Private Trust Co. NA Has $2.89 Million Holdings in CrowdStrike $CRWD

Key Points

• Private Trust Co. NA has reduced its holdings in CrowdStrike by 8.9%, leaving it with 5,668 shares valued at approximately $2.89 million at the end of the second quarter.
• Insider selling occurred recently, with President Michael Sentonas and CAO Anurag Saha selling 10,000 and 1,762 shares, respectively, indicating a decrease in their ownership.
• CrowdStrike recently beat earnings estimates with $1.17 billion in revenue, a 21.4% increase year-over-year, while analysts maintain a consensus target price of $494.02 for the stock.

Private Trust Co. NA lessened its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 8.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,668 shares of the company's stock after selling 553 shares during the period. Private Trust Co. NA's holdings in CrowdStrike were worth $2,887,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Financial Management Professionals Inc. grew its position in shares of CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company's stock worth $36,000 after purchasing an additional 34 shares in the last quarter. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC boosted its position 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 worth $26,000 after acquiring an additional 40 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position 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 worth $27,000 after acquiring an additional 58 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Activity at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares in the company, valued at $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,762 shares of the stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total transaction of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company's stock, valued at approximately $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 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.

CrowdStrike Price Performance

CRWD stock opened at $482.23 on Friday. The company has a fifty day moving average price of $453.95 and a 200-day moving average price of $447.49. The company has a market capitalization of $121.02 billion, a P/E ratio of -405.23, a PEG ratio of 114.92 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $517.98. 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 released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company's revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.04 earnings per share. 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, equities analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CRWD shares. Truist Financial increased their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, September 18th. Zacks Research raised shares of CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of CrowdStrike from $430.00 to $435.00 and gave the company a "hold" rating in a research note on Thursday, September 18th. DA Davidson increased their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Finally, Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $494.02.

About CrowdStrike

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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