Lifeworks Advisors LLC Has $596,000 Holdings in CrowdStrike $CRWD

Lifeworks Advisors LLC lifted its holdings in CrowdStrike (NASDAQ:CRWD) by 10.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,170 shares of the company’s stock after acquiring an additional 113 shares during the quarter. Lifeworks Advisors LLC’s holdings in CrowdStrike were worth $596,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of CRWD. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike in the first quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in CrowdStrike during the first quarter worth about $26,000. AlphaQuest LLC acquired a new stake in CrowdStrike during the second quarter worth about $26,000. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike during the first quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company increased their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. Macquarie increased their price objective on shares of CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Royal Bank Of Canada increased their price objective on shares of CrowdStrike from $510.00 to $540.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th. Finally, Arete Research set a $706.00 target price on shares of CrowdStrike in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus target price of $505.78.

Insider Buying and Selling at CrowdStrike

In related news, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 156,840 shares of company stock worth $75,350,186 in the last 90 days. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Stock Up 0.8%

CRWD stock opened at $543.01 on Friday. The stock has a market capitalization of $136.27 billion, a P/E ratio of -456.31, a price-to-earnings-growth ratio of 127.60 and a beta of 1.19. The company has a current ratio of 1.88, a quick 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 $553.64. The firm has a 50-day moving average price of $475.45 and a 200-day moving average price of $461.40.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 net margin of 6.84% and a negative return on equity of 1.53%. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter last 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. As a group, equities research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal 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.