 shares in the last quarter. Tradewinds Capital Management LLC increased its position in shares of CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after acquiring an additional 25 shares during the period. Close Asset Management Ltd increased its position in shares of CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after acquiring an additional 25 shares during the period. Ramirez Asset Management Inc. increased its position in shares of CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after acquiring an additional 25 shares during the period. Finally, Cladis Investment Advisory LLC increased its position in shares of CrowdStrike by 1.5% during the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company's stock worth $593,000 after acquiring an additional 25 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded down $8.64 during midday trading on Tuesday, reaching $484.50. 1,722,482 shares of the company were exchanged, compared to its average volume of 3,719,336. CrowdStrike has a 1 year low of $272.67 and a 1 year high of $517.98. The stock has a fifty day simple moving average of $443.28 and a 200 day simple moving average of $431.86. The stock has a market cap of $121.59 billion, a P/E ratio of -407.14, a PEG ratio of 120.33 and a beta of 1.12. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company earned $1.04 EPS. The firm's revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other news, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the sale, the director directly owned 18,858 shares in the company, valued at approximately $9,667,553.70. This trade represents a 33.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total transaction of $983,037.33. Following the sale, the director owned 81,383 shares of the company's stock, valued at approximately $38,592,632.43. The trade was a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 99,973 shares of company stock worth $46,586,987. 3.32% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent research reports. Wells Fargo & Company upped their price objective on CrowdStrike from $430.00 to $550.00 and gave the stock an "overweight" rating in a research report on Monday, June 2nd. Mizuho increased their target price on CrowdStrike from $430.00 to $450.00 and gave the company a "neutral" rating in a report on Wednesday, September 17th. Barclays increased their target price on CrowdStrike from $500.00 to $515.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. BMO Capital Markets increased their target price on CrowdStrike from $450.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, September 18th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $490.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and twenty have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $477.21.

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.