GC Wealth Management RIA LLC Takes Position in CrowdStrike $CRWD

Key Points

• GC Wealth Management RIA LLC has acquired a new stake of 5,231 shares in CrowdStrike, valued at approximately $2.66 million, in the second quarter.
• CrowdStrike's recent earnings report revealed an earnings per share (EPS) of $0.93, exceeding expectations of $0.83, with revenue rising 21.4% year-over-year.
• Insider stock sales have occurred, with CrowdStrike's President and CFO selling over 22,267 shares combined, signaling a decrease in their ownership stakes by 2.82% and 4.63%, respectively.

GC Wealth Management RIA LLC acquired a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,231 shares of the company's stock, valued at approximately $2,664,000.

Other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. lifted its stake in shares of CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company's stock valued at $36,000 after purchasing an additional 34 shares during the last quarter. Cloud Capital Management LLC bought a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of CrowdStrike by 114.3% in 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. Finally, E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of CrowdStrike by 305.3% in 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. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 1.8%

CRWD opened at $481.42 on Monday. The stock's fifty day moving average is $443.79 and its two-hundred day moving average is $436.03. The company has a market capitalization of $120.82 billion, a P/E ratio of -404.55, a PEG ratio of 113.13 and a beta of 1.12. CrowdStrike has a 52 week low of $272.67 and a 52 week high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its earnings results 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 business had revenue of $1.17 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the firm 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. Analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. New Street Research set a $460.00 price objective on CrowdStrike in a research note on Thursday, August 28th. Truist Financial increased their price target on CrowdStrike from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday, September 18th. Needham & Company LLC increased their price target on CrowdStrike from $475.00 to $535.00 and gave the stock a "buy" rating in a report on Thursday, September 18th. Cantor Fitzgerald increased their price target on CrowdStrike from $475.00 to $500.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Finally, Sanford C. Bernstein reduced their price target on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average target price of $483.79.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 11,561 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the sale, the president owned 399,116 shares of the company's stock, valued at approximately $197,837,810.04. This trade represents a 2.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 128,513 shares of company stock worth $60,652,048. 3.32% of the stock is currently owned by company insiders.

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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