Louisiana State Employees Retirement System Has $15.94 Million Stock Position in CrowdStrike $CRWD

Louisiana State Employees Retirement System lifted its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 3.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,300 shares of the company's stock after purchasing an additional 1,000 shares during the quarter. Louisiana State Employees Retirement System's holdings in CrowdStrike were worth $15,941,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Management Professionals Inc. boosted its position in CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company's stock worth $36,000 after acquiring an additional 34 shares during the period. Cloud Capital Management LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $25,000. Vision Financial Markets LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC boosted its position in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after acquiring an additional 40 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after acquiring an additional 58 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on CRWD shares. DZ Bank lowered CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 price objective for the company. in a research report on Wednesday, September 24th. Guggenheim restated a "neutral" rating on shares of CrowdStrike in a research report on Thursday, September 18th. The Goldman Sachs Group boosted their price target on CrowdStrike from $492.00 to $535.00 and gave the company a "buy" rating in a research note on Friday, September 19th. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $510.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, CrowdStrike has a consensus rating of "Moderate Buy" and a consensus target price of $491.81.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $484.62 on Wednesday. The stock has a market capitalization of $121.62 billion, a price-to-earnings ratio of -407.24, a PEG ratio of 116.54 and a beta of 1.19. The firm has a fifty day simple moving average of $447.07 and a 200-day simple moving average of $441.74. CrowdStrike has a 1-year low of $286.78 and a 1-year high of $517.98. 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 (NASDAQ:CRWD - Get Free Report) last posted 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 business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company posted $1.04 earnings per share. The firm's revenue for the quarter 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. On average, sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the sale, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the firm's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the sale, the chief financial officer owned 220,424 shares in the company, valued at approximately $109,257,564.08. The trade was a 4.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 132,816 shares of company stock valued at $62,606,356 in the last ninety days. 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.

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