Financial Advisory Partners LLC Acquires New Position in CrowdStrike $CRWD

Key Points

• Financial Advisory Partners LLC has acquired a new stake in CrowdStrike, purchasing 500 shares valued at approximately $255,000 in the second quarter.
• As of now, approximately 71.16% of CrowdStrike's stock is owned by institutional investors and hedge funds.
• Analysts have a consensus rating of "Moderate Buy" for CrowdStrike, with an average price target of $473.85.

Financial Advisory Partners LLC bought a new stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 500 shares of the company's stock, valued at approximately $255,000.

Other large investors have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter valued at $25,000. Vision Financial Markets LLC acquired a new position in CrowdStrike during the 1st quarter valued at $26,000. Atlantic Edge Private Wealth Management LLC raised its stake in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its stake in CrowdStrike by 305.3% during the 1st 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 last quarter. Finally, Neo Ivy Capital Management acquired a new position in CrowdStrike during the 1st quarter valued at $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CRWD shares. New Street Research set a $460.00 target price on shares of CrowdStrike in a research note on Thursday, August 28th. Oppenheimer reaffirmed an "outperform" rating and set a $520.00 price objective on shares of CrowdStrike in a report on Thursday, August 28th. Bank of America reaffirmed a "neutral" rating and set a $470.00 price objective (up from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. KeyCorp raised their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Jefferies Financial Group raised their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a "buy" rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $473.85.

CrowdStrike Stock Down 0.0%

Shares of NASDAQ:CRWD opened at $502.55 on Monday. CrowdStrike has a one year low of $272.67 and a one year high of $517.98. The company has a 50 day moving average of $442.94 and a 200-day moving average of $430.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market cap of $126.12 billion, a price-to-earnings ratio of -422.31, a P/E/G ratio of 120.33 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 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 company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the previous year, the company earned $1.04 EPS. CrowdStrike'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. On average, sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other news, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred 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 sale, the director owned 768,511 shares of the company's stock, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,741 shares of company stock worth $47,456,437 over the last 90 days. Insiders own 3.32% of the company's stock.

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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