LifeWealth Investments LLC Takes Position in CrowdStrike $CRWD

by · The Cerbat Gem

LifeWealth Investments LLC purchased a new stake in CrowdStrike (NASDAQ:CRWD – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 598 shares of the company’s stock, valued at approximately $305,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in shares of CrowdStrike in the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC raised its position in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the first quarter worth about $26,000. Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the first quarter worth about $30,000. Finally, Saudi Central Bank acquired a new stake in shares of CrowdStrike during the first quarter worth about $34,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Up 4.4%

NASDAQ:CRWD opened at $521.98 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a market cap of $131.00 billion, a PE ratio of -438.63, a PEG ratio of 117.52 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $522.43. The stock has a 50-day simple moving average of $461.36 and a 200 day simple moving average of $452.92.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the company earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CRWD shares. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. Jefferies Financial Group raised their price target on CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. JMP Securities raised their price target on CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a research report on Tuesday, September 23rd. Finally, Piper Sandler dropped their price target on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research report on Thursday, August 28th. One equities 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 given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $496.47.

Get Our Latest Stock Analysis on CRWD

Insider Buying and Selling

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the firm’s 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 completion of the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were 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 owned 379,116 shares of the company’s stock, 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 have sold 158,090 shares of company stock valued at $75,500,649 in the last ninety days. 3.32% of the stock is owned by company insiders.

CrowdStrike Company Profile

(Free Report)

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.

Further Reading

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