Monetary Management Group Inc. Has $3.22 Million Stock Position in CrowdStrike $CRWD

Key Points

• Monetary Management Group Inc. increased its stake in CrowdStrike by 16.6%, owning 9,120 shares worth approximately $3.2 million.
• During the first quarter, approximately 71.16% of CrowdStrike's stock was purchased by institutional investors and hedge funds, indicating strong institutional interest.
• CrowdStrike reported quarterly earnings of $0.73 per share, exceeding analyst expectations, with revenue growth of 19.8% year-over-year.

Monetary Management Group Inc. lifted its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 16.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,120 shares of the company's stock after buying an additional 1,300 shares during the quarter. CrowdStrike comprises 0.9% of Monetary Management Group Inc.'s holdings, making the stock its 23rd biggest position. Monetary Management Group Inc.'s holdings in CrowdStrike were worth $3,216,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nuveen LLC bought a new position in shares of CrowdStrike in the first quarter worth $595,766,000. Jennison Associates LLC increased its position in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. GAMMA Investing LLC increased its position in shares of CrowdStrike by 50,536.2% in the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock worth $383,132,000 after purchasing an additional 1,084,506 shares during the period. Pathstone Holdings LLC increased its position in shares of CrowdStrike by 379.0% in the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock worth $440,116,000 after purchasing an additional 1,017,678 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Activity

In other news, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total transaction of $983,037.33. Following the sale, the director directly owned 81,383 shares of the company's stock, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction dated 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 sale, the director directly owned 18,858 shares in the company, valued at $9,667,553.70. The trade was a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 214,414 shares of company stock valued at $101,484,738. 3.32% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CRWD shares. BMO Capital Markets raised their price target on CrowdStrike from $405.00 to $500.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Westpark Capital restated a "hold" rating on shares of CrowdStrike in a research report on Thursday, June 5th. DA Davidson raised their price target on CrowdStrike from $415.00 to $530.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. UBS Group restated a "buy" rating on shares of CrowdStrike in a research report on Tuesday, June 3rd. Finally, Cantor Fitzgerald lifted their target price on CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research report on Friday, May 30th. Twenty-six research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and a consensus target price of $460.81.

CrowdStrike Price Performance

CrowdStrike stock traded up $6.49 during midday trading on Friday, reaching $420.55. The company's stock had a trading volume of 2,196,622 shares, compared to its average volume of 2,611,488. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $467.34 and a 200-day moving average price of $427.56. The stock has a market cap of $104.82 billion, a PE ratio of -609.49 and a beta of 1.13.

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