Robbins Farley Has $3.68 Million Stock Position in CrowdStrike $CRWD

Key Points

• Robbins Farley decreased its holdings in CrowdStrike by 18.1%, selling 1,593 shares during the second quarter, leaving it with a total of 7,216 shares valued at $3.675 million.
• Several institutional investors have increased their positions in CrowdStrike, with a current 71.16% ownership by institutional investors overall.
• Analyst ratings for CrowdStrike are positive, with a consensus rating of "Moderate Buy" and target prices improved by multiple firms, reflecting growing investor confidence.

Robbins Farley cut its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 18.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,216 shares of the company's stock after selling 1,593 shares during the period. Robbins Farley's holdings in CrowdStrike were worth $3,675,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. 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 raised its position in 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 purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new position in CrowdStrike during the 1st quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. raised its position in 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 purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike during the 1st quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

CRWD stock traded up $2.84 during midday trading on Wednesday, hitting $493.22. 394,276 shares of the stock traded hands, compared to its average volume of 3,670,743. The firm has a market cap of $123.78 billion, a P/E ratio of -415.56, a PEG ratio of 114.78 and a beta of 1.12. 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 stock's fifty day simple moving average is $444.31 and its 200-day simple moving average is $437.34. CrowdStrike has a 1-year low of $274.86 and a 1-year high of $517.98.

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, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business earned $1.04 earnings per share. The company's revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CRWD shares. BTIG Research reiterated a "buy" rating and set a $489.00 price target on shares of CrowdStrike in a research note on Thursday, September 18th. Truist Financial lifted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday, September 18th. KeyCorp boosted their target price on shares of CrowdStrike from $495.00 to $510.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. Rosenblatt Securities restated a "buy" rating and set a $490.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $484.95.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 10,706 shares of CrowdStrike stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Michael Sentonas sold 11,561 shares of the business's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the transaction, the president owned 399,116 shares in the company, valued at $197,837,810.04. The trade was a 2.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 119,066 shares of company stock valued at $55,809,043. 3.32% of the stock is owned by company insiders.

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.