Grant Private Wealth Management Inc Purchases Shares of 3,446 CrowdStrike $CRWD

Grant Private Wealth Management Inc purchased a new stake in CrowdStrike (NASDAQ:CRWD) during the 3rd quarter, Holdings Channel reports. The firm purchased 3,446 shares of the company’s stock, valued at approximately $1,690,000. CrowdStrike accounts for 1.0% of Grant Private Wealth Management Inc’s portfolio, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Investment Group LLC grew its holdings in CrowdStrike by 0.7% in the 3rd quarter. Renaissance Investment Group LLC now owns 27,432 shares of the company’s stock worth $13,452,000 after buying an additional 178 shares in the last quarter. Sonora Investment Management Group LLC boosted its position in CrowdStrike by 13.9% during the 3rd quarter. Sonora Investment Management Group LLC now owns 2,201 shares of the company’s stock worth $1,079,000 after acquiring an additional 268 shares during the period. Sanders Morris Harris LLC bought a new position in shares of CrowdStrike in the third quarter worth $353,000. Mirador Capital Partners LP grew its stake in shares of CrowdStrike by 4.4% in the third quarter. Mirador Capital Partners LP now owns 3,784 shares of the company’s stock worth $1,856,000 after purchasing an additional 158 shares in the last quarter. Finally, Nova Wealth Management Inc. increased its holdings in shares of CrowdStrike by 5.4% during the third quarter. Nova Wealth Management Inc. now owns 428 shares of the company’s stock valued at $210,000 after purchasing an additional 22 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the sale, the director owned 765,456 shares in the company, valued at approximately $421,153,891.20. The trade was a 0.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 120,595 shares of company stock worth $61,294,989 in the last three months. Insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 0.2%

CrowdStrike stock opened at $488.53 on Wednesday. The firm has a market cap of $123.16 billion, a price-to-earnings ratio of -387.72, a price-to-earnings-growth ratio of 117.99 and a beta of 1.09. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The firm’s 50 day moving average price is $517.11 and its two-hundred day moving average price is $482.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.02. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The company’s revenue was up 21.8% compared to the same quarter last year. During the same period last year, the company posted $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on CRWD. Macquarie reaffirmed a “neutral” rating and issued a $485.00 price objective on shares of CrowdStrike in a report on Wednesday, December 3rd. Morgan Stanley boosted their price target on shares of CrowdStrike from $475.00 to $515.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Stephens increased their price objective on shares of CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, October 9th. Oppenheimer boosted their target price on CrowdStrike from $560.00 to $580.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Finally, Bank of America upped their target price on CrowdStrike from $470.00 to $535.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $554.65.

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.