CrowdStrike $CRWD Shares Purchased by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. increased its stake in CrowdStrike by 0.1%, owning 694,452 shares worth approximately $244.85 million as of the latest quarter.
• Institutional investors now hold 71.16% of CrowdStrike's stock, with notable increases from firms like Nuveen LLC and Vanguard Group Inc..
• Overall, CrowdStrike shares have a consensus rating of "Moderate Buy" from analysts, with price target elevations from firms like Bank of America and Royal Bank of Canada.

Raymond James Financial Inc. raised its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 0.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 694,452 shares of the company's stock after buying an additional 697 shares during the period. Raymond James Financial Inc. owned about 0.28% of CrowdStrike worth $244,850,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CRWD. Brighton Jones LLC lifted its position in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after purchasing an additional 2,417 shares during the period. Jump Financial LLC increased its stake in CrowdStrike by 53.2% during the 4th quarter. Jump Financial LLC now owns 1,924 shares of the company's stock valued at $658,000 after purchasing an additional 668 shares in the last quarter. NewEdge Advisors LLC increased its stake in CrowdStrike by 9.8% during the 4th quarter. NewEdge Advisors LLC now owns 20,709 shares of the company's stock valued at $7,086,000 after purchasing an additional 1,847 shares in the last quarter. Dnca Finance grew its stake in shares of CrowdStrike by 51.5% in the fourth quarter. Dnca Finance now owns 18,100 shares of the company's stock worth $6,193,000 after acquiring an additional 6,150 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of CrowdStrike by 3.8% in 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. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CRWD. BTIG Research reissued a "buy" rating on shares of CrowdStrike in a report on Thursday, May 22nd. Mizuho lifted their price target on shares of CrowdStrike from $425.00 to $450.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. Citigroup reissued an "outperform" rating on shares of CrowdStrike in a report on Monday, May 5th. Rosenblatt Securities boosted their target price on shares of CrowdStrike from $450.00 to $515.00 and gave the stock a "buy" rating in a report on Monday, June 2nd. Finally, Needham & Company LLC boosted their price target on shares of CrowdStrike from $420.00 to $530.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $460.81.

Insider Buying and Selling

In other news, Director Denis Oleary sold 15,680 shares of the firm's stock in a transaction that occurred on 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 sale, the director owned 36,906 shares of the company's stock, valued at $17,306,330.58. This trade represents a 29.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the sale, the chief executive officer directly owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% 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 in the last quarter. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 0.9%

Shares of CRWD stock traded down $3.8730 during mid-day trading on Thursday, hitting $415.2970. 682,875 shares of the stock traded hands, compared to its average volume of 3,675,641. The stock has a market cap of $103.51 billion, a P/E ratio of -600.78 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The stock's fifty day moving average is $469.89 and its two-hundred day moving average is $427.29. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. CrowdStrike's revenue was up 19.8% on a year-over-year basis. During the same period last year, the firm posted $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 analysts predict that CrowdStrike will post 0.55 EPS for the current year.

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.