Petros Family Wealth LLC Increases Position in CrowdStrike $CRWD

Petros Family Wealth LLC lifted its position in shares of CrowdStrike (NASDAQ:CRWD) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,379 shares of the company’s stock after acquiring an additional 34 shares during the quarter. CrowdStrike accounts for approximately 1.1% of Petros Family Wealth LLC’s portfolio, making the stock its 25th largest holding. Petros Family Wealth LLC’s holdings in CrowdStrike were worth $1,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. lifted its holdings in shares of CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at $25,000. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the 1st quarter worth $26,000. Atlantic Edge Private Wealth Management LLC increased its stake in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 58 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of CRWD opened at $489.88 on Monday. CrowdStrike has a 12-month low of $283.80 and a 12-month high of $517.98. The business’s fifty day moving average is $446.22 and its 200 day moving average is $440.50. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a market cap of $122.94 billion, a P/E ratio of -411.66, a P/E/G ratio of 115.12 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued 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 return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the business earned $1.04 EPS. CrowdStrike’s quarterly revenue 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. Sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 2,234 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.68, for a total value of $1,107,349.12. Following the transaction, the chief accounting officer owned 39,017 shares in the company, valued at approximately $19,339,946.56. This trade represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 132,816 shares of company stock worth $62,606,356. 3.32% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Needham & Company LLC boosted their price objective on CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Canaccord Genuity Group boosted their target price on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. Wedbush reissued a “buy” rating on shares of CrowdStrike in a report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft increased their target price on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research report on Thursday, September 18th. Finally, Piper Sandler lowered their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $487.11.

About CrowdStrike

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.