GAMMA Investing LLC Buys 910 Shares of CrowdStrike $CRWD

Key Points

• GAMMA Investing LLC has increased its stake in CrowdStrike by 29.5%, owning a total of 3,992 shares worth approximately $2,033,000 after acquiring 910 shares in the second quarter.
• Several institutional investors have also increased their positions in CrowdStrike, with E Fund Management Hong Kong Co. Ltd. boosting its stake by 305.3% during the first quarter.
• Analysts have generally positive sentiment towards CrowdStrike, with recent target price upgrades from firms like Jefferies Financial Group and Wells Fargo, reflecting a consensus average target price of $476.41.

GAMMA Investing LLC boosted its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 29.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,992 shares of the company's stock after purchasing an additional 910 shares during the quarter. GAMMA Investing LLC's holdings in CrowdStrike were worth $2,033,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Cloud Capital Management LLC acquired a new position in CrowdStrike in the first quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC acquired a new position in CrowdStrike in the first quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management acquired a new position in CrowdStrike in the first quarter valued at about $30,000. Institutional investors own 71.16% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on CRWD. Jefferies Financial Group boosted their target price on CrowdStrike from $500.00 to $515.00 and gave the company a "buy" rating in a research note on Thursday. Wells Fargo & Company boosted their target price on CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. Truist Financial boosted their target price on CrowdStrike from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Zacks Research raised CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Finally, The Goldman Sachs Group upped their price objective on CrowdStrike from $492.00 to $535.00 and gave the stock a "buy" rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $476.41.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $493.14 on Tuesday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock's 50 day moving average price is $443.28 and its two-hundred day moving average price is $431.86. The firm has a market capitalization of $123.76 billion, a price-to-earnings ratio of -414.40, a P/E/G ratio of 120.33 and a beta of 1.12. CrowdStrike has a 12-month low of $272.67 and a 12-month high of $517.98.

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

Insider Transactions at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 42,267 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 99,973 shares of company stock valued at $46,586,987. Company insiders own 3.32% of the company's stock.

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.

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