MassMutual Private Wealth & Trust FSB Sells 1,955 Shares of CrowdStrike $CRWD

Key Points

• MassMutual Private Wealth & Trust FSB sold 1,955 shares of CrowdStrike, reducing its holdings by 10.4%, now owning 16,863 shares worth approximately $8.59 million.
• CrowdStrike's stock recently increased by 2.0% and is currently trading at $444.77, with a market capitalization of $111.62 billion.
• In its latest earnings report, CrowdStrike achieved $1.17 billion in revenue and reported earnings per share of $0.93, exceeding analyst expectations.

MassMutual Private Wealth & Trust FSB decreased its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 10.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,863 shares of the company's stock after selling 1,955 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in CrowdStrike were worth $8,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cloud Capital Management LLC bought a new stake in CrowdStrike during the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC raised its holdings in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC bought a new stake in CrowdStrike during the 1st quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after acquiring an additional 58 shares during the period. Finally, Neo Ivy Capital Management bought a new stake in CrowdStrike during the 1st quarter valued at $30,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Up 2.0%

Shares of NASDAQ:CRWD opened at $444.77 on Tuesday. CrowdStrike has a 52-week low of $259.35 and a 52-week high of $517.98. The firm has a fifty day moving average of $444.77 and a 200 day moving average of $427.87. The firm has a market capitalization of $111.62 billion, a PE ratio of -373.75, a price-to-earnings-growth ratio of 136.48 and a beta of 1.12. 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 announced its earnings results 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 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 analyst estimates of $1.15 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The firm'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. As a group, research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $447.09, for a total value of $2,794,312.50. Following the completion of the transaction, the director directly owned 774,761 shares in the company, valued at approximately $346,387,895.49. The trade was a 0.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 11,527 shares of the company's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $471.20, for a total transaction of $5,431,522.40. Following the completion of the transaction, the president owned 410,677 shares of the company's stock, valued at $193,511,002.40. This trade represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,734 shares of company stock valued at $67,337,728 in the last three months. 3.32% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of CrowdStrike from $430.00 to $550.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Stifel Nicolaus upped their price target on shares of CrowdStrike from $480.00 to $495.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Piper Sandler decreased their price target on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a report on Thursday, August 28th. JMP Securities reaffirmed a "market outperform" rating and issued a $500.00 price target on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, Stephens upped their price target on shares of CrowdStrike from $450.00 to $540.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $460.10.

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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