Aberdeen Group plc Boosts Holdings in CrowdStrike $CRWD

Key Points

• Aberdeen Group plc increased its stake in CrowdStrike by 114.6% in Q1, acquiring an additional 74,882 shares, bringing its total ownership to 140,223 shares valued at approximately $48.7 million.
• Institutional investors and hedge funds now collectively own 71.16% of CrowdStrike's stock, with notable increases from other firms such as Nuveen LLC and Jennison Associates LLC during the same period.
• Analysts have set varied price targets for CrowdStrike, with a consensus rating of "Moderate Buy" and an average price target of $461.17, reflecting diverse outlooks on the company's future performance.

Aberdeen Group plc lifted its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 114.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 140,223 shares of the company's stock after purchasing an additional 74,882 shares during the quarter. Aberdeen Group plc owned about 0.06% of CrowdStrike worth $48,684,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new position in shares of CrowdStrike in the 1st quarter worth $25,000. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the first quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC lifted its position 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 purchasing an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of CrowdStrike during the first quarter valued at about $30,000. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Jefferies Financial Group upped their target price on CrowdStrike from $520.00 to $530.00 and gave the company a "buy" rating in a report on Thursday, July 24th. UBS Group restated a "buy" rating on shares of CrowdStrike in a report on Tuesday, June 3rd. Wedbush raised their target price on shares of CrowdStrike from $475.00 to $525.00 and gave the stock an "outperform" rating in a research report on Tuesday, June 3rd. Cantor Fitzgerald boosted their price target on shares of CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research report on Friday, May 30th. Finally, Roth Capital increased their price target on shares of CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. 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's stock. According to MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average price target of $460.81.

CrowdStrike Stock Up 0.1%

CrowdStrike stock traded up $0.57 during mid-day trading on Wednesday, hitting $419.17. The company had a trading volume of 2,208,565 shares, compared to its average volume of 2,686,341. CrowdStrike has a 12 month low of $242.25 and a 12 month high of $517.98. The company has a market capitalization of $104.48 billion, a PE ratio of -607.49 and a beta of 1.13. The stock's 50 day moving average price is $469.89 and its two-hundred day moving average price is $427.29. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21.

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

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Roxanne S. Austin sold 9,447 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the transaction, the director owned 18,858 shares in the company, valued at approximately $9,667,553.70. This represents a 33.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Johanna Flower sold 2,073 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total transaction of $983,037.33. Following the transaction, the director owned 81,383 shares in the company, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,414 shares of company stock valued at $101,484,738 over the last ninety days. Corporate insiders own 3.32% of the company's stock.

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.