IronOak Wealth LLC. Takes $1.14 Million Position in CrowdStrike $CRWD

Key Points

• IronOak Wealth LLC has invested approximately $1.14 million in CrowdStrike, acquiring 2,242 shares during the second quarter.
• Several institutional investors have also increased their stakes in CrowdStrike, with hedge funds currently owning 71.16% of the stock.
• Analyst reports show varying sentiment on CrowdStrike, with one rating a Strong Buy, twenty-four assigning a Buy rating, and nineteen issuing a Hold rating.

IronOak Wealth LLC. acquired a new position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,242 shares of the company's stock, valued at approximately $1,142,000.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Vise Technologies Inc. grew its stake in CrowdStrike by 74.1% during the 4th quarter. Vise Technologies Inc. now owns 2,672 shares of the company's stock worth $914,000 after buying an additional 1,137 shares during the last quarter. Mackenzie Financial Corp grew its holdings in CrowdStrike by 46.2% in the 4th quarter. Mackenzie Financial Corp now owns 60,226 shares of the company's stock worth $20,607,000 after buying an additional 19,041 shares in the last quarter. Vermillion Wealth Management Inc. acquired a new position in shares of CrowdStrike during the fourth quarter valued at $60,000. Finally, Putney Financial Group LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $1,009,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded down $9.41 during trading on Monday, reaching $493.14. 3,872,883 shares of the company traded hands, compared to its average volume of 3,994,004. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $123.76 billion, a PE ratio of -414.40, a PEG ratio of 120.33 and a beta of 1.12. The company's 50 day moving average is $443.28 and its two-hundred day moving average is $431.86. CrowdStrike has a 52 week low of $272.67 and a 52 week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results 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. The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business's revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. As a group, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CRWD shares. Jefferies Financial Group upped their price target on CrowdStrike from $500.00 to $515.00 and gave the company a "buy" rating in a report on Thursday. Roth Capital reaffirmed a "buy" rating and set a $510.00 price target (up from $410.00) on shares of CrowdStrike in a research note on Thursday. Scotiabank reduced their target price on CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating for the company in a report on Thursday, August 28th. Sanford C. Bernstein dropped their target price on shares of CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a research report on Thursday, August 28th. Finally, Evercore ISI lowered their price target on shares of CrowdStrike from $425.00 to $405.00 and set an "in-line" rating on the stock in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nineteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus price target of $476.41.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Johanna Flower sold 2,073 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director directly owned 81,383 shares of the company's stock, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,741 shares of company stock worth $47,456,437 over the last quarter. 3.32% of the stock is owned by company insiders.

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.