Massachusetts Financial Services Co. MA Has $328.12 Million Stock Holdings in CrowdStrike $CRWD

Key Points

• Massachusetts Financial Services Co. MA trimmed its stake by 7.2% and now owns 699,980 shares of CrowdStrike — approximately $328.12 million or ~0.28% of the company.
• CrowdStrike's board approved an additional $500 million buyback (bringing authorization to $1.5 billion, ~0.5% of shares) while insiders — including the CEO and CFO — sold stock to cover tax obligations, with insiders selling 68,636 shares (~$28.7 million) in the past 90 days but still owning 3.32%.
• Analysts have trimmed price targets amid AI-driven volatility, yet consensus remains a “Moderate Buy” with an average target of about $504.98; the company reported 23.8% revenue growth and a slight EPS beat despite recent share weakness.

Massachusetts Financial Services Co. MA trimmed its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 7.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 699,980 shares of the company's stock after selling 54,099 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.28% of CrowdStrike worth $328,123,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. City Holding Co. boosted its stake in shares of CrowdStrike by 16.9% during the fourth quarter. City Holding Co. now owns 8,502 shares of the company's stock valued at $3,985,000 after purchasing an additional 1,230 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of CrowdStrike by 1.5% during the fourth quarter. Venturi Wealth Management LLC now owns 5,010 shares of the company's stock valued at $2,348,000 after purchasing an additional 76 shares in the last quarter. Apollon Financial LLC boosted its stake in shares of CrowdStrike by 6.3% during the fourth quarter. Apollon Financial LLC now owns 627 shares of the company's stock valued at $294,000 after purchasing an additional 37 shares in the last quarter. Premier Path Wealth Partners LLC boosted its stake in shares of CrowdStrike by 13.0% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,655 shares of the company's stock valued at $776,000 after purchasing an additional 191 shares in the last quarter. Finally, Spirepoint Private Client LLC boosted its stake in shares of CrowdStrike by 19.8% during the fourth quarter. Spirepoint Private Client LLC now owns 1,206 shares of the company's stock valued at $565,000 after purchasing an additional 199 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CRWD has been the topic of a number of recent research reports. Truist Financial cut their price target on CrowdStrike from $600.00 to $550.00 and set a "buy" rating on the stock in a research note on Tuesday, February 17th. Canaccord Genuity Group lowered their price objective on CrowdStrike from $515.00 to $400.00 and set a "hold" rating for the company in a research report on Wednesday, March 4th. Robert W. Baird lowered their price objective on CrowdStrike from $550.00 to $450.00 and set a "neutral" rating for the company in a research report on Monday, March 2nd. Benchmark began coverage on CrowdStrike in a research report on Wednesday, April 1st. They set a "buy" rating and a $500.00 price objective for the company. Finally, UBS Group restated an "overweight" rating on shares of CrowdStrike in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $504.98.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 7,871 shares of CrowdStrike stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $415.78, for a total value of $3,272,604.38. Following the completion of the sale, the chief financial officer directly owned 169,613 shares in the company, valued at approximately $70,521,693.14. The trade was a 4.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO George Kurtz sold 28,853 shares of CrowdStrike stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $413.01, for a total value of $11,916,577.53. Following the completion of the sale, the chief executive officer owned 2,054,902 shares of the company's stock, valued at approximately $848,695,075.02. The trade was a 1.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 68,636 shares of company stock valued at $28,690,657 in the last 90 days. Company insiders own 3.32% of the company's stock.

Key Stories Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Board increased share buyback authorization by $500M (to $1.5B), signaling management confidence and supporting buyback-driven demand for shares. A $500 Million Reason to Buy CrowdStrike Stock Here
• Positive Sentiment: Partnership with Anthropic on Project Glasswing positions CrowdStrike as a key partner to secure the AI era — this collaboration dampens fears that Anthropic's AI products will simply displace incumbent security vendors. Anthropic's Project Glasswing Partners with CrowdStrike
• Positive Sentiment: High-profile endorsement: Jim Cramer publicly stated Anthropic “needs CrowdStrike,” a sentiment that helped calm some investor fears about competitive displacement. Jim Cramer Says “Anthropic Needs CrowdStrike, It Doesn’t Seek to Wipe It Out”
• Positive Sentiment: Acceleration in identity-security ARR and product traction suggests durable multi-product growth beyond endpoints, which supports longer-term revenue upside. Is Identity Security Becoming a Bigger Growth Driver for CrowdStrike?
• Neutral Sentiment: Analyst consensus still shows meaningful upside (roughly mid-teens vs. current levels), which can attract buyers at lower prices even as short-term volatility persists. CrowdStrike (CRWD) Falls, But Here’s Why Wall Street Sees 15% Upside
• Neutral Sentiment: Reported short interest data shows effectively zero days-to-cover in the latest snapshot, indicating short interest is not a current driver of volatility (no link available).
• Negative Sentiment: Anthropic’s launch of “Claude Code Security” and broader AI-driven security offerings spooked investors, triggering a “SaaS-pocalypse” style sell-off across enterprise software names, including CrowdStrike. The “SaaS-Pocalypse” Continues: Cloudflare, ServiceNow, CrowdStrike Under Fire
• Negative Sentiment: Recent headlines and market updates reported sharp intraday declines and persistent selling pressure as macro/AI fears weighed on sentiment, contributing to today’s down move. CrowdStrike Holdings (CRWD) Stock Sinks As Market Gains

CrowdStrike Trading Down 4.0%

Shares of CRWD stock opened at $379.02 on Friday. The company has a market cap of $96.12 billion, a P/E ratio of -512.18, a PEG ratio of 16.62 and a beta of 1.07. The stock has a 50 day simple moving average of $406.36 and a two-hundred day simple moving average of $464.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. CrowdStrike has a fifty-two week low of $342.72 and a fifty-two week high of $566.90.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.02. The business 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 firm's revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.03 earnings per share. Research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike announced that its board has approved a stock buyback plan on Monday, April 6th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to buy up to 0.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

CrowdStrike 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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