Groupe la Francaise Has $10.69 Million Holdings in CrowdStrike $CRWD

Key Points

• Groupe la Francaise has reduced its stake in CrowdStrike by 17.1% during Q1, selling 6,002 shares and now holding 29,098 shares worth approximately $10.69 million.
• Several institutional investors, including Nuveen LLC and Vanguard Group Inc., have significantly increased their stakes in CrowdStrike, with Vanguard owning over 22 million shares valued at around $8.05 billion.
• Analyst ratings for CrowdStrike remain largely positive, with 26 buy ratings and a moderate average price target of $460.81, despite some recent downgrades from other brokerages.

Groupe la Francaise trimmed its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 17.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,098 shares of the company's stock after selling 6,002 shares during the quarter. Groupe la Francaise's holdings in CrowdStrike were worth $10,692,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in CrowdStrike during the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after buying an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new position in shares of CrowdStrike in the 1st quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $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 in the 1st quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of recent research reports. Oppenheimer raised their price target on shares of CrowdStrike from $410.00 to $520.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Cfra restated a "hold" rating and issued a $555.00 price target (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Stifel Nicolaus raised their price target on shares of CrowdStrike from $480.00 to $495.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Needham & Company LLC lifted their price objective on shares of CrowdStrike from $420.00 to $530.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $485.00 price objective (up from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Twenty-six analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $464.37.

CrowdStrike Price Performance

CrowdStrike stock traded down $1.23 during trading hours on Tuesday, hitting $417.60. 3,115,623 shares of the company traded hands, compared to its average volume of 3,661,031. The firm has a market cap of $104.09 billion, a P/E ratio of -605.22 and a beta of 1.13. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The firm's 50-day simple moving average is $466.12 and its two-hundred day simple moving average is $427.59. CrowdStrike has a 1-year low of $242.25 and a 1-year high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. CrowdStrike's quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company 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, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Roxanne S. Austin sold 15,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $497.67, for a total value of $7,465,050.00. Following the transaction, the director owned 18,858 shares of the company's stock, valued at $9,385,060.86. The trade was a 44.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 25,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total transaction of $11,925,000.00. Following the completion of the transaction, the president directly owned 422,204 shares in the company, valued at $201,391,308. This represents a 5.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 204,414 shares of company stock worth $96,794,738 in the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

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.