GFG Capital LLC Makes New $9.61 Million Investment in CrowdStrike $CRWD

Key Points

• GFG Capital LLC has made a new investment of approximately $9.61 million in CrowdStrike (NASDAQ: CRWD), acquiring 18,867 shares, which represents 2.9% of its portfolio.
• CrowdStrike's latest quarterly earnings report showed an earnings per share (EPS) of $0.93, surpassing the consensus estimate and reflecting a 21.4% year-over-year revenue growth.
• The company has seen significant insider trading activity, with CEO George Kurtz selling 17,830 shares for nearly $8.82 million, reducing his ownership by 0.84%.

GFG Capital LLC bought a new position in CrowdStrike (NASDAQ:CRWD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,867 shares of the company's stock, valued at approximately $9,609,000. CrowdStrike comprises 2.9% of GFG Capital LLC's holdings, making the stock its 11th biggest position.

Other large investors have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in CrowdStrike in the first quarter worth $25,000. Atlantic Edge Private Wealth Management LLC grew its position in shares of 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 purchasing an additional 40 shares in the last quarter. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of 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 period. Finally, Neo Ivy Capital Management purchased a new stake in CrowdStrike during the 1st quarter worth about $30,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $509.95 on Thursday. The firm has a market capitalization of $127.98 billion, a price-to-earnings ratio of -428.53, a P/E/G ratio of 113.88 and a beta of 1.19. CrowdStrike has a 52-week low of $292.50 and a 52-week high of $517.98. The stock has a fifty day moving average of $448.01 and a 200 day moving average of $442.21. 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 posted 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 company had revenue of $1.17 billion during 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 firm's quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter 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. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares of the company's stock, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer directly owned 37,255 shares of the company's stock, valued at approximately $17,972,184.55. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 132,816 shares of company stock valued at $62,606,356. 3.32% of the stock is owned by insiders.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent research reports. Stephens increased their price objective on CrowdStrike from $510.00 to $525.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Wedbush reissued a "buy" rating on shares of CrowdStrike in a report on Thursday, August 28th. UBS Group dropped their price objective on CrowdStrike from $545.00 to $500.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. BMO Capital Markets increased their price objective on CrowdStrike from $450.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, September 18th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $510.00 price objective on shares of CrowdStrike in a report 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 given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $491.81.

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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