Robertson Stephens Wealth Management LLC Increases Holdings in CrowdStrike $CRWD

Robertson Stephens Wealth Management LLC grew its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 11.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,171 shares of the company’s stock after purchasing an additional 123 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in CrowdStrike were worth $596,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike during the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of 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 acquiring an additional 40 shares during the period. Vision Financial Markets LLC bought a new position in shares of CrowdStrike during the 1st quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of 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 during the period. Finally, Neo Ivy Capital Management bought a new position in shares of CrowdStrike during the 1st quarter worth $30,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Jefferies Financial Group increased their price target on CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Daiwa Capital Markets increased their price target on CrowdStrike from $475.00 to $530.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 24th. Stifel Nicolaus increased their price target on CrowdStrike from $495.00 to $515.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Cfra reiterated a “hold” rating and set a $555.00 price target (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $493.33.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $493.66 on Friday. The business’s 50-day moving average price is $450.04 and its two-hundred day moving average price is $444.40. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $517.98. The stock has a market cap of $123.89 billion, a P/E ratio of -414.84, a PEG ratio of 116.00 and a beta of 1.19. 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 (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period last year, the firm posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, equities analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated 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 directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 157,816 shares of company stock valued at $75,331,356. 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.