CrowdStrike $CRWD Shares Bought by Erste Asset Management GmbH

Key Points

• Erste Asset Management GmbH increased its stake in CrowdStrike by 8.6%, owning a total of 73,325 shares valued at approximately $26 million after acquiring more shares in the first quarter.
• Several institutional investors, including Brighton Jones LLC and Kayne Anderson Rudnick Investment Management LLC, significantly increased their positions in CrowdStrike during the fourth quarter, reflecting growing investor interest.
• Despite selling 25,000 shares recently, CrowdStrike's President Michael Sentonas still holds over 422,000 shares, indicating insider confidence in the company's future performance.

Erste Asset Management GmbH raised its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 8.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,325 shares of the company's stock after purchasing an additional 5,821 shares during the quarter. Erste Asset Management GmbH's holdings in CrowdStrike were worth $26,053,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CRWD. Brighton Jones LLC grew its position 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 during the last quarter. Jump Financial LLC lifted its stake in shares of CrowdStrike by 53.2% in the 4th quarter. Jump Financial LLC now owns 1,924 shares of the company's stock worth $658,000 after acquiring an additional 668 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of CrowdStrike by 3.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company's stock valued at $96,234,000 after acquiring an additional 10,271 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of CrowdStrike by 2.6% in the fourth quarter. MML Investors Services LLC now owns 63,426 shares of the company's stock valued at $21,702,000 after acquiring an additional 1,637 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of CrowdStrike by 757.1% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 180 shares of the company's stock worth $62,000 after acquiring an additional 159 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity at CrowdStrike

In other news, President Michael Sentonas sold 25,000 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total value of $11,925,000.00. Following the sale, the president directly owned 422,204 shares in the company, valued at $201,391,308. This represents a 5.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Denis Oleary sold 15,680 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of $468.93, for a total value of $7,352,822.40. Following the sale, the director directly owned 36,906 shares in the company, valued at approximately $17,306,330.58. The trade was a 29.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 214,414 shares of company stock valued at $101,484,738 in the last ninety days. 3.32% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages recently commented on CRWD. Truist Financial restated a "buy" rating and issued a $500.00 price objective (up previously from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Jefferies Financial Group increased their target price on CrowdStrike from $520.00 to $530.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Evercore ISI reduced their price target on CrowdStrike from $440.00 to $425.00 and set an "in-line" rating for the company in a report on Monday. Raymond James Financial restated an "outperform" rating and issued a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Barclays set a $500.00 price objective on CrowdStrike in a report on Tuesday, June 3rd. Twenty-six analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $460.81.

CrowdStrike Trading Down 1.8%

NASDAQ:CRWD opened at $418.60 on Wednesday. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The stock has a fifty day simple moving average of $471.05 and a 200-day simple moving average of $427.34. The company has a market capitalization of $104.34 billion, a PE ratio of -606.67 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its 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. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the previous year, the business posted $0.93 earnings per share. The firm's quarterly revenue was up 19.8% compared to the same quarter last year. 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 expect that CrowdStrike will post 0.55 earnings per share for the current fiscal 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.

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