Thematics Asset Management Has $37.16 Million Stock Holdings in CrowdStrike $CRWD

Key Points

• Thematics Asset Management increased its stake in CrowdStrike by 4.2%, owning 105,384 shares valued at approximately $37 million, making it the fund's ninth largest holding.
• Insider trading activity saw Director Denis Oleary sell 15,680 shares for over $7 million, while CFO Burt W. Podbere sold nearly 12,000 shares valued at over $5 million.
• Wall Street analysts remain generally positive, with 26 ratings classified as Buy and an average price target of $460.81 for CrowdStrike stock.

Thematics Asset Management boosted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 105,384 shares of the company's stock after purchasing an additional 4,203 shares during the period. CrowdStrike accounts for about 1.9% of Thematics Asset Management's investment portfolio, making the stock its 9th biggest holding. Thematics Asset Management's holdings in CrowdStrike were worth $37,156,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Cloud Capital Management LLC bought a new stake in CrowdStrike in the first quarter valued at approximately $25,000. Vision Financial Markets LLC bought a new stake in CrowdStrike in the first quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC raised its stake 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. E Fund Management Hong Kong Co. Ltd. increased its stake 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 purchasing an additional 58 shares during the period. Finally, Neo Ivy Capital Management bought a new position in shares of CrowdStrike during the first quarter worth approximately $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the firm's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $447.09, for a total value of $2,794,312.50. Following the transaction, the director directly owned 774,761 shares in the company, valued at $346,387,895.49. The trade was a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 204,414 shares of company stock worth $96,794,738. 3.32% of the stock is owned by insiders.

CrowdStrike Price Performance

Shares of CRWD stock traded up $5.01 during trading hours on Wednesday, reaching $422.61. The company's stock had a trading volume of 7,162,327 shares, compared to its average volume of 3,675,874. The firm's 50 day simple moving average is $464.64 and its 200-day simple moving average is $427.52. The company has a market capitalization of $105.34 billion, a price-to-earnings ratio of -612.48 and a beta of 1.13. CrowdStrike has a fifty-two week low of $242.25 and a fifty-two 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.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.83 by ($0.85). CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CRWD. JMP Securities reiterated a "market outperform" rating and set a $500.00 target price on shares of CrowdStrike in a research note on Wednesday, June 4th. Evercore ISI lowered their target price on CrowdStrike from $440.00 to $425.00 and set an "in-line" rating on the stock in a research note on Monday, August 18th. Rosenblatt Securities increased their target price on CrowdStrike from $450.00 to $515.00 and gave the stock a "buy" rating in a research note on Monday, June 2nd. The Goldman Sachs Group increased their target price on CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Finally, Barclays set a $500.00 target price on CrowdStrike in a research note on Tuesday, June 3rd. Twenty-six equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $464.37.

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.