Focus Partners Advisor Solutions LLC Raises Stock Holdings in CrowdStrike $CRWD

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in CrowdStrike by 36.2%, acquiring an additional 613 shares, bringing its total holdings to 2,308 shares valued at approximately $814,000.
• Hedge funds and institutional investors currently own 71.16% of CrowdStrike, with significant purchases and position increases from firms such as First Financial Bankshares and Flputnam Investment Management Co.
• CrowdStrike's shares recently saw a positive earnings report, with a quarterly EPS of $0.93, exceeding estimates and indicating a 21.4% year-over-year revenue increase.

Focus Partners Advisor Solutions LLC grew its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 36.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,308 shares of the company's stock after buying an additional 613 shares during the period. Focus Partners Advisor Solutions LLC's holdings in CrowdStrike were worth $814,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Tradewinds Capital Management LLC raised its stake in CrowdStrike by 20.8% during the 1st 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 CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after purchasing an additional 25 shares during the last quarter. Ramirez Asset Management Inc. increased its position in CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after purchasing an additional 25 shares during the last quarter. Cladis Investment Advisory LLC boosted its stake in 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 buying an additional 25 shares during the period. Finally, Stratos Wealth Advisors LLC boosted its stake in CrowdStrike by 0.9% during the first quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company's stock worth $1,052,000 after buying an additional 26 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

NASDAQ CRWD traded up $5.17 during mid-day trading on Friday, hitting $417.63. The stock had a trading volume of 2,167,665 shares, compared to its average volume of 3,303,641. The firm's 50 day moving average is $453.56 and its 200 day moving average is $426.21. CrowdStrike has a twelve month low of $242.25 and a twelve month high of $517.98. 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 capitalization of $104.09 billion, a price-to-earnings ratio of -350.95, a PEG ratio of 130.70 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company's quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the company earned $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Denis Oleary sold 15,680 shares of the company's stock in a transaction 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 owned 36,906 shares of the company's stock, valued at $17,306,330.58. This represents a 29.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction 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 completion of the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 188,164 shares of company stock valued at $88,876,050 over the last three months. 3.32% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRWD. Canaccord Genuity Group lowered their target price on shares of CrowdStrike from $475.00 to $430.00 and set a "hold" rating for the company in a research note on Thursday, August 28th. Oppenheimer reissued an "outperform" rating and set a $520.00 target price on shares of CrowdStrike in a research note on Thursday, August 28th. DA Davidson decreased their price objective on CrowdStrike from $530.00 to $490.00 and set a "buy" rating for the company in a report on Thursday, August 28th. Piper Sandler decreased their price objective on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. Finally, Royal Bank Of Canada set a $510.00 target price on shares of CrowdStrike and gave the stock an "outperform" rating in a 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $460.10.

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.