Nordea Investment Management AB Grows Stock Position in CrowdStrike $CRWD

Key Points

• Nordea Investment Management AB increased its stake in CrowdStrike by 3.6%, owning approximately 0.32% of the company, valued at $405.97 million, after acquiring an additional 27,720 shares.
• Other institutional investors, including Vanguard Group and UBS AM, also significantly increased their positions in CrowdStrike during the first quarter.
• CrowdStrike's recent earnings report revealed that the company surpassed analysts' expectations with $1.17 billion in revenue and $0.93 earnings per share, leading to a year-over-year revenue increase of 21.4%.

Nordea Investment Management AB boosted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 800,068 shares of the company's stock after buying an additional 27,720 shares during the period. Nordea Investment Management AB owned approximately 0.32% of CrowdStrike worth $405,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in 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 acquiring an additional 908,554 shares during the last quarter. Jennison Associates LLC grew its position in 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 acquiring an additional 1,144,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in CrowdStrike by 52.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after acquiring an additional 955,529 shares during the last quarter. Goldman Sachs Group Inc. grew its position in 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 acquiring an additional 760,222 shares during the last quarter. Finally, Invesco Ltd. grew its position in 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 acquiring an additional 352,473 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

CRWD opened at $482.23 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $121.02 billion, a price-to-earnings ratio of -405.23, a PEG ratio of 114.92 and a beta of 1.19. CrowdStrike has a 12-month low of $294.68 and a 12-month high of $517.98. The business's fifty day simple moving average is $453.95 and its 200-day simple moving average is $447.49.

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

Insider Activity

In related news, CAO Anurag Saha sold 1,762 shares of the company's stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total transaction of $850,006.42. Following the completion of the sale, the chief accounting officer directly owned 37,255 shares in the company, valued at $17,972,184.55. This represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Burt W. Podbere sold 10,706 shares of the company's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares of the company's stock, valued at $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 155,743 shares of company stock worth $74,348,319 over the last ninety days. 3.32% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on CRWD. Scotiabank raised CrowdStrike from a "sector perform" rating to a "sector outperform" rating and upped their price objective for the company from $440.00 to $600.00 in a research report on Thursday, September 25th. TD Cowen upped their price objective on CrowdStrike from $500.00 to $580.00 and gave the company a "buy" rating in a research report on Friday, October 3rd. DZ Bank downgraded CrowdStrike from a "hold" rating to a "sell" rating and set a $440.00 price objective on the stock. in a research report on Wednesday, September 24th. BMO Capital Markets upped their price objective on CrowdStrike from $450.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, September 18th. Finally, JMP Securities increased their price target on CrowdStrike from $500.00 to $550.00 and gave the stock a "market outperform" rating in a research report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $494.02.

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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