NorthRock Partners LLC Grows Stake in CrowdStrike $CRWD

NorthRock Partners LLC increased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 29.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,471 shares of the company’s stock after purchasing an additional 1,471 shares during the quarter. NorthRock Partners LLC’s holdings in CrowdStrike were worth $3,296,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CRWD. Nuveen LLC purchased a new stake in shares of CrowdStrike during the first quarter worth about $595,766,000. Jennison Associates LLC grew its holdings in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after buying an additional 955,529 shares in the last quarter. Vanguard Group Inc. grew its holdings in CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after buying an additional 908,554 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after buying an additional 760,222 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. New Street Research set a $460.00 price target on CrowdStrike in a report on Thursday, August 28th. Capital One Financial raised their price target on CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Cantor Fitzgerald raised their price target on CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Citigroup restated an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. Finally, BTIG Research restated a “buy” rating and set a $489.00 price target on shares of CrowdStrike in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $493.33.

CrowdStrike Trading Down 3.0%

CRWD stock opened at $493.66 on Monday. 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 firm’s 50-day moving average is $450.04 and its 200 day moving average is $444.95. The company has a market capitalization of $123.89 billion, a PE ratio of -414.84, a P/E/G ratio of 116.01 and a beta of 1.19. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results 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 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%.CrowdStrike’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company 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. On average, research analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total transaction of $850,006.42. Following the completion of the sale, the chief accounting officer directly owned 37,255 shares of the company’s stock, valued at $17,972,184.55. The trade was a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 157,816 shares of company stock worth $75,331,356 over the last quarter. Insiders own 3.32% of the company’s stock.

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.