McAdam LLC Takes $204,000 Position in CrowdStrike $CRWD

Key Points

• McAdam LLC acquired a new stake in CrowdStrike worth approximately $204,000, purchasing 579 shares during the first quarter.
• Several institutional investors have also increased their positions in CrowdStrike, with Nuveen LLC making a notable purchase of $595.77 million in the first quarter.
• CrowdStrike reported a 21.4% year-over-year revenue increase, reaching $1.17 billion, along with an EPS of $0.93, surpassing analyst expectations.

McAdam LLC acquired a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 579 shares of the company's stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Nuveen LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at $595,766,000. Jennison Associates LLC grew its position in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. GAMMA Investing LLC grew its position in shares of CrowdStrike by 50,536.2% in the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock valued at $383,132,000 after buying an additional 1,084,506 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after buying an additional 955,529 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after buying an additional 908,554 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Up 2.0%

CRWD stock opened at $433.38 on Friday. CrowdStrike has a one year low of $252.48 and a one year high of $517.98. The stock has a market capitalization of $108.76 billion, a PE ratio of -364.18, a price-to-earnings-growth ratio of 132.97 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. The company has a fifty day moving average of $447.53 and a 200-day moving average of $426.55.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 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 analysts' expectations of $1.15 billion. During the same quarter last year, the business earned $1.04 EPS. The business's 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, analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In other news, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director owned 81,383 shares in the company, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the sale, the director owned 18,858 shares of the company's stock, valued at $9,667,553.70. This trade represents a 33.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 143,734 shares of company stock worth $67,337,728. 3.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently commented on CRWD shares. Barclays set a $500.00 target price on shares of CrowdStrike in a research report on Tuesday, June 3rd. Susquehanna increased their target price on shares of CrowdStrike from $425.00 to $530.00 and gave the company a "positive" rating in a research report on Wednesday, June 4th. Rosenblatt Securities dropped their target price 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. Morgan Stanley dropped their target price on shares of CrowdStrike from $495.00 to $460.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 28th. Finally, Oppenheimer reissued an "outperform" rating and set a $520.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average 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.

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