CrowdStrike $CRWD Holdings Cut by Beck Bode LLC

Beck Bode LLC reduced its position in shares of CrowdStrike (NASDAQ:CRWD) by 5.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 41,636 shares of the company’s stock after selling 2,576 shares during the quarter. CrowdStrike accounts for 3.6% of Beck Bode LLC’s holdings, making the stock its 4th largest holding. Beck Bode LLC’s holdings in CrowdStrike were worth $21,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. AlphaQuest LLC acquired a new stake in CrowdStrike during the second quarter worth approximately $26,000. Financial Management Professionals Inc. lifted its stake in shares of CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the period. Wealth Watch Advisors INC acquired a new stake in shares of CrowdStrike during the second quarter worth $37,000. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike in the first quarter valued at $26,000. Finally, American National Bank & Trust increased its stake in CrowdStrike by 7,900.0% in the second quarter. American National Bank & Trust now owns 80 shares of the company’s stock valued at $41,000 after purchasing an additional 79 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 0.1%

Shares of CRWD opened at $556.73 on Wednesday. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $558.98. The stock’s 50-day moving average is $492.35 and its two-hundred day moving average is $469.72. 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 stock has a market cap of $139.72 billion, a PE ratio of -467.84, a P/E/G ratio of 131.02 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last posted its 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 analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter last year, the firm 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. Equities analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on CRWD shares. The Goldman Sachs Group raised their price target on CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Truist Financial raised their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Mizuho boosted their target price on shares of CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a report on Wednesday, September 17th. Roth Capital reaffirmed a “buy” rating and set a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, Stifel Nicolaus lifted their price target on shares of CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $510.80.

Insider Activity at CrowdStrike

In related news, CFO Burt W. Podbere sold 1,957 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the sale, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. This trade represents a 0.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares in the company, valued at $38,815,405.86. This trade represents a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is currently owned by corporate insiders.

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.