Joseph P. Lucia & Associates LLC Buys Shares of 671 CrowdStrike $CRWD

Key Points

• Joseph P. Lucia & Associates LLC acquired 671 shares of CrowdStrike (NASDAQ:CRWD) valued at approximately $342,000 in the second quarter, indicating increasing institutional interest in the company.
• CrowdStrike recently reported a quarterly earnings per share (EPS) of $0.93, surpassing analysts' expectations and demonstrating a 21.4% increase in revenue year-over-year.
• Multiple analysts have boosted their price targets for CrowdStrike, with a consensus target now around $494.95, reflecting strong market confidence in the company's growth potential.

Joseph P. Lucia & Associates LLC bought a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 671 shares of the company's stock, valued at approximately $342,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Brighton Jones LLC raised its holdings in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after buying an additional 2,417 shares during the period. GAMMA Investing LLC raised its holdings in shares of CrowdStrike by 43.6% in the 1st quarter. GAMMA Investing LLC now owns 3,082 shares of the company's stock valued at $1,087,000 after buying an additional 936 shares during the period. Johnson Investment Counsel Inc. raised its holdings in shares of CrowdStrike by 3.6% in the 1st quarter. Johnson Investment Counsel Inc. now owns 860 shares of the company's stock valued at $303,000 after buying an additional 30 shares during the period. Blue Trust Inc. raised its holdings in shares of CrowdStrike by 20.4% in the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock valued at $447,000 after buying an additional 215 shares during the period. Finally, Retirement Systems of Alabama raised its holdings in shares of CrowdStrike by 5.0% in the 1st quarter. Retirement Systems of Alabama now owns 52,930 shares of the company's stock valued at $18,662,000 after buying an additional 2,544 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Up 0.5%

CRWD opened at $484.65 on Friday. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $517.98. The stock has a market capitalization of $121.63 billion, a price-to-earnings ratio of -407.27, a PEG ratio of 113.89 and a beta of 1.19. 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 business has a fifty day moving average price of $455.15 and a 200 day moving average price of $448.87.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released 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. 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 during the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the prior year, the firm posted $1.04 EPS. The business'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. Sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on CRWD. Daiwa Capital Markets boosted their price objective on CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a report on Wednesday, September 24th. Macquarie boosted their price objective on CrowdStrike from $465.00 to $485.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Oppenheimer boosted their price objective on CrowdStrike from $520.00 to $560.00 and gave the company an "outperform" rating in a report on Friday. Royal Bank Of Canada boosted their target price on CrowdStrike from $510.00 to $540.00 and gave the stock an "outperform" rating in a research note on Monday, October 13th. Finally, JMP Securities boosted their target price on CrowdStrike from $500.00 to $550.00 and gave the stock a "market outperform" rating in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus price target of $494.95.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 42,267 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 158,090 shares of company stock worth $75,500,649. Insiders own 3.32% of the company's stock.

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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