Asio Capital LLC Buys 3,173 Shares of CrowdStrike $CRWD

Asio Capital LLC lifted its stake in CrowdStrike (NASDAQ:CRWD) by 32.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 12,909 shares of the company’s stock after buying an additional 3,173 shares during the quarter. Asio Capital LLC’s holdings in CrowdStrike were worth $6,330,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC lifted its holdings in CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after buying an additional 4,285,640 shares during the period. Norges Bank purchased a new position in shares of CrowdStrike during the 2nd quarter worth approximately $1,638,365,000. Vestor Capital LLC raised its position in shares of CrowdStrike by 269,840.3% in the 2nd quarter. Vestor Capital LLC now owns 977,184 shares of the company’s stock worth $497,690,000 after acquiring an additional 976,822 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after acquiring an additional 955,529 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of CrowdStrike by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock valued at $11,933,425,000 after purchasing an additional 596,007 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Bank of America raised their price objective on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research report on Monday, October 20th. KeyCorp lifted their price target on shares of CrowdStrike from $510.00 to $570.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Zacks Research upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft raised their target price on shares of CrowdStrike from $435.00 to $475.00 and gave the company a “hold” rating in a research note on Wednesday, December 3rd. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $500.00 price target on shares of CrowdStrike in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $555.10.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 10,516 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $483.33, for a total value of $5,082,698.28. Following the transaction, the chief financial officer directly owned 179,114 shares in the company, valued at $86,571,169.62. This trade represents a 5.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 1,879 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $527.51, for a total value of $991,191.29. Following the sale, the director owned 763,027 shares of the company’s stock, valued at approximately $402,504,372.77. This trade represents a 0.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,559 shares of company stock worth $59,246,587 in the last 90 days. Insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

CRWD opened at $476.35 on Friday. The company’s 50-day simple moving average is $514.35 and its two-hundred day simple moving average is $482.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market capitalization of $120.09 billion, a P/E ratio of -378.06, a P/E/G ratio of 114.76 and a beta of 1.09. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90.

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

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.