Legal & General Group Plc Sells 73,185 Shares of CrowdStrike $CRWD

Key Points

• Legal & General Group Plc trimmed its stake in CrowdStrike by 3.8%, selling 73,185 shares and ending the quarter with 1,834,877 shares (≈0.73% of the company) valued at about $899.8 million.
• Q4 beat: CrowdStrike reported EPS of $1.12 (vs. $1.10 expected) and revenue of $1.31 billion, up 23.8% year-over-year, with strong adoption of the Falcon Flex subscription helping drive a multi-day rally.
• Insider selling and valuation watch: Insiders sold 90,068 shares (~$40.4M) last quarter including CEO George Kurtz, while analysts are mostly positive (consensus "Moderate Buy", avg. target ~$505.98) yet caution that CrowdStrike's premium valuation is a risk.

Legal & General Group Plc lowered its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,834,877 shares of the company's stock after selling 73,185 shares during the period. Legal & General Group Plc owned 0.73% of CrowdStrike worth $899,787,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Asset Planning Inc bought a new position in CrowdStrike in the 3rd quarter worth approximately $25,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of CrowdStrike during the third quarter worth $25,000. Howard Hughes Medical Institute bought a new position in shares of CrowdStrike in the second quarter worth $27,000. Pinnacle Bancorp Inc. bought a new position in shares of CrowdStrike in the third quarter worth $27,000. Finally, Financial Gravity Companies Inc. purchased a new position in shares of CrowdStrike in the second quarter valued at $33,000. Institutional investors own 71.16% of the company's stock.

Key CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Q4 beat and guidance momentum: CrowdStrike’s Q4 results topped expectations and the company highlighted strong adoption of its Falcon Flex subscription, which helped spark a multi-day rally and a meaningful market-cap increase. CrowdStrike Stock Hits $428: Why This Earnings Beat Is A Game Changer
• Positive Sentiment: Industry tailwinds: Analysts note broader security spending is rising as data breaches and geopolitical risk push enterprises to buy comprehensive solutions, benefiting leaders like CrowdStrike. 4 Security Stocks to Watch Amid the Flourishing Industry Trend
• Positive Sentiment: Geographic expansion/partnership: CrowdStrike announced a tie-up with STACKIT to pursue GDPR-focused growth in Europe, supporting international ARR expansion. CrowdStrike Taps STACKIT To Pursue GDPR Focused Growth In Europe
• Positive Sentiment: Analyst / bank commentary tilting constructive: Scotiabank published a positive outlook on CrowdStrike’s earnings cadence, adding support to the bullish narrative. Scotiabank Issues Positive Outlook for CrowdStrike Earnings
• Neutral Sentiment: Sell-side stance mixed: Mizuho issued a “Hold” on CRWD after the results — a neutral signal that may limit upside from some institutional holders. CrowdStrike Gets a Hold from Mizuho Securities
• Neutral Sentiment: Short-interest data appears anomalous: Recent reporting shows 0 shares of short interest and a 0.0 days-to-cover figure, suggesting a data/reporting glitch rather than meaningful short-covering pressure.
• Negative Sentiment: Valuation caution: Coverage highlights that CrowdStrike’s premium valuation remains a risk — some outlets recommend a cautious stance despite strong top-line momentum. CRWD Stock Rises 10% Post Q4 Results: Should You Buy, Sell or Hold?

Insider Buying and Selling at CrowdStrike

In other news, CAO Anurag Saha sold 836 shares of the firm's stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $476.83, for a total transaction of $398,629.88. Following the sale, the chief accounting officer owned 43,726 shares in the company, valued at approximately $20,849,868.58. This trade represents a 1.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 28,853 shares of CrowdStrike stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $413.01, for a total transaction of $11,916,577.53. Following the sale, the chief executive officer directly owned 2,054,902 shares of the company's stock, valued at $848,695,075.02. This represents a 1.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 90,068 shares of company stock valued at $40,447,425 over the last quarter. Company insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $434.13 on Tuesday. The stock's 50-day simple moving average is $430.72 and its two-hundred day simple moving average is $469.43. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90. The firm has a market capitalization of $109.44 billion, a P/E ratio of -586.65, a P/E/G ratio of 20.96 and a beta of 1.07. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.17.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.02. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The company's revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter last year, the company posted $1.03 EPS. As a group, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings reissued a "sell (d+)" rating on shares of CrowdStrike in a report on Monday, December 29th. Zacks Research raised CrowdStrike from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 3rd. Truist Financial decreased their price target on CrowdStrike from $600.00 to $550.00 and set a "buy" rating on the stock in a research report on Tuesday, February 17th. Rosenblatt Securities reissued a "buy" rating and issued a $555.00 price target on shares of CrowdStrike in a report on Wednesday, March 4th. Finally, BMO Capital Markets cut their price objective on shares of CrowdStrike from $555.00 to $500.00 and set an "outperform" rating for the company in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $505.98.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc NASDAQ: CRWD is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company's core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.

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