CrowdStrike $CRWD Shares Bought by Gotham Asset Management LLC

Key Points

• Gotham Asset Management LLC has increased its stake in CrowdStrike by 2.1%, now owning a total of 68,292 shares valued at approximately $24 million.
• Insider selling activity includes notable transactions by directors Johanna Flower and Roxanne S. Austin, decreasing their ownership percentages by 2.48% and 33.38%, respectively.
• CrowdStrike reported a 21.4% year-over-year increase in quarterly revenue, with earnings per share of $0.93, surpassing analyst expectations.

Gotham Asset Management LLC grew its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 2.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,292 shares of the company's stock after buying an additional 1,426 shares during the quarter. Gotham Asset Management LLC's holdings in CrowdStrike were worth $24,078,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. EFG Asset Management North America Corp. raised its stake in CrowdStrike by 1.5% in the first quarter. EFG Asset Management North America Corp. now owns 8,504 shares of the company's stock valued at $2,998,000 after buying an additional 122 shares in the last quarter. Eventide Asset Management LLC raised its stake in CrowdStrike by 1.1% during the first quarter. Eventide Asset Management LLC now owns 47,013 shares of the company's stock worth $16,580,000 after acquiring an additional 493 shares during the period. Curi RMB Capital LLC boosted its holdings in shares of CrowdStrike by 35.8% in the first quarter. Curi RMB Capital LLC now owns 49,939 shares of the company's stock valued at $17,608,000 after acquiring an additional 13,173 shares in the last quarter. Banque Transatlantique SA lifted its position in shares of CrowdStrike by 17,990.0% in the 1st quarter. Banque Transatlantique SA now owns 1,809 shares of the company's stock valued at $589,000 after acquiring an additional 1,799 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in CrowdStrike by 34.5% in the 1st quarter. AQR Capital Management LLC now owns 168,686 shares of the company's stock worth $57,757,000 after purchasing an additional 43,237 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Price Performance

CRWD traded up $10.43 on Monday, reaching $428.06. The company had a trading volume of 2,536,443 shares, compared to its average volume of 3,711,221. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a one year low of $242.25 and a one year high of $517.98. The company has a market capitalization of $107.43 billion, a P/E ratio of -359.71, a PEG ratio of 130.70 and a beta of 1.12. The company has a fifty day moving average of $453.56 and a 200-day moving average of $426.14.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business's revenue was up 21.4% on a year-over-year basis. During the same period last year, the business earned $1.04 earnings per share. 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, equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a research report on Thursday, August 28th. New Street Research set a $460.00 price target on CrowdStrike in a report on Thursday, August 28th. DA Davidson decreased their price objective on CrowdStrike from $530.00 to $490.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. DZ Bank upgraded shares of CrowdStrike from a "strong sell" rating to a "hold" rating in a report on Thursday, August 28th. Finally, Morgan Stanley reduced their price objective on shares of CrowdStrike from $495.00 to $460.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 28th. One research 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 company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $460.10.

Insiders Place Their Bets

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 value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $447.09, for a total value of $2,794,312.50. Following the sale, the director owned 774,761 shares of the company's stock, valued at approximately $346,387,895.49. This represents a 0.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 172,484 shares of company stock worth $81,523,228 in the last quarter. Company insiders own 3.32% of the company's stock.

About CrowdStrike

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.