Trifecta Capital Advisors LLC Acquires 1,939 Shares of CrowdStrike $CRWD

Trifecta Capital Advisors LLC grew its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 11.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,880 shares of the company's stock after purchasing an additional 1,939 shares during the period. CrowdStrike comprises approximately 1.6% of Trifecta Capital Advisors LLC's holdings, making the stock its 18th largest holding. Trifecta Capital Advisors LLC's holdings in CrowdStrike were worth $9,616,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CRWD. Patron Partners LLC lifted its holdings in shares of CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company's stock valued at $548,000 after buying an additional 22 shares during the period. Real Talk Capital LLC raised its position in CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock valued at $963,000 after acquiring an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its position in CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after acquiring an additional 25 shares in the last quarter. Close Asset Management Ltd grew its stake in shares of CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after purchasing an additional 25 shares during the period. Finally, Ramirez Asset Management Inc. grew its stake in shares of CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after purchasing an additional 25 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on CRWD. Stephens increased their price target on shares of CrowdStrike from $510.00 to $525.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Daiwa Capital Markets lifted their price target on CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research note on Wednesday, September 24th. Truist Financial lifted their price target on CrowdStrike from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Cfra reissued a "hold" rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Finally, Oppenheimer reissued an "outperform" rating and issued a $520.00 price objective on shares of CrowdStrike in a report on Thursday, August 28th. One 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 given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $491.81.

CrowdStrike Trading Up 5.2%

CRWD opened at $509.95 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The company's 50 day simple moving average is $448.01 and its two-hundred day simple moving average is $442.21. CrowdStrike has a 1-year low of $292.50 and a 1-year high of $517.98. The firm has a market capitalization of $127.98 billion, a price-to-earnings ratio of -428.53, a price-to-earnings-growth ratio of 113.88 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter last year, the firm earned $1.04 earnings per share. The business's revenue for the quarter 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. Analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Sentonas sold 20,000 shares of the business's stock in a transaction dated Wednesday, October 1st. The shares were 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 in the company, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 132,816 shares of company stock worth $62,606,356. 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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