Generali Asset Management SPA SGR Acquires 2,514 Shares of CrowdStrike $CRWD

Key Points

• Generali Asset Management SPA SGR increased its stake in CrowdStrike by 36.6% during Q2, acquiring an additional 2,514 shares, bringing their total holdings to 9,374 shares worth approximately $4.77 million.
• Insiders, including CEO George Kurtz, have sold a significant number of shares recently, with Darren Kurtz selling 17,830 shares for nearly $8.82 million, indicating a decrease in their ownership percentages.
• Analysts maintain a consensus rating of "Moderate Buy" for CrowdStrike, with target prices ranging from $489 to $555, reflecting a generally positive outlook on the company's future performance.

Generali Asset Management SPA SGR lifted its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 36.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,374 shares of the company's stock after purchasing an additional 2,514 shares during the period. Generali Asset Management SPA SGR's holdings in CrowdStrike were worth $4,774,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new position in shares of CrowdStrike in the 1st quarter worth approximately $25,000. 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 worth $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC bought a new stake in CrowdStrike during the 1st quarter worth approximately $26,000. 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 worth $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike during the 1st quarter worth approximately $30,000. Institutional investors own 71.16% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. BTIG Research restated a "buy" rating and set a $489.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. Cfra restated a "hold" rating and set a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Daiwa Capital Markets raised their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 24th. Guggenheim restated a "neutral" rating on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, Barclays raised their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $494.02.

Insider Buying and Selling

In related news, CEO George Kurtz sold 17,830 shares of the firm's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 155,743 shares of company stock valued at $74,348,319 over the last 90 days. 3.32% of the stock is currently owned by insiders.

CrowdStrike Trading Up 0.0%

CRWD stock opened at $489.02 on Thursday. The firm has a market cap of $122.72 billion, a PE ratio of -410.94, a price-to-earnings-growth ratio of 114.90 and a beta of 1.19. The firm has a fifty day moving average price of $452.81 and a 200 day moving average price of $446.60. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $517.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results 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 company 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%.CrowdStrike's revenue was up 21.4% on a year-over-year basis. During the same period last 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. Sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

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.

Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike (NASDAQ:CRWD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.