MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Decreases Holdings in CrowdStrike $CRWD

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. **reduced its stake in CrowdStrike** by 2.6%, bringing its total shares owned to 521,396, valued at approximately **$184.6 million**.
• Several institutional investors, including Brighton Jones LLC and Baird Financial Group Inc., have recently **increased their positions** in CrowdStrike, indicating renewed investor interest in the company.
• CrowdStrike's latest quarterly earnings exceeded expectations with reported **$1.17 billion in revenue** and **$0.93 EPS**, suggesting strong performance growth of **21.4% year-over-year**.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. cut its holdings in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 2.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 521,396 shares of the company's stock after selling 13,971 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.21% of CrowdStrike worth $184,596,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in CrowdStrike by 4.1% during the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the last quarter. Jennison Associates LLC increased its holdings 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 worth $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of CrowdStrike by 39.9% during 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 last quarter. Invesco Ltd. grew its holdings in shares of CrowdStrike by 16.4% during 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 last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of CrowdStrike by 23.0% during 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 last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction dated 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 transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the transaction, the director owned 18,858 shares in the company, valued at $9,667,553.70. This represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 172,484 shares of company stock worth $81,523,228 over the last ninety days. 3.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CRWD has been the subject of several analyst reports. Evercore ISI dropped their price target on shares of CrowdStrike from $425.00 to $405.00 and set an "in-line" rating for the company in a research report on Thursday, August 28th. New Street Research set a $460.00 price objective on shares of CrowdStrike in a report on Thursday, August 28th. Guggenheim restated a "neutral" rating on shares of CrowdStrike in a report on Thursday, August 28th. Mizuho reduced their price target on shares of CrowdStrike from $450.00 to $430.00 and set a "neutral" rating for the company in a research note on Thursday, August 28th. Finally, Susquehanna lifted their price target on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a research note on Wednesday, June 4th. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus price target of $460.10.

CrowdStrike Price Performance

Shares of CrowdStrike stock traded up $10.43 during trading hours on Monday, reaching $428.06. The company's stock had a trading volume of 2,539,848 shares, compared to its average volume of 3,713,071. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a one year low of $242.25 and a one year high of $517.98. The stock has a market cap of $107.43 billion, a P/E ratio of -359.71, a P/E/G ratio of 130.70 and a beta of 1.12. The firm has a 50 day moving average price of $453.56 and a 200-day moving average price of $426.14.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The business 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%.The company's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the previous 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 predict that CrowdStrike will post 0.55 EPS for the current year.

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.