CrowdStrike $CRWD Shares Sold by GAM Holding AG

by · The Cerbat Gem

GAM Holding AG reduced its stake in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 21.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,723 shares of the company’s stock after selling 1,310 shares during the period. GAM Holding AG’s holdings in CrowdStrike were worth $2,405,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Nuveen LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $595,766,000. Jennison Associates LLC grew its position in CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after buying an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after buying an additional 955,529 shares during the period. Vanguard Group Inc. grew its position in CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after buying an additional 908,554 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in CrowdStrike by 39.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after buying an additional 760,222 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Stock Up 0.8%

Shares of CRWD opened at $543.01 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. CrowdStrike has a one year low of $294.68 and a one year high of $553.64. The stock has a market capitalization of $136.27 billion, a price-to-earnings ratio of -456.31, a PEG ratio of 126.59 and a beta of 1.19. The stock has a 50 day moving average price of $475.45 and a 200 day moving average price of $460.93.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last released 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 net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the firm earned $1.04 earnings per share. The company’s revenue for the quarter 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 research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on CRWD shares. Evercore ISI raised their target price on CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. Arete Research set a $706.00 price objective on CrowdStrike in a research report on Tuesday. Rosenblatt Securities restated a “buy” rating and issued a $490.00 price objective on shares of CrowdStrike in a research report on Thursday, September 18th. UBS Group cut their price objective on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, Truist Financial boosted their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.78.

Read Our Latest Analysis on CRWD

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $528.77, for a total value of $2,643,850.00. Following the completion of the sale, the director directly owned 770,456 shares in the company, valued at $407,394,019.12. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 156,840 shares of company stock worth $75,350,186 in the last 90 days. 3.32% of the stock is owned by 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.

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