First Financial Bankshares Inc Makes New Investment in CrowdStrike $CRWD

First Financial Bankshares Inc bought a new position in CrowdStrike (NASDAQ:CRWD - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 865 shares of the company's stock, valued at approximately $305,000.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of CrowdStrike by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock worth $8,051,011,000 after acquiring an additional 908,554 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after acquiring an additional 1,144,295 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock worth $939,747,000 after acquiring an additional 760,222 shares in the last quarter. Invesco Ltd. boosted its stake in shares of CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock worth $883,713,000 after acquiring an additional 352,473 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of CrowdStrike by 23.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,383,943 shares of the company's stock worth $840,532,000 after acquiring an additional 445,612 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $423.70 on Tuesday. The business has a 50 day moving average price of $460.11 and a 200 day moving average price of $427.09. CrowdStrike has a twelve month low of $242.25 and a twelve month high of $517.98. The company has a market cap of $105.61 billion, a price-to-earnings ratio of -356.05 and a beta of 1.12. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the company earned $1.04 EPS. The company's quarterly 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. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling

In other CrowdStrike news, Director Roxanne S. Austin sold 9,447 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the sale, the director owned 18,858 shares in the company, valued at approximately $9,667,553.70. This trade represents a 33.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the director owned 774,761 shares of the company's stock, valued at $346,387,895.49. This represents a 0.80% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 188,164 shares of company stock worth $88,876,050. 3.32% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. BMO Capital Markets set a $450.00 price target on CrowdStrike in a research note on Thursday. Piper Sandler decreased their price target on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a research note on Thursday, August 28th. Barclays set a $500.00 price target on CrowdStrike in a research note on Tuesday, June 3rd. New Street Research set a $460.00 target price on CrowdStrike in a research note on Thursday. Finally, DZ Bank upgraded CrowdStrike from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. Twenty-four equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $460.10.

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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