Maryland State Retirement & Pension System boosted its holdings in CrowdStrike (NASDAQ:CRWD – Free Report) by 10.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,871 shares of the company’s stock after acquiring an additional 1,111 shares during the period. Maryland State Retirement & Pension System’s holdings in CrowdStrike were worth $6,046,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of CRWD. Patron Partners LLC boosted its stake in CrowdStrike by 2.1% in 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 during the period. Real Talk Capital LLC boosted its stake in CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares during the period. Tradewinds Capital Management LLC boosted its stake in CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock worth $51,000 after purchasing an additional 25 shares during the period. Close Asset Management Ltd boosted its stake in CrowdStrike by 23.8% in the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after purchasing an additional 25 shares during the period. Finally, Ramirez Asset Management Inc. boosted its stake in CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after purchasing an additional 25 shares during the period. Institutional investors own 71.16% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently commented on CRWD shares. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Wedbush reissued a “buy” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Robert W. Baird lifted their target price on shares of CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Macquarie lifted their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Finally, Daiwa Capital Markets lifted their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $493.33.
Insiders Place Their Bets
In related news, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the completion of the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 132,816 shares of company stock worth $62,606,356 in the last 90 days. 3.32% of the stock is owned by corporate insiders.
CrowdStrike Stock Down 0.2%
CRWD stock opened at $509.13 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98. The company has a fifty day simple moving average of $449.10 and a 200 day simple moving average of $443.15. The firm has a market cap of $127.77 billion, a PE ratio of -427.84, a PEG ratio of 119.83 and a beta of 1.19.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 in the previous year, the business earned $1.04 EPS. CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.
CrowdStrike 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.
Recommended Stories
- Five stocks we like better than CrowdStrike
- What is MarketRank™? How to Use it
- Why Amazon’s Prime Day May Be the Catalyst for a Year-End Rally
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Let the Good Times Roll: 2 Stocks Showing No Signs of Slowing
- Why is the Ex-Dividend Date Significant to Investors?
- Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move
Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike (NASDAQ:CRWD – Free Report).
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.