Janney Montgomery Scott LLC Purchases 2,213 Shares of CrowdStrike $CRWD

Key Points

• Janney Montgomery Scott LLC increased its stake in CrowdStrike by 3.8% during Q2 by purchasing an additional 2,213 shares, bringing their total holdings to 59,920 shares valued at approximately $30.5 million.
• Multiple institutional investors have also increased their positions in CrowdStrike, with significant increases such as Sound Income Strategies LLC expanding by 205.7% and Venture Visionary Partners LLC by 35.1% in the same period.
• CrowdStrike's stock has seen positive analyst ratings, with a consensus of "Moderate Buy" and an average target price increase to $484.95, reflecting growing investor confidence in the company's performance.

Janney Montgomery Scott LLC boosted its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 3.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,920 shares of the company's stock after purchasing an additional 2,213 shares during the period. Janney Montgomery Scott LLC's holdings in CrowdStrike were worth $30,518,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Venture Visionary Partners LLC increased its holdings in CrowdStrike by 35.1% during the 2nd quarter. Venture Visionary Partners LLC now owns 25,562 shares of the company's stock worth $13,019,000 after purchasing an additional 6,643 shares in the last quarter. GC Wealth Management RIA LLC bought a new position in CrowdStrike during the 2nd quarter worth about $2,664,000. Sound Income Strategies LLC increased its holdings in CrowdStrike by 205.7% during the 2nd quarter. Sound Income Strategies LLC now owns 266 shares of the company's stock worth $135,000 after purchasing an additional 179 shares in the last quarter. Moody Lynn & Lieberson LLC grew its holdings in shares of CrowdStrike by 60.3% in the 2nd quarter. Moody Lynn & Lieberson LLC now owns 8,400 shares of the company's stock valued at $4,278,000 after acquiring an additional 3,160 shares in the last quarter. Finally, Smith Salley Wealth Management grew its holdings in shares of CrowdStrike by 14.4% in the 2nd quarter. Smith Salley Wealth Management now owns 1,371 shares of the company's stock valued at $698,000 after acquiring an additional 173 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction that occurred 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 directly owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the firm's stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares of the company's stock, valued at $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,816 shares of company stock valued at $52,606,356. Company insiders own 3.32% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CRWD. Susquehanna raised their price objective on CrowdStrike from $425.00 to $530.00 and gave the company a "positive" rating in a report on Wednesday, June 4th. Capital One Financial raised their price objective on CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. KeyCorp raised their price objective on CrowdStrike from $495.00 to $510.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. Royal Bank Of Canada restated an "outperform" rating and issued a $510.00 price objective on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Robert W. Baird raised their price objective on CrowdStrike from $460.00 to $490.00 and gave the company a "neutral" rating in a report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $484.95.

CrowdStrike Trading Up 2.0%

Shares of NASDAQ:CRWD opened at $499.96 on Thursday. CrowdStrike has a 52-week low of $274.86 and a 52-week high of $517.98. The company has a market capitalization of $125.47 billion, a P/E ratio of -420.13, a price-to-earnings-growth ratio of 115.24 and a beta of 1.19. The company has a 50-day simple moving average of $445.08 and a 200 day simple moving average of $437.78. 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 issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period last 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. Sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike Company 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.

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