Forum Financial Management LP Grows Stake in CrowdStrike $CRWD

Forum Financial Management LP lifted its position in CrowdStrike (NASDAQ:CRWD) by 12.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,479 shares of the company’s stock after buying an additional 162 shares during the period. Forum Financial Management LP’s holdings in CrowdStrike were worth $753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Patron Partners LLC boosted its stake in shares of CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after buying an additional 22 shares during the last quarter. Real Talk Capital LLC boosted its stake in shares of CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after buying an additional 24 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after buying an additional 25 shares during the last quarter. Close Asset Management Ltd boosted its stake in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after buying an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. boosted its stake in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Johanna Flower sold 2,347 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director owned 79,057 shares of the company’s stock, valued at $38,815,405.86. The trade was a 2.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 158,090 shares of company stock worth $75,500,649 in the last three months. 3.32% of the stock is owned by company insiders.

CrowdStrike Trading Up 4.4%

Shares of CRWD stock opened at $521.98 on Friday. CrowdStrike has a 52-week low of $294.68 and a 52-week high of $522.43. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market capitalization of $131.00 billion, a PE ratio of -438.63, a PEG ratio of 117.52 and a beta of 1.19. The stock has a fifty day simple moving average of $461.36 and a two-hundred day simple moving average of $452.92.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly 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 business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business posted $1.04 EPS. CrowdStrike’s revenue for the quarter 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. On average, analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Citigroup restated an “outperform” rating on shares of CrowdStrike in a research note on Tuesday, September 23rd. Piper Sandler decreased their target price on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $440.00 to $600.00 in a report on Thursday, September 25th. Mizuho raised their target price on CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, September 17th. Finally, Cfra reaffirmed a “hold” rating and issued a $555.00 target price (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued 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 company has an average rating of “Moderate Buy” and an average target price of $496.47.

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.