CrowdStrike $CRWD Shares Purchased by Fortune 45 LLC

by · The Cerbat Gem

Fortune 45 LLC increased its holdings in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 11.7% in the second quarter, Holdings Channel reports. The firm owned 1,211 shares of the company’s stock after buying an additional 127 shares during the quarter. CrowdStrike accounts for 0.4% of Fortune 45 LLC’s investment portfolio, making the stock its 23rd biggest holding. Fortune 45 LLC’s holdings in CrowdStrike were worth $617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the period. Jennison Associates LLC boosted its stake in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after purchasing an additional 955,529 shares during the period. Goldman Sachs Group Inc. boosted its stake in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after purchasing an additional 760,222 shares during the period. Finally, Invesco Ltd. boosted its stake in CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after purchasing an additional 352,473 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $545.50 on Thursday. The company has a 50-day simple moving average of $470.51 and a 200-day simple moving average of $459.23. 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 company has a market capitalization of $136.90 billion, a PE ratio of -458.40, a P/E/G ratio of 128.53 and a beta of 1.19. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $553.64.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating 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 net margin of 6.84% and a negative return on equity of 1.53%. The business’s revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS. 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 predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction dated Tuesday, August 5th. The shares were 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 owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the 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 completion of the transaction, the president owned 379,116 shares of the company’s stock, valued at $189,558,000. This represents a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 163,090 shares of company stock worth $78,144,499. 3.32% of the stock is owned by company insiders.

Analysts Set New Price Targets

CRWD has been the subject of several recent analyst reports. Cfra restated a “hold” rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. TD Cowen raised their target price on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Royal Bank Of Canada raised their target price on shares of CrowdStrike from $510.00 to $540.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Finally, Stephens raised their target price on shares of CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $505.78.

Check Out Our Latest Analysis on CRWD

About CrowdStrike

(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.

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