Moloney Securities Asset Management LLC Has $1.25 Million Position in CrowdStrike $CRWD

Key Points

• Moloney Securities Asset Management LLC has increased its stake in CrowdStrike by 153.5% to hold a total of 2,449 shares valued at approximately $1.25 million.
• Several institutional investors, including Saudi Central Bank and Cloud Capital Management LLC, have recently added to their positions in CrowdStrike, which now sees 71.16% of its stock owned by institutional investors.
• Analysts have raised their price targets for CrowdStrike, with Needham & Company setting a new target at $535 and overall ratings reflecting a consensus of "Moderate Buy".

Moloney Securities Asset Management LLC increased its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 153.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,449 shares of the company's stock after buying an additional 1,483 shares during the quarter. Moloney Securities Asset Management LLC's holdings in CrowdStrike were worth $1,247,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $26,000. Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $30,000. Finally, Saudi Central Bank acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $34,000. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Needham & Company LLC raised their target price on CrowdStrike from $475.00 to $535.00 and gave the company a "buy" rating in a report on Thursday, September 18th. Canaccord Genuity Group raised their target price on CrowdStrike from $430.00 to $500.00 and gave the company a "hold" rating in a report on Monday, September 22nd. Capital One Financial raised their target price on CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. Stifel Nicolaus increased their price target on CrowdStrike from $495.00 to $515.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Finally, Oppenheimer raised their price objective on CrowdStrike from $520.00 to $560.00 and gave the company an "outperform" rating in a report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $496.47.

CrowdStrike Trading Up 1.0%

NASDAQ CRWD opened at $527.32 on Friday. The company has a market cap of $132.34 billion, a price-to-earnings ratio of -443.12, a price-to-earnings-growth ratio of 122.66 and a beta of 1.19. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $535.52. The business's fifty day moving average is $463.35 and its 200 day moving average is $454.32.

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. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period last year, the company earned $1.04 EPS. 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, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, President Michael Sentonas sold 20,000 shares of the firm's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares of the company's stock, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction on 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 directly owned 2,132,887 shares of the company's stock, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 158,090 shares of company stock valued at $75,500,649 in the last quarter. 3.32% of the stock is currently owned by company insiders.

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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