GM Advisory Group LLC Raises Holdings in CrowdStrike $CRWD

Key Points

• GM Advisory Group LLC increased its stake in CrowdStrike by 25.2%, acquiring an additional 1,583 shares, bringing its total holdings to 7,859 shares valued at approximately $2.77 million.
• Insiders have been actively selling CrowdStrike shares, with significant sales from directors resulting in combined transactions valued at over $5 million in July alone, indicating potential concerns about the stock.
• Analysts have shown mixed sentiment on CrowdStrike, with Piper Sandler downgrading its rating and Goldman Sachs raising its target price, reflecting a diverse outlook among the investment community.

GM Advisory Group LLC boosted its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 25.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,859 shares of the company's stock after acquiring an additional 1,583 shares during the quarter. GM Advisory Group LLC's holdings in CrowdStrike were worth $2,771,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. GDS Wealth Management raised its stake in CrowdStrike by 50.7% during the 1st quarter. GDS Wealth Management now owns 18,018 shares of the company's stock valued at $6,353,000 after buying an additional 6,059 shares during the last quarter. Capital Analysts LLC raised its stake in CrowdStrike by 3.9% during the 1st quarter. Capital Analysts LLC now owns 1,550 shares of the company's stock valued at $546,000 after buying an additional 58 shares during the last quarter. Tradition Wealth Management LLC raised its stake in CrowdStrike by 16.4% during the 1st quarter. Tradition Wealth Management LLC now owns 987 shares of the company's stock valued at $348,000 after buying an additional 139 shares during the last quarter. Erste Asset Management GmbH raised its stake in CrowdStrike by 8.6% during the 1st quarter. Erste Asset Management GmbH now owns 73,325 shares of the company's stock valued at $26,053,000 after buying an additional 5,821 shares during the last quarter. Finally, Venture Visionary Partners LLC raised its stake in CrowdStrike by 9.0% during the 1st quarter. Venture Visionary Partners LLC now owns 18,919 shares of the company's stock valued at $6,671,000 after buying an additional 1,558 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on CRWD. Scotiabank boosted their target price on shares of CrowdStrike from $370.00 to $480.00 and gave the company a "sector perform" rating in a research note on Wednesday, June 4th. JMP Securities restated a "market outperform" rating and issued a $500.00 price objective on shares of CrowdStrike in a research note on Wednesday, June 4th. The Goldman Sachs Group upped their price objective on CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Canaccord Genuity Group restated a "hold" rating and issued a $475.00 price objective (up from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Macquarie started coverage on CrowdStrike in a research note on Thursday, July 17th. They issued a "neutral" rating and a $465.00 price objective for the company. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $460.81.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction dated 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 owned 231,130 shares of the company's stock, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the sale, the director directly owned 18,858 shares of the company's stock, valued at approximately $9,667,553.70. The trade was a 33.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,414 shares of company stock valued at $101,484,738 over the last quarter. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

Shares of CRWD traded up $6.49 during midday trading on Friday, hitting $420.55. 2,196,622 shares of the company traded hands, compared to its average volume of 3,673,760. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The firm has a 50 day moving average of $468.54 and a 200-day moving average of $427.40. The stock has a market cap of $104.82 billion, a price-to-earnings ratio of -609.49 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the firm earned $0.93 EPS. The firm's revenue for the quarter was up 19.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.