Strategic Blueprint LLC Raises Stake in CrowdStrike $CRWD

Key Points

• Strategic Blueprint LLC increased its holdings in CrowdStrike by 22.1% during Q2, owning 3,639 shares worth approximately $1.85 million following additional purchases.
• Insider selling activity included CEO George Kurtz selling 17,830 shares for nearly $8.82 million, indicating a 0.84% decrease in his ownership.
• Several analysts have raised their price targets for CrowdStrike, with estimates ranging from $490 to $600, reflecting a generally positive outlook on the stock's performance.

Strategic Blueprint LLC raised its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 22.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,639 shares of the company's stock after purchasing an additional 658 shares during the quarter. Strategic Blueprint LLC's holdings in CrowdStrike were worth $1,853,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in CrowdStrike during the first quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC raised its position in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the first quarter valued at approximately $26,000. Neo Ivy Capital Management bought a new stake in shares of CrowdStrike during the first quarter valued at approximately $30,000. Finally, Saudi Central Bank bought a new stake in shares of CrowdStrike during the first quarter valued at approximately $34,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity

In other news, CEO George Kurtz sold 17,830 shares of the business's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares of the company's stock, valued at approximately $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Johanna Flower sold 2,347 shares of the business's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares of the company's stock, valued at $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 158,090 shares of company stock valued at $75,500,649. Insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several recent analyst reports. Robert W. Baird lifted their price objective on shares of CrowdStrike from $460.00 to $490.00 and gave the company a "neutral" rating in a research report on Friday, September 19th. Stifel Nicolaus lifted their price objective on shares of CrowdStrike from $495.00 to $515.00 and gave the company a "buy" rating in a research report on Thursday, September 18th. Morgan Stanley lifted their price objective on shares of CrowdStrike from $460.00 to $475.00 and gave the company an "equal weight" rating in a research report on Thursday, September 18th. Scotiabank upgraded shares of CrowdStrike from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. Finally, Barclays lifted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company an "overweight" rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $496.47.

CrowdStrike Trading Up 4.4%

Shares of CRWD opened at $521.98 on Friday. The stock has a market capitalization of $131.00 billion, a PE ratio of -438.63, a P/E/G ratio of 117.52 and a beta of 1.19. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $522.43. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company's fifty day moving average is $461.36 and its 200 day moving average is $452.92.

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, beating analysts' consensus estimates of $0.83 by $0.10. The firm had revenue of $1.17 billion during 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 business's revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the firm earned $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 expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

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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