Johnson Investment Counsel Inc. Buys 743 Shares of CrowdStrike $CRWD

Key Points

• Johnson Investment Counsel Inc. increased its stake in CrowdStrike by 86.4%, acquiring an additional 743 shares to hold a total of 1,603 shares valued at $816,000.
• Institutional investors own 71.16% of CrowdStrike stock, with several large investors, including Vanguard and Goldman Sachs, making significant increases to their holdings in the first quarter.
• Analysts have generally upgraded their ratings for CrowdStrike, with Goldman Sachs raising its target price to $535.00 and Scotiabank increasing theirs to $600.00, reflecting a consensus rating of "Moderate Buy".

Johnson Investment Counsel Inc. boosted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 86.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,603 shares of the company's stock after acquiring an additional 743 shares during the quarter. Johnson Investment Counsel Inc.'s holdings in CrowdStrike were worth $816,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CRWD. Vanguard Group Inc. boosted its position in shares of CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after buying an additional 908,554 shares during the period. Jennison Associates LLC boosted its position in shares of CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after buying an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after buying an additional 955,529 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of CrowdStrike by 39.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after buying an additional 760,222 shares during the period. Finally, Invesco Ltd. boosted its position in shares of CrowdStrike by 16.4% during the first quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock valued at $883,713,000 after buying an additional 352,473 shares during the period. 71.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group boosted their target price on CrowdStrike from $492.00 to $535.00 and gave the company a "buy" rating in a research report on Friday, September 19th. Scotiabank upgraded CrowdStrike from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. Evercore ISI boosted their price target on CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Capital One Financial boosted their price target on CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $494.02.

CrowdStrike Stock Down 3.9%

CrowdStrike stock opened at $488.94 on Wednesday. The business has a fifty day moving average of $452.06 and a two-hundred day moving average of $446.31. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm has a market cap of $122.70 billion, a P/E ratio of -410.87, a P/E/G ratio of 119.52 and a beta of 1.19. CrowdStrike has a twelve month low of $294.68 and a twelve month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike's revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior 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. On average, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares of the company's stock, valued at approximately $315,335,433.52. This represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 155,743 shares of company stock valued at $74,348,319. Company 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.

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