CrowdStrike $CRWD Shares Bought by IFM Investors Pty Ltd

Key Points

• IFM Investors Pty Ltd increased its holdings in CrowdStrike by 9.8% in Q1, now owning 46,656 shares worth approximately $16.45 million.
• CrowdStrike's latest earnings report showed a 21.4% year-over-year revenue growth with earnings per share of $0.93, surpassing analysts' expectations.
• Institutional investors now own 71.16% of CrowdStrike's stock, indicating strong interest and support from large investment firms.

IFM Investors Pty Ltd increased its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 9.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,656 shares of the company's stock after purchasing an additional 4,176 shares during the quarter. IFM Investors Pty Ltd's holdings in CrowdStrike were worth $16,450,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CRWD. Brighton Jones LLC raised its stake in CrowdStrike by 44.9% in the fourth 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 during the last quarter. Schonfeld Strategic Advisors LLC raised its stake in CrowdStrike by 30.7% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 915 shares of the company's stock valued at $313,000 after buying an additional 215 shares during the last quarter. LRI Investments LLC raised its stake in CrowdStrike by 164.5% in the fourth quarter. LRI Investments LLC now owns 455 shares of the company's stock valued at $156,000 after buying an additional 283 shares during the last quarter. Lazard Asset Management LLC raised its stake in CrowdStrike by 6.5% in the fourth quarter. Lazard Asset Management LLC now owns 6,919 shares of the company's stock valued at $2,367,000 after buying an additional 424 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its stake in CrowdStrike by 4.0% in the fourth quarter. Nuveen Asset Management LLC now owns 1,686,147 shares of the company's stock valued at $576,932,000 after buying an additional 64,095 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research analyst reports. Piper Sandler decreased their price target on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a research note on Thursday, August 28th. DZ Bank upgraded CrowdStrike from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. Evercore ISI decreased their price target on CrowdStrike from $425.00 to $405.00 and set an "in-line" rating for the company in a research note on Thursday, August 28th. Scotiabank decreased their price target on CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating for the company in a research note on Thursday, August 28th. Finally, BMO Capital Markets set a $450.00 price target on CrowdStrike in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $460.10.

Insider Activity

In related news, Director Roxanne S. Austin sold 9,447 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the sale, the director directly owned 18,858 shares of the company's stock, valued at $9,667,553.70. This trade represents a 33.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director directly owned 81,383 shares in the company, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,734 shares of company stock valued at $67,337,728 over the last 90 days. Company insiders own 3.32% of the company's stock.

CrowdStrike Stock Performance

CrowdStrike stock traded up $8.51 during midday trading on Thursday, hitting $433.38. 2,408,603 shares of the company were exchanged, compared to its average volume of 3,213,036. The firm has a market capitalization of $108.76 billion, a PE ratio of -364.18, a price-to-earnings-growth ratio of 132.97 and a beta of 1.12. CrowdStrike has a fifty-two week low of $252.48 and a fifty-two week high of $517.98. The business has a fifty day simple moving average of $447.53 and a two-hundred day simple moving average of $426.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period last year, the company earned $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, sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike Company 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.