Signature Estate & Investment Advisors LLC Sells 671 Shares of CrowdStrike $CRWD

Key Points

• Signature Estate & Investment Advisors LLC has decreased its holdings in CrowdStrike by 3.5%, now owning 18,528 shares valued at approximately $9.44 million.
• Institutional investors currently own 71.16% of CrowdStrike, with notable increases in holdings by firms such as UBS and Jennison Associates during the first quarter.
• Analyst price targets for CrowdStrike have been raised, with Morgan Stanley increasing their target from $460 to $475 and Scotiabank from $440 to $600.

Signature Estate & Investment Advisors LLC decreased its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,528 shares of the company's stock after selling 671 shares during the quarter. Signature Estate & Investment Advisors LLC's holdings in CrowdStrike were worth $9,436,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CRWD. Nuveen LLC acquired a new position in CrowdStrike during the 1st quarter worth $595,766,000. Jennison Associates LLC lifted its holdings in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock worth $977,149,000 after buying an additional 955,529 shares in the last quarter. Vanguard Group Inc. lifted its holdings in CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock worth $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock worth $939,747,000 after buying an additional 760,222 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on CRWD. Morgan Stanley upped their price objective on CrowdStrike from $460.00 to $475.00 and gave the stock an "equal weight" rating in a report on Thursday, September 18th. Robert W. Baird increased their price target on CrowdStrike from $460.00 to $490.00 and gave the company a "neutral" rating in a research note on Friday, September 19th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of CrowdStrike in a research note on Wednesday, October 8th. Scotiabank raised CrowdStrike from a "sector perform" rating to a "sector outperform" rating and raised their price objective for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. Finally, Cantor Fitzgerald raised their price objective on CrowdStrike from $475.00 to $500.00 and gave the stock an "overweight" rating 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 assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and a consensus target price of $494.95.

CrowdStrike Price Performance

CRWD stock opened at $484.65 on Friday. The stock has a 50-day moving average price of $455.15 and a two-hundred day moving average price of $448.87. The stock has a market cap of $121.63 billion, a PE ratio of -407.27, a price-to-earnings-growth ratio of 113.89 and a beta of 1.19. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98.

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, topping analysts' consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company's revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In other news, President Michael Sentonas sold 20,000 shares of the firm's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the transaction, the president owned 379,116 shares in the company, valued at $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares of the company's stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 158,090 shares of company stock worth $75,500,649 over the last 90 days. 3.32% of the stock is currently owned by 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.

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