CrowdStrike $CRWD Shares Purchased by TBH Global Asset Management LLC

TBH Global Asset Management LLC lifted its position in CrowdStrike (NASDAQ:CRWD) by 19.8% in the second quarter, HoldingsChannel reports. The firm owned 1,940 shares of the company’s stock after buying an additional 320 shares during the period. TBH Global Asset Management LLC’s holdings in CrowdStrike were worth $988,000 at the end of the most recent quarter.

A number of other institutional investors 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 lifted its holdings in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares during the last quarter. GAMMA Investing LLC grew its position in CrowdStrike by 50,536.2% in the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock worth $383,132,000 after acquiring an additional 1,084,506 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake 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 worth $977,149,000 after acquiring an additional 955,529 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after purchasing an additional 908,554 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Susquehanna increased their price target on CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a report on Wednesday, June 4th. Piper Sandler lowered their target price on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Wedbush restated a “buy” rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Robert W. Baird lifted their target price on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $483.79.

Insider Activity at CrowdStrike

In related news, 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 transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the sale, the chief financial officer directly owned 220,424 shares in the company, valued at approximately $109,257,564.08. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 129,066 shares of company stock worth $60,934,078 over the last quarter. 3.32% of the stock is currently owned by insiders.

CrowdStrike Price Performance

CrowdStrike stock opened at $481.42 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52-week low of $272.67 and a 52-week high of $517.98. The firm has a market cap of $120.81 billion, a PE ratio of -404.55, a price-to-earnings-growth ratio of 113.13 and a beta of 1.12. The company’s 50 day moving average is $443.79 and its two-hundred day moving average is $435.31.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 company’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.