508 Shares in CrowdStrike $CRWD Purchased by Perpetual Ltd

Key Points

• Perpetual Ltd acquired 508 shares of CrowdStrike, valued at approximately $259,000, during the 2nd quarter, as part of an increasing interest from institutional investors, who now own 71.16% of the stock.
• CrowdStrike's earnings surpassed expectations, reporting $0.93 earnings per share for the last quarter, alongside a 21.4% increase in revenue year-over-year, bringing total revenue to $1.17 billion.
• Analysts maintain a favorable outlook on CrowdStrike, with a consensus rating of "Moderate Buy" and an average price target of $473.85, reflecting confidence in the company's growth potential.

Perpetual Ltd bought a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 508 shares of the company's stock, valued at approximately $259,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CRWD. Cloud Capital Management LLC bought a new stake in CrowdStrike during the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares during the period. Vision Financial Markets LLC acquired a new position in CrowdStrike in the first quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike in the first quarter worth $30,000. Institutional investors own 71.16% of the company's stock.

Insider Activity at CrowdStrike

In other news, Director Roxanne S. Austin sold 9,447 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the sale, the director directly owned 18,858 shares in the company, valued at approximately $9,667,553.70. This represents a 33.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 101,741 shares of company stock valued at $47,456,437 in the last quarter. 3.32% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have issued reports on CRWD. Susquehanna lifted their price target on CrowdStrike from $425.00 to $530.00 and gave the company a "positive" rating in a research note on Wednesday, June 4th. Morgan Stanley boosted their target price on shares of CrowdStrike from $460.00 to $475.00 and gave the company an "equal weight" rating in a research report on Thursday. Piper Sandler reduced their target price on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a report on Thursday, August 28th. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $485.00 target price (up previously from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nineteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $476.41.

CrowdStrike Trading Down 1.9%

NASDAQ:CRWD traded down $9.41 during midday trading on Monday, reaching $493.14. 3,872,883 shares of the stock traded hands, compared to its average volume of 3,994,004. The stock has a market capitalization of $123.76 billion, a P/E ratio of -414.40, a PEG ratio of 120.33 and a beta of 1.12. CrowdStrike has a 12 month low of $272.67 and a 12 month high of $517.98. 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 company has a fifty day moving average of $442.94 and a 200 day moving average of $430.74.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company's quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. On average, research analysts predict that CrowdStrike will post 0.55 EPS for the current 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.