WESPAC Advisors SoCal LLC Has $2.64 Million Position in CrowdStrike $CRWD

Key Points

• WESPAC Advisors SoCal LLC increased its position in CrowdStrike by 30.2%, owning 5,173 shares worth approximately $2.64 million as of their latest SEC filing.
• An analysis from Barclays and Zacks Research indicates a positive outlook for CrowdStrike, with Barclays raising its target price to $515 and Zacks upgrading its rating to "strong buy."
• Institutional investors currently hold 71.16% of CrowdStrike's stock, with significant trading activity from other hedge funds noted in recent quarters.

WESPAC Advisors SoCal LLC boosted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 30.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,173 shares of the company's stock after acquiring an additional 1,201 shares during the quarter. WESPAC Advisors SoCal LLC's holdings in CrowdStrike were worth $2,635,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. increased its stake in shares of CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock valued at $783,000 after buying an additional 98 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company's stock valued at $8,483,000 after buying an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC acquired a new stake in shares of CrowdStrike in the second quarter valued at $397,000. Pegasus Asset Management Inc. increased its stake in shares of CrowdStrike by 3.4% in the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company's stock valued at $1,238,000 after buying an additional 79 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in shares of CrowdStrike in the second quarter valued at $899,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on CRWD shares. Barclays raised their target price on CrowdStrike from $500.00 to $515.00 and gave the company an "overweight" rating in a research note on Thursday, September 18th. Zacks Research upgraded CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Oppenheimer raised their target price on CrowdStrike from $520.00 to $560.00 and gave the company an "outperform" rating in a research note on Friday. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Wednesday, October 15th. Finally, Stifel Nicolaus raised their price target on CrowdStrike from $495.00 to $515.00 and gave the company a "buy" rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given 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, the stock currently has an average rating of "Moderate Buy" and an average target price of $494.95.

CrowdStrike Price Performance

Shares of CRWD opened at $503.61 on Tuesday. 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 has a 1 year low of $294.68 and a 1 year high of $517.98. The stock has a market cap of $126.39 billion, a P/E ratio of -423.20, a price-to-earnings-growth ratio of 113.89 and a beta of 1.19. The stock's 50-day moving average price is $456.70 and its two-hundred day moving average price is $450.85.

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 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 analysts' expectations of $1.15 billion. During the same quarter last year, the business earned $1.04 earnings per share. The company's revenue was up 21.4% compared to the same quarter last year. 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 analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the firm's stock in a transaction dated 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 transaction, the president owned 379,116 shares in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 158,090 shares of company stock worth $75,500,649 in the last ninety days. 3.32% of the stock is currently owned by corporate insiders.

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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