Federation des caisses Desjardins du Quebec Increases Position in CrowdStrike $CRWD

Key Points

• The Federation des caisses Desjardins du Quebec increased its stock position in CrowdStrike by 33.0% in Q1, bringing their total shares owned to 15,474, valued at approximately $5.46 million.
• Institutional investors hold about 71.16% of CrowdStrike's stock, with several funds making new investments in the company during the same quarter.
• CrowdStrike reported $1.17 billion in revenue for the quarter, exceeding estimates and showing a 21.4% increase year-over-year.

Federation des caisses Desjardins du Quebec increased its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 33.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,474 shares of the company's stock after acquiring an additional 3,838 shares during the period. Federation des caisses Desjardins du Quebec's holdings in CrowdStrike were worth $5,456,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of CRWD. Brighton Jones LLC boosted its stake in CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after acquiring an additional 2,417 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in CrowdStrike by 30.7% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 915 shares of the company's stock worth $313,000 after acquiring an additional 215 shares in the last quarter. Baird Financial Group Inc. boosted its stake in CrowdStrike by 50.8% during the fourth quarter. Baird Financial Group Inc. now owns 40,316 shares of the company's stock worth $13,795,000 after acquiring an additional 13,576 shares in the last quarter. Captrust Financial Advisors boosted its stake in CrowdStrike by 2.7% during the fourth quarter. Captrust Financial Advisors now owns 55,654 shares of the company's stock worth $19,043,000 after acquiring an additional 1,450 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in CrowdStrike by 1.5% during the fourth quarter. Cetera Investment Advisers now owns 158,584 shares of the company's stock worth $54,261,000 after acquiring an additional 2,352 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

CrowdStrike stock traded up $5.17 during midday trading on Friday, reaching $417.63. 2,167,665 shares of the company traded hands, compared to its average volume of 3,303,641. The firm has a market capitalization of $104.09 billion, a price-to-earnings ratio of -350.95, a price-to-earnings-growth ratio of 129.08 and a beta of 1.12. The business has a 50 day moving average of $453.56 and a two-hundred day moving average of $426.37. CrowdStrike has a 12 month low of $242.25 and a 12 month high of $517.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the prior year, the company earned $1.04 earnings per share. The firm's revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on CRWD shares. Mizuho dropped their target price on shares of CrowdStrike from $450.00 to $430.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. Piper Sandler dropped their target price on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. BMO Capital Markets set a $450.00 target price on shares of CrowdStrike in a research note on Thursday, August 28th. Jefferies Financial Group dropped their target price on shares of CrowdStrike from $530.00 to $500.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. Finally, Truist Financial reiterated a "buy" rating and issued a $500.00 target price (up previously from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. One investment 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 MarketBeat.com, CrowdStrike has a consensus rating of "Moderate Buy" and an average target price of $460.10.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Johanna Flower sold 2,073 shares of the company's 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 completion of the sale, the director directly owned 81,383 shares of the company's stock, valued at approximately $38,592,632.43. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the sale, the chief executive officer directly owned 2,132,887 shares of the company's stock, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 188,164 shares of company stock valued at $88,876,050 in the last quarter. Insiders own 3.32% of the company's stock.

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.