Corient Private Wealth LLC Has $16.38 Million Stock Position in CrowdStrike $CRWD

Corient Private Wealth LLC lifted its position in CrowdStrike (NASDAQ:CRWD) by 4.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,154 shares of the company’s stock after acquiring an additional 1,487 shares during the period. Corient Private Wealth LLC’s holdings in CrowdStrike were worth $16,376,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Patron Partners LLC grew its position 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 purchasing an additional 22 shares in the last quarter. Real Talk Capital LLC grew its holdings in shares of CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after buying an additional 24 shares in the last quarter. Eagle Wealth Strategies LLC raised its position in CrowdStrike by 4.1% during the second quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock valued at $321,000 after buying an additional 25 shares during the period. OLD National Bancorp IN lifted its stake in CrowdStrike by 3.6% in the 2nd quarter. OLD National Bancorp IN now owns 728 shares of the company’s stock worth $371,000 after acquiring an additional 25 shares in the last quarter. Finally, Cypress Wealth Services LLC lifted its stake in CrowdStrike by 3.9% in the 2nd quarter. Cypress Wealth Services LLC now owns 666 shares of the company’s stock worth $339,000 after acquiring an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of several research analyst reports. New Street Research set a $460.00 target price on CrowdStrike in a research note on Thursday, August 28th. 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. The Goldman Sachs Group upped their price objective on shares of CrowdStrike from $535.00 to $564.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Barclays lifted their target price on shares of CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Finally, Zacks Research upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $554.65.

CrowdStrike Trading Down 3.8%

Shares of NASDAQ:CRWD opened at $470.02 on Thursday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $118.49 billion, a PE ratio of -373.03, a P/E/G ratio of 118.25 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 has a fifty day moving average price of $516.31 and a 200 day moving average price of $482.30.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. The company had revenue of $1.23 billion for 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 business’s revenue was up 21.8% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 6,975 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the completion of the sale, the chief executive officer owned 2,108,082 shares of the company’s stock, valued at $1,159,213,210.98. This represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Johanna Flower sold 2,347 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the transaction, the director owned 79,057 shares in the company, valued at approximately $38,815,405.86. This trade represents a 2.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 120,595 shares of company stock worth $61,294,989. 3.32% of the stock is currently owned by company insiders.

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.