Vivid Wealth Management LLC Sells 1,475 Shares of CrowdStrike $CRWD

Key Points

• Vivid Wealth Management LLC has reduced its stake in CrowdStrike by 19.6%, selling 1,475 shares during the second quarter, leaving them with 6,052 shares worth approximately $3,082,000.
• Increased investments in CrowdStrike were observed among several hedge funds, with Brighton Jones LLC raising its position by 44.9%, now owning 7,803 shares valued at $2,670,000.
• CrowdStrike's latest quarterly earnings report showed a 21.4% year-over-year revenue increase, with an EPS of $0.93, surpassing analysts' expectations of $0.83.

Vivid Wealth Management LLC lowered its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 19.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,052 shares of the company's stock after selling 1,475 shares during the period. CrowdStrike makes up 1.4% of Vivid Wealth Management LLC's holdings, making the stock its 20th biggest holding. Vivid Wealth Management LLC's holdings in CrowdStrike were worth $3,082,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of CRWD. Brighton Jones LLC increased its position in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after purchasing an additional 2,417 shares during the period. Pallas Capital Advisors LLC increased its position in shares of CrowdStrike by 17.8% in the first quarter. Pallas Capital Advisors LLC now owns 1,859 shares of the company's stock worth $655,000 after purchasing an additional 281 shares during the period. Harbor Capital Advisors Inc. increased its position in shares of CrowdStrike by 43.5% in the first quarter. Harbor Capital Advisors Inc. now owns 4,396 shares of the company's stock worth $1,550,000 after purchasing an additional 1,332 shares during the period. GAMMA Investing LLC increased its position in shares of CrowdStrike by 43.6% in the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company's stock worth $1,087,000 after purchasing an additional 936 shares during the period. Finally, Simplicity Wealth LLC grew its position in CrowdStrike by 96.9% in the first quarter. Simplicity Wealth LLC now owns 1,353 shares of the company's stock valued at $477,000 after acquiring an additional 666 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $509.13 on Friday. The business's 50-day moving average price is $449.10 and its 200-day moving average price is $443.15. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $517.98. The firm has a market capitalization of $127.77 billion, a price-to-earnings ratio of -427.84, a PEG ratio of 119.83 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 (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the firm posted $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. Equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CRWD. Morgan Stanley lifted their target price on CrowdStrike from $460.00 to $475.00 and gave the company an "equal weight" rating in a research report on Thursday, September 18th. JMP Securities lifted their target price on CrowdStrike from $500.00 to $550.00 and gave the company a "market outperform" rating in a research report on Tuesday, September 23rd. Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a research report on Thursday, September 18th. Truist Financial lifted their target price on CrowdStrike from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Thursday, September 18th. Finally, Daiwa Capital Markets lifted their target price on CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research report on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of "Moderate Buy" and an average price target of $493.33.

Insider Buying and Selling

In related news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares of the company's stock, valued at $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction that occurred on 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 directly owned 379,116 shares in the company, valued at approximately $189,558,000. This represents a 5.01% 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 over the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

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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