Meiji Yasuda Asset Management Co Ltd. Has $4.19 Million Holdings in CrowdStrike $CRWD

Meiji Yasuda Asset Management Co Ltd. cut its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,878 shares of the company’s stock after selling 938 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in CrowdStrike were worth $4,188,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of CRWD. Sender Co & Partners Inc. grew its position in shares of CrowdStrike by 104.4% in the 1st quarter. Sender Co & Partners Inc. now owns 5,213 shares of the company’s stock valued at $1,838,000 after purchasing an additional 2,663 shares during the period. Kestra Investment Management LLC lifted its stake in CrowdStrike by 202.1% in the first quarter. Kestra Investment Management LLC now owns 2,580 shares of the company’s stock valued at $910,000 after buying an additional 1,726 shares in the last quarter. Resources Management Corp CT ADV boosted its holdings in shares of CrowdStrike by 0.7% in the first quarter. Resources Management Corp CT ADV now owns 13,621 shares of the company’s stock valued at $4,803,000 after buying an additional 89 shares during the period. UniSuper Management Pty Ltd increased its position in shares of CrowdStrike by 10.5% during the first quarter. UniSuper Management Pty Ltd now owns 49,302 shares of the company’s stock worth $17,383,000 after acquiring an additional 4,700 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its holdings in shares of CrowdStrike by 13.1% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 58,555 shares of the company’s stock worth $20,645,000 after acquiring an additional 6,797 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. DA Davidson reduced their target price on shares of CrowdStrike from $530.00 to $490.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. JMP Securities reaffirmed a “market outperform” rating and set a $500.00 price objective on shares of CrowdStrike in a research report on Wednesday, June 4th. Canaccord Genuity Group decreased their price objective on CrowdStrike from $475.00 to $430.00 and set a “hold” rating for the company in a report on Thursday, August 28th. DZ Bank upgraded CrowdStrike from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 28th. Finally, Needham & Company LLC decreased their price target on shares of CrowdStrike from $530.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $460.10.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $428.06 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock’s 50-day simple moving average is $451.94 and its 200 day simple moving average is $426.29. The company has a market cap of $107.43 billion, a P/E ratio of -359.71, a P/E/G ratio of 130.70 and a beta of 1.12. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98.

CrowdStrike (NASDAQ:CRWD) last released its earnings results 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. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, sell-side analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director owned 81,383 shares of the company’s stock, valued at approximately $38,592,632.43. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the sale, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 178,734 shares of company stock valued at $84,087,728 in the last quarter. 3.32% of the stock is currently owned by corporate insiders.

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.