Welch Group LLC Purchases New Stake in CrowdStrike $CRWD

Welch Group LLC purchased a new stake in CrowdStrike (NASDAQ:CRWD) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 468 shares of the company’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. increased 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 during the last quarter. Cloud Capital Management LLC purchased a new stake in CrowdStrike in the first quarter valued at $25,000. Vision Financial Markets LLC purchased a new stake in CrowdStrike in the first quarter valued at $26,000. Atlantic Edge Private Wealth Management LLC raised its position in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after purchasing an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. raised its position in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, President Michael Sentonas sold 20,000 shares of the business’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 completion of the transaction, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. The trade was a 5.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the transaction, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 155,743 shares of company stock valued at $74,348,319. Company insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of research analyst reports. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. Capital One Financial lifted their target price on CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Roth Capital restated a “buy” rating and issued a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. Stifel Nicolaus lifted their target price on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Finally, Citigroup restated an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $494.02.

CrowdStrike Price Performance

CRWD stock opened at $508.61 on Tuesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $127.64 billion, a PE ratio of -427.40, 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. The business’s fifty day moving average price is $451.12 and its 200 day moving average price is $446.01.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.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 business earned $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, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

CrowdStrike 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.