CrowdStrike $CRWD Stake Lowered by Jacobs & Co. CA

Key Points

• Jacobs & Co. CA reduced its holdings in CrowdStrike by 4.5%, totaling 17,411 shares valued at approximately $8.87 million.
• Several institutional investors, including Brighton Jones LLC and Man Group plc, have recently increased their stakes in CrowdStrike, pointing to active interest in the stock.
• CrowdStrike reported earnings of $0.93 per share, beating estimates by $0.10, and experienced a 21.4% year-over-year increase in quarterly revenue.

Jacobs & Co. CA decreased its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 4.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,411 shares of the company's stock after selling 825 shares during the period. Jacobs & Co. CA's holdings in CrowdStrike were worth $8,867,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new stake in CrowdStrike during the first quarter worth approximately $25,000. Vision Financial Markets LLC bought a new stake in CrowdStrike during the first quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC raised its holdings in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after purchasing an additional 40 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. raised its holdings in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike during the first quarter worth approximately $30,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Up 0.6%

NASDAQ CRWD traded up $2.72 on Friday, hitting $436.10. 2,762,125 shares of the stock were exchanged, compared to its average volume of 3,213,070. CrowdStrike has a 52-week low of $256.00 and a 52-week high of $517.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market capitalization of $109.44 billion, a price-to-earnings ratio of -366.47, a P/E/G ratio of 136.48 and a beta of 1.12. The company's 50-day moving average price is $445.98 and its two-hundred day moving average price is $427.49.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm 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 company posted $1.04 EPS. The company'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. Research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity

In other news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the transaction, the director directly owned 774,761 shares in the company, valued at $346,387,895.49. The trade was a 0.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO George Kurtz sold 42,267 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 143,734 shares of company stock worth $67,337,728. 3.32% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on CRWD. Canaccord Genuity Group dropped their target price on CrowdStrike from $475.00 to $430.00 and set a "hold" rating on the stock in a report on Thursday, August 28th. UBS Group decreased their price target on shares of CrowdStrike from $545.00 to $500.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. Rosenblatt Securities decreased their price target on shares of CrowdStrike from $515.00 to $490.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. The Goldman Sachs Group lifted their price target on shares of CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. Finally, Guggenheim restated a "neutral" rating on shares of CrowdStrike in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $460.10.

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.