Oak Harvest Investment Services Buys 2,886 Shares of CrowdStrike $CRWD

Key Points

• Oak Harvest Investment Services increased its stake in CrowdStrike by 38%, acquiring an additional 2,886 shares, bringing its total ownership to 10,474 shares, valued at approximately $3.69 million.
• Numerous institutional investors have been active, with Kovitz Investment Group Partners LLC increasing its position by 145.9% and new stakes acquired by Lord Abbett & CO. valued at $56.7 million.
• CrowdStrike's stock currently has a market capitalization of $104.82 billion and saw a recent earnings report showing a year-over-year revenue increase of 19.8%.

Oak Harvest Investment Services increased its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 38.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,474 shares of the company's stock after acquiring an additional 2,886 shares during the quarter. Oak Harvest Investment Services' holdings in CrowdStrike were worth $3,693,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CRWD. Brighton Jones LLC increased its position in CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after acquiring an additional 2,417 shares during the period. Dimensional Fund Advisors LP increased its position in CrowdStrike by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company's stock worth $96,234,000 after acquiring an additional 10,271 shares during the period. Kovitz Investment Group Partners LLC increased its position in CrowdStrike by 145.9% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 9,602 shares of the company's stock worth $3,286,000 after acquiring an additional 5,697 shares during the period. Lord Abbett & CO. LLC acquired a new stake in CrowdStrike during the fourth quarter worth $56,706,000. Finally, Coldstream Capital Management Inc. increased its holdings in CrowdStrike by 26.5% in the 4th quarter. Coldstream Capital Management Inc. now owns 4,406 shares of the company's stock valued at $1,507,000 after buying an additional 924 shares during the period. Institutional investors own 71.16% of the company's stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of several analyst reports. Citigroup reissued an "outperform" rating on shares of CrowdStrike in a report on Monday, May 5th. Rosenblatt Securities boosted their price target on shares of CrowdStrike from $450.00 to $515.00 and gave the company a "buy" rating in a report on Monday, June 2nd. Cfra reissued a "hold" rating and issued a $555.00 price target (up previously from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Cantor Fitzgerald boosted their price target on shares of CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Finally, Royal Bank Of Canada boosted their price target on shares of CrowdStrike from $500.00 to $510.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $460.81.

CrowdStrike Stock Up 1.6%

Shares of NASDAQ:CRWD opened at $420.55 on Friday. The company's fifty day moving average is $467.34 and its 200-day moving average is $427.56. The company has a market capitalization of $104.82 billion, a PE ratio of -609.49 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.07. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm's quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. Equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, Director Denis Oleary sold 15,680 shares of the company's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $468.93, for a total transaction of $7,352,822.40. Following the transaction, the director owned 36,906 shares in the company, valued at $17,306,330.58. This represents a 29.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roxanne S. Austin sold 15,000 shares of the company's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the transaction, the director owned 18,858 shares in the company, valued at approximately $9,385,060.86. This trade represents a 44.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,414 shares of company stock worth $101,484,738 over the last quarter. Corporate insiders own 3.32% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.