Koshinski Asset Management Inc. Buys 815 Shares of CrowdStrike $CRWD

Key Points

• Koshinski Asset Management Inc. increased its stake in CrowdStrike by 28.7%, acquiring an additional 815 shares, bringing its total to 3,655 shares valued at approximately $1.86 million.
• Insiders have sold a significant amount of stock, with CFO Burt W. Podbere and Director Sameer K. Gandhi selling shares totaling over $8 million in the last quarter.
• Analysts have a generally positive outlook on CrowdStrike, with recent price targets raised by several firms, indicating a consensus ranking of Moderate Buy and an average target price of $494.95.

Koshinski Asset Management Inc. boosted its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 28.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,655 shares of the company's stock after purchasing an additional 815 shares during the quarter. Koshinski Asset Management Inc.'s holdings in CrowdStrike were worth $1,862,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CRWD. Patron Partners LLC lifted its position in CrowdStrike by 2.1% during the second quarter. Patron Partners LLC now owns 1,076 shares of the company's stock valued at $548,000 after acquiring an additional 22 shares during the last quarter. Real Talk Capital LLC increased its position in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after purchasing an additional 24 shares in the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of CrowdStrike by 20.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd boosted its position in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after purchasing an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. boosted its position in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after purchasing an additional 25 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The sale 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 firm's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director directly owned 768,511 shares in the company, valued at $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 sold 158,090 shares of company stock worth $75,500,649. Corporate insiders own 3.32% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on CRWD shares. Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a research note on Thursday, September 18th. Barclays upped their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. TD Cowen boosted their target price on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Daiwa Capital Markets raised their price target on shares of CrowdStrike from $475.00 to $530.00 and gave the stock an "outperform" rating in a report on Wednesday, September 24th. Finally, KeyCorp lifted their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. One 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $494.95.

CrowdStrike Stock Up 0.5%

CRWD stock opened at $484.65 on Friday. The company has a market capitalization of $121.63 billion, a P/E ratio of -407.27, a price-to-earnings-growth ratio of 113.89 and a beta of 1.19. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $517.98. The firm's fifty day simple moving average is $455.15 and its 200-day simple moving average is $448.87. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted 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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The firm's quarterly revenue was up 21.4% on a year-over-year basis. 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, equities research analysts forecast that CrowdStrike will post 0.55 earnings per share 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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