Nearwater Capital Markets Ltd Sells 50,000 Shares of CrowdStrike $CRWD

Key Points

• Nearwater Capital Markets Ltd has reduced its stake in CrowdStrike by 45.5%, selling 50,000 shares during the first quarter, bringing their total holdings down to 60,000 shares valued at approximately $21.15 million.
• Several institutional investors also adjusted their CrowdStrike positions, with notable increases in holdings from Atlantic Edge Private Wealth Management and a purchase by Cloud Capital Management.
• CrowdStrike reported a quarterly earnings per share of $0.93, surpassing expectations, and set its FY 2026 guidance between 3.600-3.72 EPS.

Nearwater Capital Markets Ltd reduced its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 45.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 60,000 shares of the company's stock after selling 50,000 shares during the quarter. Nearwater Capital Markets Ltd's holdings in CrowdStrike were worth $21,155,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in CRWD. Cloud Capital Management LLC acquired a new stake in CrowdStrike in the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC boosted its position in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike in the first quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of CrowdStrike by 305.3% in the first 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 last quarter. Finally, Neo Ivy Capital Management bought a new position in CrowdStrike during the first quarter worth $30,000. 71.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, Director Roxanne S. Austin sold 15,000 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the completion of the sale, the director directly owned 18,858 shares of the company's stock, valued at approximately $9,385,060.86. The trade was a 44.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $512.43, for a total transaction of $3,202,687.50. Following the transaction, the director owned 781,011 shares in the company, valued at approximately $400,213,466.73. The trade was a 0.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 172,484 shares of company stock valued at $81,523,228 over the last 90 days. Corporate insiders own 3.32% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a report on Thursday, August 28th. Macquarie reaffirmed a "neutral" rating and set a $465.00 price objective on shares of CrowdStrike in a research report on Friday, August 29th. BMO Capital Markets set a $450.00 target price on shares of CrowdStrike in a research note on Thursday, August 28th. Stephens boosted their price target on CrowdStrike from $450.00 to $540.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Finally, New Street Research set a $460.00 target price on CrowdStrike in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $460.10.

CrowdStrike Price Performance

Shares of NASDAQ CRWD traded up $10.43 during trading on Monday, reaching $428.06. The company had a trading volume of 2,540,799 shares, compared to its average volume of 3,713,077. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The business's 50 day moving average price is $453.56 and its 200-day moving average price is $426.14. The stock has a market cap of $107.43 billion, a PE ratio of -359.71, a PEG ratio of 130.70 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.04 earnings per share. CrowdStrike's revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts expect that CrowdStrike will post 0.55 earnings per share 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.