Marsico Capital Management LLC Boosts Stake in CrowdStrike $CRWD

Marsico Capital Management LLC increased its position in shares of CrowdStrike (NASDAQ:CRWD) by 101.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,267 shares of the company’s stock after buying an additional 17,759 shares during the quarter. Marsico Capital Management LLC’s holdings in CrowdStrike were worth $17,962,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after acquiring an additional 596,007 shares during the last quarter. Geode Capital Management LLC raised its position in CrowdStrike by 5.0% in the 2nd quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in CrowdStrike by 52.6% during 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 purchasing an additional 955,529 shares during the period. Goldman Sachs Group Inc. grew its position in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after purchasing an additional 760,222 shares during the last quarter. Finally, Invesco Ltd. grew its position in CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after purchasing an additional 352,473 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction that occurred 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 in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Oppenheimer upped their target price on shares of CrowdStrike from $520.00 to $560.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Barclays increased their price objective on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Berenberg Bank assumed coverage on CrowdStrike in a report on Tuesday. They issued a “hold” rating and a $600.00 target price on the stock. Royal Bank Of Canada upped their price target on CrowdStrike from $540.00 to $621.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Finally, DA Davidson lifted their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $537.49.

CrowdStrike Trading Down 3.7%

NASDAQ:CRWD opened at $501.31 on Friday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. 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 has a fifty day moving average price of $506.86 and a two-hundred day moving average price of $473.77. The stock has a market capitalization of $125.81 billion, a price-to-earnings ratio of -421.27, a PEG ratio of 122.33 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company posted $1.04 EPS. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. 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 anticipate that CrowdStrike will post 0.55 earnings per share 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.