MBB Public Markets I LLC Takes $315,000 Position in CrowdStrike $CRWD

Key Points

• MBB Public Markets I LLC has acquired a new stake in CrowdStrike, purchasing 892 shares valued at approximately $315,000.
• Several institutional investors have increased their holdings in CrowdStrike, with Vanguard Group boosting its stake by 4.1% and Goldman Sachs increasing its by 39.9% in the first quarter.
• CrowdStrike's stock has received various price target upgrades from analysts, with the average price target now at $460.10 and a current stock price of $423.51.

MBB Public Markets I LLC acquired a new stake in CrowdStrike (NASDAQ:CRWD - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 892 shares of the company's stock, valued at approximately $315,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after purchasing an additional 908,554 shares during the period. Jennison Associates LLC lifted its stake in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of CrowdStrike by 39.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after purchasing an additional 760,222 shares during the period. Invesco Ltd. lifted its stake in shares of CrowdStrike by 16.4% in the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock valued at $883,713,000 after purchasing an additional 352,473 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of CrowdStrike by 23.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,383,943 shares of the company's stock valued at $840,532,000 after purchasing an additional 445,612 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CRWD shares. Cfra reissued a "hold" rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Stifel Nicolaus boosted their price objective on CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Truist Financial reaffirmed a "buy" rating and set a $500.00 price target (up from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Barclays set a $500.00 price target on CrowdStrike in a research note on Tuesday, June 3rd. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $460.10.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $423.51 on Wednesday. The company has a market cap of $106.28 billion, a PE ratio of -355.89, a price-to-earnings-growth ratio of 133.97 and a beta of 1.12. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The business has a 50 day moving average price of $450.57 and a 200-day moving average price of $426.27. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

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

Insider Buying and Selling

In other news, Director Roxanne S. Austin sold 15,000 shares of the company's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the completion of the transaction, the director directly owned 18,858 shares of the company's stock, valued at $9,385,060.86. This represents a 44.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 153,734 shares of company stock valued at $72,162,728 over the last quarter. Corporate 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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