Milestone Asset Management LLC Increases Stake in CrowdStrike $CRWD

Milestone Asset Management LLC increased its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 9.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,911 shares of the company’s stock after buying an additional 531 shares during the period. Milestone Asset Management LLC’s holdings in CrowdStrike were worth $3,011,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Patron Partners LLC increased its stake in CrowdStrike by 2.1% during 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 period. Real Talk Capital LLC increased its position 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 valued at $963,000 after purchasing an additional 24 shares during the last quarter. Close Asset Management Ltd increased its position in shares of CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Ramirez Asset Management Inc. increased its position in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after purchasing an additional 25 shares during the last quarter. Finally, Cladis Investment Advisory LLC increased its position in shares of CrowdStrike by 1.5% in the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after purchasing an additional 25 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 1.6%

Shares of NASDAQ:CRWD opened at $551.92 on Tuesday. CrowdStrike has a 1-year low of $295.08 and a 1-year high of $555.81. The stock has a market cap of $138.51 billion, a P/E ratio of -463.79, a P/E/G ratio of 127.60 and a beta of 1.16. 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 has a fifty day moving average price of $478.12 and a 200 day moving average price of $463.22.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $1.04 EPS. The business’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In related news, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The shares were 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 owned 37,255 shares of the company’s stock, valued at $17,972,184.55. This trade represents a 4.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 102,690 shares of company stock worth $50,897,821. 3.32% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent analyst reports. DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective on the stock. in a research report on Wednesday, September 24th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Needham & Company LLC upped their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. Finally, Cfra restated a “hold” rating and issued a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $505.78.

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.