SLT Holdings LLC Acquires 562 Shares of CrowdStrike $CRWD

Key Points

• SLT Holdings LLC increased its stake in CrowdStrike (NASDAQ:CRWD) by 15%, now holding 4,304 shares valued at approximately $2.19 million.
• CrowdStrike reported earnings of $0.93 per share in the last quarter, exceeding expectations, with revenue growth of 21.4% year-over-year.
• Insiders, including President Michael Sentonas and CEO George Kurtz, have sold significant amounts of stock recently, indicating a 5.01% and 1.94% decrease in their respective ownership stakes.

SLT Holdings LLC raised its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 15.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,304 shares of the company's stock after buying an additional 562 shares during the quarter. CrowdStrike comprises 1.7% of SLT Holdings LLC's investment portfolio, making the stock its 15th largest position. SLT Holdings LLC's holdings in CrowdStrike were worth $2,192,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in CrowdStrike in the first quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in CrowdStrike by 114.3% in the first 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 in the last quarter. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its stake 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 valued at $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new stake in shares of CrowdStrike during the 1st quarter valued at about $30,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $493.66 on Friday. The stock has a market cap of $123.89 billion, a price-to-earnings ratio of -414.84, a PEG ratio of 119.64 and a beta of 1.19. The firm's 50-day moving average is $450.04 and its 200 day moving average is $443.90. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for 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 business's revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CRWD. Guggenheim reaffirmed a "neutral" rating on shares of CrowdStrike in a research note on Thursday, September 18th. Stifel Nicolaus lifted their price objective on CrowdStrike from $495.00 to $515.00 and gave the company a "buy" rating in a research report on Thursday, September 18th. Capital One Financial lifted their price target on CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a research report on Thursday, September 18th. Weiss Ratings restated a "sell (d)" rating on shares of CrowdStrike in a research report on Wednesday. Finally, Westpark Capital restated a "hold" rating on shares of CrowdStrike in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and an average target price of $493.33.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 20,000 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares of the company's stock, valued at $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 157,816 shares of company stock valued at $75,331,356. Insiders own 3.32% of the company's stock.

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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