Gunderson Capital Management Inc. Invests $7.89 Million in CrowdStrike $CRWD

Key Points

• Gunderson Capital Management Inc. invested approximately $7.89 million in CrowdStrike by acquiring 15,483 shares, representing 3.3% of its portfolio and making it the firm’s 11th largest position.
• Several analysts have recently raised their price targets on CrowdStrike, with Barclays and Capital One both setting new targets above $500, reflecting a generally positive outlook for the stock.
• Insider trading activity was notable, with CEO George Kurtz selling 17,830 shares for about $8.82 million, indicating a 0.84% decrease in his ownership.

Gunderson Capital Management Inc. purchased a new position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,483 shares of the company's stock, valued at approximately $7,886,000. CrowdStrike comprises 3.3% of Gunderson Capital Management Inc.'s portfolio, making the stock its 11th biggest position.

Other hedge funds also recently bought and sold shares of the company. Patron Partners LLC increased its holdings in CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company's stock worth $548,000 after purchasing an additional 22 shares during the period. Real Talk Capital LLC grew its position in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after buying an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after acquiring an additional 25 shares in the last quarter. Close Asset Management Ltd raised its holdings in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock valued at $46,000 after acquiring an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. lifted its stake in CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after acquiring an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several recent analyst reports. Barclays lifted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock an "overweight" rating in a research report on Thursday, September 18th. Capital One Financial upped their price objective on CrowdStrike from $495.00 to $519.00 and gave the stock an "overweight" rating in a research report on Thursday, September 18th. Sanford C. Bernstein cut their target price on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a research report on Thursday, August 28th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $510.00 price target on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Canaccord Genuity Group upped their price objective on shares of CrowdStrike from $430.00 to $500.00 and gave the company a "hold" rating in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $493.33.

Insiders Place Their Bets

In other CrowdStrike news, 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 transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares of the company's stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 17,830 shares of the business'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 transaction, the chief executive officer directly owned 2,115,057 shares of the company's stock, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 132,816 shares of company stock valued at $62,606,356. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $509.13 on Friday. The company has a market cap of $127.77 billion, a P/E ratio of -427.84, a PEG ratio of 119.83 and a beta of 1.19. CrowdStrike has a 52 week low of $294.68 and a 52 week high of $517.98. The company has a 50-day moving average price of $449.10 and a 200 day moving average price of $443.15. 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 quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. The business 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 company's quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the company 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. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current 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.

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