Fifth Third Wealth Advisors LLC Purchases 788 Shares of CrowdStrike $CRWD

Key Points

• Fifth Third Wealth Advisors LLC increased its position in CrowdStrike by 5.1% in Q2, now holding 16,243 shares worth approximately $8.27 million.
• Insider transactions included sales by Director Sameer K. Gandhi and CEO George Kurtz, with totals of approximately $2.56 million and $8.82 million, respectively.
• CrowdStrike's recent earnings report showed a year-over-year revenue increase of 21.4%, with the company guiding for a FY 2026 EPS between 3.600 and 3.720.

Fifth Third Wealth Advisors LLC boosted its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 5.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,243 shares of the company's stock after purchasing an additional 788 shares during the quarter. Fifth Third Wealth Advisors LLC's holdings in CrowdStrike were worth $8,273,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. increased its stake in shares of CrowdStrike by 20.4% during the first quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock valued at $447,000 after purchasing an additional 215 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of CrowdStrike by 4.6% during the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock valued at $783,000 after purchasing an additional 98 shares in the last quarter. Geneos Wealth Management Inc. increased its position in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company's stock valued at $8,483,000 after buying an additional 5,998 shares in the last quarter. Benchmark Investment Advisors LLC increased its position in CrowdStrike by 90.8% during the 1st quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company's stock valued at $3,613,000 after buying an additional 4,877 shares in the last quarter. Finally, CX Institutional bought a new position in CrowdStrike during the 1st quarter valued at approximately $175,000. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated 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 sale, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the business's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the sale, the chief executive officer owned 2,115,057 shares of the company's stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 157,816 shares of company stock worth $75,331,356. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Trading Down 3.0%

NASDAQ:CRWD opened at $493.66 on Friday. 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 has a 12 month low of $294.68 and a 12 month high of $517.98. The company has a market cap of $123.89 billion, a PE ratio of -414.84, a price-to-earnings-growth ratio of 119.64 and a beta of 1.19. The company has a 50 day simple moving average of $450.04 and a two-hundred day simple moving average of $443.90.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The firm'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 forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

CRWD has been the subject of a number of analyst reports. Zacks Research raised CrowdStrike from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Weiss Ratings restated a "sell (d)" rating on shares of CrowdStrike in a report on Wednesday. Piper Sandler reduced their price target on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. KeyCorp raised their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the company an "overweight" rating in a research note on Thursday, September 18th. Finally, Guggenheim restated a "neutral" rating on shares of CrowdStrike in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $493.33.

CrowdStrike Company 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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