West Michigan Advisors LLC Buys Shares of 697 CrowdStrike $CRWD

Key Points

• West Michigan Advisors LLC purchased 697 shares of CrowdStrike in Q2, valued at approximately $355,000, indicating growing interest from institutional investors.
• Insider trading activity includes significant sales by key executives, with the CAO selling 1,762 shares and the President selling 10,000 shares, indicating a 4.52% and 2.75% decrease in their holdings, respectively.
• CrowdStrike's stock has experienced fluctuations, opening at $527.32, with analysts providing mixed ratings; the average target price among analysts is $496.47.

West Michigan Advisors LLC bought a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 697 shares of the company's stock, valued at approximately $355,000.

Several other large investors have also recently bought and sold shares of the company. Patron Partners LLC raised its stake in shares of CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company's stock worth $548,000 after purchasing an additional 22 shares during the last quarter. Real Talk Capital LLC grew its holdings in shares of CrowdStrike by 0.9% in 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 grew its holdings in shares of CrowdStrike by 20.8% in 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 holdings in CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock valued at $46,000 after purchasing an additional 25 shares during the period. Finally, Ramirez Asset Management Inc. grew its holdings in CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after purchasing an additional 25 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO Anurag Saha sold 1,762 shares of the business's stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the completion of the sale, the chief accounting officer owned 37,255 shares of the company's stock, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 10,000 shares of the business's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares of the company's stock, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 158,090 shares of company stock valued at $75,500,649. 3.32% of the stock is owned by insiders.

CrowdStrike Trading Up 1.0%

Shares of CRWD stock opened at $527.32 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average price of $463.35 and a two-hundred day moving average price of $454.32. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $535.52. The firm has a market cap of $132.34 billion, a P/E ratio of -443.12, a price-to-earnings-growth ratio of 122.66 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $1.15 billion. During the same quarter in the previous year, the company posted $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. Equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CRWD shares. Mizuho increased their price objective on CrowdStrike from $430.00 to $450.00 and gave the company a "neutral" rating in a report on Wednesday, September 17th. Piper Sandler reduced their price objective on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. Macquarie increased their price objective on CrowdStrike from $465.00 to $485.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Wedbush reissued a "buy" rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Robert W. Baird increased their target price on CrowdStrike from $460.00 to $490.00 and gave the stock a "neutral" rating in a research report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $496.47.

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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