Triad Wealth Partners LLC Invests $294,000 in CrowdStrike $CRWD

Key Points

• Triad Wealth Partners LLC has invested approximately $294,000 in CrowdStrike by purchasing 577 shares during the 2nd quarter, indicating growing institutional interest in the cybersecurity company.
• Analysts have recently upgraded CrowdStrike's rating and price targets, with expectations ranging from $475.00 to $550.00, reflecting confidence in the company's growth prospects.
• CrowdStrike reported a 21.4% increase in year-over-year revenue, achieving $1.17 billion in revenue for the quarter, surpassing consensus estimates.

Triad Wealth Partners LLC purchased a new position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 577 shares of the company's stock, valued at approximately $294,000.

A number of other institutional investors also recently modified their holdings of the stock. Nuveen LLC bought a new position in CrowdStrike in the 1st quarter worth approximately $595,766,000. Jennison Associates LLC boosted its stake in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of CrowdStrike by 52.6% during the first 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 purchasing an additional 955,529 shares during the period. Vanguard Group Inc. grew its position in shares of 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 during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after acquiring an additional 760,222 shares during the period. 71.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CRWD. Truist Financial lifted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Morgan Stanley raised their price objective on shares of CrowdStrike from $460.00 to $475.00 and gave the stock an "equal weight" rating in a report on Thursday, September 18th. JMP Securities upped their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a "market outperform" rating in a research note on Tuesday, September 23rd. Stephens increased their target price on CrowdStrike from $510.00 to $525.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Finally, DA Davidson boosted their price target on CrowdStrike from $490.00 to $515.00 and gave the company a "buy" rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $487.11.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the business's stock in a transaction dated 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 completion of the sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction that occurred on 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 sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 132,816 shares of company stock valued at $62,606,356 in the last quarter. Company insiders own 3.32% of the company's stock.

CrowdStrike Trading Down 1.4%

NASDAQ CRWD opened at $489.88 on Friday. The company has a market cap of $122.94 billion, a PE ratio of -411.66, a PEG ratio of 116.74 and a beta of 1.19. CrowdStrike has a 12 month low of $283.80 and a 12 month high of $517.98. The stock has a 50 day moving average of $446.22 and a 200-day moving average of $439.56. 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 (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 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 during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the business posted $1.04 EPS. CrowdStrike's revenue was up 21.4% on a year-over-year basis. 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 anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike 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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