M3 Advisory Group LLC Reduces Stock Holdings in CrowdStrike $CRWD

by · The Cerbat Gem

M3 Advisory Group LLC reduced its stake in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 904 shares of the company’s stock after selling 34 shares during the quarter. M3 Advisory Group LLC’s holdings in CrowdStrike were worth $460,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of CRWD. Brighton Jones LLC raised its holdings in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares during the period. GAMMA Investing LLC raised its holdings in shares of CrowdStrike by 43.6% during the 1st quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock valued at $1,087,000 after buying an additional 936 shares during the period. CX Institutional purchased a new stake in shares of CrowdStrike during the 1st quarter valued at about $175,000. Goldstone Financial Group LLC raised its holdings in shares of CrowdStrike by 42.7% during the 1st quarter. Goldstone Financial Group LLC now owns 1,022 shares of the company’s stock valued at $360,000 after buying an additional 306 shares during the period. Finally, Tritonpoint Wealth LLC increased its holdings in CrowdStrike by 13.6% during the 1st quarter. Tritonpoint Wealth LLC now owns 735 shares of the company’s stock worth $259,000 after purchasing an additional 88 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Trading Down 3.0%

NASDAQ:CRWD opened at $493.66 on Monday. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The firm has a market capitalization of $123.89 billion, a P/E ratio of -414.84, a P/E/G ratio of 116.01 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The business has a 50 day simple moving average of $450.04 and a 200 day simple moving average of $444.95.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings data 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.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 previous year, the firm posted $1.04 EPS. The business’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 predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In related news, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 157,816 shares of company stock worth $75,331,356. 3.32% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. New Street Research set a $460.00 price objective on CrowdStrike in a report on Thursday, August 28th. DZ Bank downgraded CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective on the stock. in a report on Wednesday, September 24th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. Cfra restated a “hold” rating and set a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Finally, BTIG Research restated a “buy” rating and set a $489.00 price objective on shares of CrowdStrike in a report on Thursday, September 18th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $493.33.

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CrowdStrike 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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