Patten Group Inc. Acquires 172 Shares of CrowdStrike $CRWD

Patten Group Inc. raised its holdings in CrowdStrike (NASDAQ:CRWD) by 3.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 5,381 shares of the company’s stock after purchasing an additional 172 shares during the quarter. Patten Group Inc.’s holdings in CrowdStrike were worth $2,741,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CRWD. Nuveen LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at $595,766,000. Jennison Associates LLC increased its stake in shares of CrowdStrike by 21.1% in 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of CrowdStrike by 52.6% in 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 during the period. Vanguard Group Inc. increased its stake in shares of CrowdStrike by 4.1% in 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 during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of CrowdStrike by 39.9% in 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 during the period. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 0.1%

Shares of CrowdStrike stock opened at $503.95 on Wednesday. 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 12 month low of $294.68 and a 12 month high of $517.98. The business has a fifty day simple moving average of $458.06 and a 200 day simple moving average of $451.22. The stock has a market cap of $126.47 billion, a PE ratio of -423.48, a price-to-earnings-growth ratio of 118.34 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 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 business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. The firm’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. Research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Analysts Set New Price Targets

CRWD has been the subject of several research reports. Barclays lifted their target price on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Daiwa Capital Markets lifted their target price on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. Truist Financial lifted their target price on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Morgan Stanley lifted their target price on CrowdStrike from $460.00 to $475.00 and gave the company an “equal weight” rating in a research note on Thursday, September 18th. Finally, BMO Capital Markets lifted their target price on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $496.47.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction 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. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 158,090 shares of company stock valued at $75,500,649. 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.