Huntleigh Advisors Inc. Buys 4,323 Shares of CrowdStrike $CRWD

Key Points

• Huntleigh Advisors Inc. increased its stake in CrowdStrike (NASDAQ:CRWD) by 86.9% in Q2, acquiring an additional 4,323 shares to bring its total to 9,298 shares valued at approximately $4.74 million.
• A number of hedge funds, including Vanguard Group and Goldman Sachs, have significantly increased their stakes in CrowdStrike during the first quarter, contributing to institutional ownership of 71.16% of the company's stock.
• Wall Street analysts have varying views on CrowdStrike, with price targets ranging from $440 to $555 and a consensus rating of "Moderate Buy", indicating ongoing confidence in the company's growth potential.

Huntleigh Advisors Inc. increased its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 86.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,298 shares of the company's stock after acquiring an additional 4,323 shares during the quarter. CrowdStrike accounts for approximately 0.9% of Huntleigh Advisors Inc.'s portfolio, making the stock its 23rd largest position. Huntleigh Advisors Inc.'s holdings in CrowdStrike were worth $4,736,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after acquiring an additional 908,554 shares in the last quarter. Jennison Associates LLC increased its stake in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after acquiring an additional 955,529 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after acquiring an additional 760,222 shares in the last quarter. Finally, Invesco Ltd. increased its stake in CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock valued at $883,713,000 after purchasing an additional 352,473 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

Insiders Place Their Bets

In related news, CFO Burt W. Podbere sold 10,706 shares of the business's stock in a transaction dated Monday, September 22nd. The stock was 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 approximately $109,257,564.08. The trade was a 4.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Johanna Flower sold 2,347 shares of the business's stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director owned 79,057 shares in the company, valued at $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock worth $75,500,649 in the last ninety days. 3.32% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Canaccord Genuity Group boosted their price target 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. Cfra restated a "hold" rating and set a $555.00 price target (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Truist Financial boosted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of CrowdStrike from $430.00 to $435.00 and gave the company a "hold" rating in a research note on Thursday, September 18th. Finally, DZ Bank lowered shares of CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 price target for the company. in a research note on Wednesday, September 24th. One 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 has a consensus rating of "Moderate Buy" and a consensus target price of $494.95.

CrowdStrike Trading Up 0.5%

Shares of CrowdStrike stock opened at $484.65 on Friday. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $517.98. The stock's 50-day simple moving average is $455.15 and its 200 day simple moving average is $448.34. The stock has a market capitalization of $121.63 billion, a P/E ratio of -407.27, a P/E/G ratio of 113.32 and a beta of 1.19. 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 announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the previous year, the business posted $1.04 EPS. The firm's quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, research analysts anticipate that CrowdStrike will post 0.55 EPS 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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