Canada Pension Plan Investment Board Has $11.69 Million Stock Holdings in CrowdStrike $CRWD

Key Points

• The Canada Pension Plan Investment Board increased its stake in CrowdStrike by 555.1% during the first quarter, bringing its total holdings to $11.69 million.
• CrowdStrike's stock recently fell by 2.4%, trading at $413.50, while the company has a market cap of $103.06 billion and a price-to-earnings ratio of -347.48.
• Institutional investors currently hold 71.16% of CrowdStrike's stock, and several analysts have given it a consensus rating of "Moderate Buy" with a target price of around $460.

Canada Pension Plan Investment Board raised its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 555.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,144 shares of the company's stock after acquiring an additional 28,085 shares during the period. Canada Pension Plan Investment Board's holdings in CrowdStrike were worth $11,686,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike during the first quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC boosted its position in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after buying an additional 40 shares during the period. Vision Financial Markets LLC acquired a new position in shares of CrowdStrike during the first quarter worth approximately $26,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after buying an additional 58 shares during the period. Finally, Neo Ivy Capital Management acquired a new position in shares of CrowdStrike during the first quarter worth approximately $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 2.4%

NASDAQ:CRWD traded down $10.20 during trading hours on Tuesday, hitting $413.50. 3,756,360 shares of the stock traded hands, compared to its average volume of 3,368,027. The firm has a 50 day moving average price of $458.67 and a 200 day moving average price of $427.00. The company has a current ratio of 1.88, a quick ratio of 1.85 and a debt-to-equity ratio of 0.20. CrowdStrike has a fifty-two week low of $242.25 and a fifty-two week high of $517.98. The firm has a market cap of $103.06 billion, a price-to-earnings ratio of -347.48 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) 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 the consensus estimate of $1.15 billion. During the same period in the prior year, the business posted $1.04 earnings per share. CrowdStrike's revenue for the quarter 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. Equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the sale, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction on 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 completion of the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at $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 188,164 shares of company stock valued at $88,876,050 in the last three months. Company insiders own 3.32% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Canaccord Genuity Group reduced their price objective on CrowdStrike from $475.00 to $430.00 and set a "hold" rating for the company in a research report on Thursday, August 28th. Cfra restated a "hold" rating and issued a $555.00 target price (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. BMO Capital Markets set a $450.00 target price on CrowdStrike in a research report on Thursday, August 28th. Macquarie restated a "neutral" rating and issued a $465.00 target price on shares of CrowdStrike in a research report on Friday. Finally, UBS Group cut their target price on CrowdStrike from $545.00 to $500.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. Twenty-four equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $460.10.

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.