Nikko Asset Management Americas Inc. Sells 19,505 Shares of CrowdStrike $CRWD

Nikko Asset Management Americas Inc. reduced its stake in CrowdStrike (NASDAQ:CRWD) by 8.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 216,184 shares of the company’s stock after selling 19,505 shares during the period. CrowdStrike accounts for approximately 1.1% of Nikko Asset Management Americas Inc.’s holdings, making the stock its 24th largest holding. Nikko Asset Management Americas Inc. owned about 0.09% of CrowdStrike worth $110,040,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Advyzon Investment Management LLC grew its holdings in CrowdStrike by 142.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after buying an additional 533 shares in the last quarter. Draper Asset Management LLC increased its stake in CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after acquiring an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after buying an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of CrowdStrike in the second quarter worth about $397,000. Finally, Accel Wealth Management bought a new position in CrowdStrike in the 2nd quarter valued at approximately $269,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of several research reports. Wells Fargo & Company boosted their price target on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft lifted their target price on CrowdStrike from $435.00 to $475.00 and gave the stock a “hold” rating in a report on Wednesday, December 3rd. Canaccord Genuity Group increased their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “hold” rating in a research report on Wednesday, December 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of CrowdStrike in a report on Thursday. Finally, Zacks Research upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $554.65.

CrowdStrike Trading Down 2.5%

NASDAQ:CRWD opened at $504.78 on Friday. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The firm has a 50-day moving average price of $517.20 and a two-hundred day moving average price of $481.94. 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 firm has a market cap of $127.26 billion, a price-to-earnings ratio of -400.62, a price-to-earnings-growth ratio of 122.18 and a beta of 1.09.

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

Insider Buying and Selling

In other CrowdStrike news, CFO Burt W. Podbere sold 10,706 shares of the business’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the transaction, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. The trade was a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Denis Oleary sold 7,750 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the transaction, the director directly owned 10,816 shares of the company’s stock, valued at $5,574,999.04. This represents a 41.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 120,595 shares of company stock worth $61,294,989 in the last ninety days. Corporate insiders own 3.32% of the company’s stock.

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.