Moran Wealth Management LLC Acquires 558 Shares of CrowdStrike $CRWD

Key Points

• Moran Wealth Management LLC increased its stake in CrowdStrike by 68.0%, acquiring an additional 558 shares during the 2nd quarter, bringing their total holdings to 1,378 shares valued at $702,000.
• Insider trading activity included CFO Burt W. Podbere selling 11,883 shares and President Michael Sentonas selling 20,000 shares, representing decreases in their ownership stakes by 4.89% and 5.01%, respectively.
• Analysts report a consensus rating of "Moderate Buy" for CrowdStrike with a target price averaging $494.02, with 28 out of 48 analysts recommending a buy rating.

Moran Wealth Management LLC lifted its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 68.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,378 shares of the company's stock after acquiring an additional 558 shares during the quarter. Moran Wealth Management LLC's holdings in CrowdStrike were worth $702,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of 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 in the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of 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 in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $30,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer directly owned 231,130 shares of the company's stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Michael Sentonas sold 20,000 shares of the business's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares of the company's stock, valued at $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 155,743 shares of company stock valued at $74,348,319 over the last 90 days. 3.32% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CRWD. DA Davidson raised their price objective on CrowdStrike from $490.00 to $515.00 and gave the company a "buy" rating in a report on Thursday, September 18th. Robert W. Baird lifted their target price on CrowdStrike from $460.00 to $490.00 and gave the stock a "neutral" rating in a report on Friday, September 19th. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. DZ Bank downgraded CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 target price on the stock. in a report on Wednesday, September 24th. Finally, Cantor Fitzgerald lifted their target price on CrowdStrike from $475.00 to $500.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus price target of $494.02.

CrowdStrike Stock Down 1.4%

Shares of NASDAQ:CRWD opened at $482.23 on Friday. The company has a market capitalization of $121.02 billion, a price-to-earnings ratio of -405.23, a P/E/G ratio of 114.92 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's 50-day moving average is $453.95 and its 200-day moving average is $447.49. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98.

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

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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