1832 Asset Management L.P. Raises Position in CrowdStrike $CRWD

1832 Asset Management L.P. boosted its stake in CrowdStrike (NASDAQ:CRWD) by 165.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,500 shares of the company’s stock after buying an additional 142,900 shares during the quarter. 1832 Asset Management L.P. owned approximately 0.09% of CrowdStrike worth $80,917,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Brighton Jones LLC lifted its stake in CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in CrowdStrike by 3.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company’s stock valued at $96,234,000 after buying an additional 10,271 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in CrowdStrike by 11.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,938,331 shares of the company’s stock valued at $663,221,000 after buying an additional 206,159 shares in the last quarter. MGO One Seven LLC lifted its stake in CrowdStrike by 4.8% in the 4th quarter. MGO One Seven LLC now owns 6,442 shares of the company’s stock valued at $2,204,000 after buying an additional 296 shares in the last quarter. Finally, Coppell Advisory Solutions LLC lifted its stake in CrowdStrike by 6.0% in the 4th quarter. Coppell Advisory Solutions LLC now owns 685 shares of the company’s stock valued at $239,000 after buying an additional 39 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at CrowdStrike

In related news, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the sale, the director owned 18,858 shares in the company, valued at approximately $9,667,553.70. This trade represents a 33.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,414 shares of company stock worth $101,484,738 in the last three months. Company insiders own 3.32% of the company’s stock.

CrowdStrike Stock Up 1.6%

Shares of NASDAQ CRWD opened at $420.55 on Friday. The company has a 50 day simple moving average of $467.34 and a 200-day simple moving average of $427.49. The company has a market capitalization of $104.82 billion, a P/E ratio of -609.49 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. CrowdStrike has a 1 year low of $242.25 and a 1 year high of $517.98.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The business’s revenue was up 19.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. JMP Securities reissued a “market outperform” rating and issued a $500.00 target price on shares of CrowdStrike in a research note on Wednesday, June 4th. BMO Capital Markets raised their target price on shares of CrowdStrike from $405.00 to $500.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 4th. Oppenheimer raised their target price on shares of CrowdStrike from $410.00 to $520.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 4th. Cantor Fitzgerald raised their target price on shares of CrowdStrike from $440.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday, May 30th. Finally, Susquehanna raised their target price on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a research note on Wednesday, June 4th. Twenty-six research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $460.81.

About CrowdStrike

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.