D.A. Davidson & CO. Trims Stock Position in CrowdStrike $CRWD

D.A. Davidson & CO. lessened its stake in shares of CrowdStrike (NASDAQ:CRWD) by 8.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,718 shares of the company’s stock after selling 3,743 shares during the period. D.A. Davidson & CO.’s holdings in CrowdStrike were worth $19,967,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Advyzon Investment Management LLC lifted its stake in CrowdStrike by 142.9% during the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after acquiring an additional 533 shares during the period. Carnegie Investment Counsel raised its holdings in shares of CrowdStrike by 6.7% during the third quarter. Carnegie Investment Counsel now owns 22,601 shares of the company’s stock worth $11,083,000 after purchasing an additional 1,428 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in shares of CrowdStrike by 394.8% during the third quarter. Silver Oak Securities Incorporated now owns 2,954 shares of the company’s stock worth $1,449,000 after purchasing an additional 2,357 shares during the last quarter. Perpetual Ltd boosted its holdings in CrowdStrike by 205.9% in the third quarter. Perpetual Ltd now owns 1,554 shares of the company’s stock valued at $762,000 after purchasing an additional 1,046 shares during the last quarter. Finally, Grant Private Wealth Management Inc purchased a new stake in CrowdStrike in the third quarter valued at $1,690,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CRWD. Cantor Fitzgerald reiterated an “overweight” rating and set a $590.00 price objective on shares of CrowdStrike in a research note on Wednesday, December 3rd. Evercore ISI lifted their price target on CrowdStrike from $430.00 to $460.00 and gave the company an “in-line” rating in a research report on Wednesday, December 3rd. Royal Bank Of Canada restated an “outperform” rating and issued a $621.00 price objective on shares of CrowdStrike in a research report on Wednesday, December 3rd. Barclays raised their price objective on shares of CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Finally, Roth Capital reiterated a “buy” rating and issued a $510.00 target price (up from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Thirty-two research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $555.10.

CrowdStrike Price Performance

CrowdStrike stock opened at $453.58 on Monday. The stock has a market capitalization of $114.35 billion, a P/E ratio of -359.98, a P/E/G ratio of 109.10 and a beta of 1.03. The company’s fifty day moving average price is $509.99 and its 200 day moving average price is $482.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the firm posted $0.93 earnings per share. The company’s revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 11,461 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $479.78, for a total transaction of $5,498,758.58. Following the completion of the sale, the president directly owned 342,655 shares in the company, valued at approximately $164,399,015.90. The trade was a 3.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 836 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $476.83, for a total value of $398,629.88. Following the completion of the transaction, the chief accounting officer owned 43,726 shares in the company, valued at approximately $20,849,868.58. This trade represents a 1.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 98,395 shares of company stock worth $49,645,217 in the last quarter. 3.32% of the stock is owned by insiders.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.