CrowdStrike $CRWD Position Trimmed by Signature Estate & Investment Advisors LLC

Key Points

• Signature Estate & Investment Advisors LLC reduced its stake in CrowdStrike by 67.9%, owning 19,199 shares valued at approximately $6.77 million after selling 40,629 shares in the first quarter.
• Despite the reduction by Signature, other hedge funds like Cloud Capital Management LLC and E Fund Management Hong Kong Co. Ltd. increased their positions in CrowdStrike during the same period.
• CrowdStrike reported $1.17 billion in revenue for the latest quarter, reflecting a 21.4% year-over-year growth, with an EPS of $0.93 that surpassed analyst expectations.

Signature Estate & Investment Advisors LLC lessened its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 67.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,199 shares of the company's stock after selling 40,629 shares during the quarter. Signature Estate & Investment Advisors LLC's holdings in CrowdStrike were worth $6,769,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of CrowdStrike by 114.3% in 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 during the period. Vision Financial Markets LLC acquired a new position in shares of CrowdStrike in the 1st quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of CrowdStrike by 305.3% in 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 during the period. Finally, Neo Ivy Capital Management acquired a new position in shares of CrowdStrike in the 1st quarter valued at $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of CrowdStrike stock traded up $3.12 on Friday, hitting $436.50. The company's stock had a trading volume of 1,748,982 shares, compared to its average volume of 3,676,656. CrowdStrike has a 52-week low of $256.00 and a 52-week high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average price of $447.53 and a 200-day moving average price of $426.55. The company has a market capitalization of $109.54 billion, a P/E ratio of -366.84, a price-to-earnings-growth ratio of 132.97 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results 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 analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm's quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities research analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Roxanne S. Austin sold 15,000 shares of the business'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 completion of the sale, the director owned 18,858 shares of the company's stock, valued at approximately $9,385,060.86. The trade was a 44.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the 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 of the company's stock, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 143,734 shares of company stock worth $67,337,728. 3.32% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wedbush reaffirmed a "buy" rating on shares of CrowdStrike in a report on Thursday, August 28th. Raymond James Financial reissued an "outperform" rating and issued a $485.00 price objective (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Truist Financial reissued a "buy" rating and issued a $500.00 price objective (up from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Piper Sandler dropped their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $460.10.

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.