Thoroughbred Financial Services LLC Has $6.35 Million Position in CrowdStrike $CRWD

Thoroughbred Financial Services LLC lessened its stake in shares of CrowdStrike (NASDAQ:CRWD) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,475 shares of the company’s stock after selling 855 shares during the period. Thoroughbred Financial Services LLC’s holdings in CrowdStrike were worth $6,354,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. AlphaQuest LLC acquired a new position in CrowdStrike in the second quarter valued at about $26,000. Financial Management Professionals Inc. increased its holdings in CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after buying an additional 34 shares during the period. Wealth Watch Advisors INC acquired a new position in shares of CrowdStrike in the 2nd quarter valued at approximately $37,000. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter worth approximately $26,000. Finally, American National Bank & Trust boosted its position in shares of CrowdStrike by 7,900.0% during the 2nd quarter. American National Bank & Trust now owns 80 shares of the company’s stock worth $41,000 after acquiring an additional 79 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on CRWD. New Street Research set a $460.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. Bank of America upped their price objective on CrowdStrike from $470.00 to $535.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Barclays raised their price objective on CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research note on Friday. Morgan Stanley lifted their target price on CrowdStrike from $475.00 to $515.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Robert W. Baird increased their target price on shares of CrowdStrike from $490.00 to $550.00 and gave the stock a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $516.93.

Insider Buying and Selling

In other news, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the transaction, the president owned 354,116 shares in the company, valued at approximately $182,369,740. The trade was a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the transaction, the director owned 79,057 shares in the company, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 116,622 shares of company stock valued at $58,561,456 over the last quarter. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $537.55 on Friday. The stock’s 50-day moving average is $499.74 and its 200-day moving average is $471.46. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. 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 stock has a market cap of $134.90 billion, a P/E ratio of -451.72, a price-to-earnings-growth ratio of 124.49 and a beta of 1.16.

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. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business earned $1.04 EPS. The firm’s quarterly 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. Equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

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.