Oak Thistle LLC Takes Position in CrowdStrike $CRWD

Key Points

• Oak Thistle LLC initiated a new position in CrowdStrike, buying 2,244 shares in Q4 valued at approximately $1.05 million.
• Insiders have been net sellers recently — CFO Burt W. Podbere sold 7,871 shares to cover tax withholding and insiders sold a total of 68,636 shares (~$28.7M) in the last 90 days, leaving insiders with about 3.32% ownership.
• The board approved a $500 million share buyback (roughly 0.5% of shares) even as analysts trimmed price targets and CRWD shares traded down about 7.5%.

Oak Thistle LLC acquired a new stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,244 shares of the company's stock, valued at approximately $1,052,000.

Several other institutional investors have also recently made changes to their positions in the stock. Disciplined Equity Management Inc. raised its holdings in shares of CrowdStrike by 0.8% during the third quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company's stock valued at $1,179,000 after purchasing an additional 20 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of CrowdStrike by 6.4% during the third quarter. TD Private Client Wealth LLC now owns 334 shares of the company's stock valued at $164,000 after purchasing an additional 20 shares during the period. Financially Speaking Inc increased its position in shares of CrowdStrike by 26.7% during the third quarter. Financially Speaking Inc now owns 95 shares of the company's stock worth $47,000 after acquiring an additional 20 shares in the last quarter. Catalyst Financial Partners LLC increased its position in shares of CrowdStrike by 1.6% during the third quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company's stock worth $611,000 after acquiring an additional 20 shares in the last quarter. Finally, Fire Capital Management LLC increased its position in shares of CrowdStrike by 1.7% during the third quarter. Fire Capital Management LLC now owns 1,239 shares of the company's stock worth $608,000 after acquiring an additional 21 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 7,871 shares of the company's stock in a transaction dated Wednesday, February 4th. The shares were 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 of the company's stock, valued at approximately $70,521,693.14. This represents a 4.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Johanna Flower sold 3,000 shares of the company's stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $461.94, for a total transaction of $1,385,820.00. Following the completion of the sale, the director directly owned 76,082 shares of the company's stock, valued at $35,145,319.08. The trade was a 3.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 68,636 shares of company stock worth $28,690,657 in the last ninety days. 3.32% of the stock is owned by corporate insiders.

Key CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Anthropic picked CrowdStrike for Project Glasswing, positioning CRWD as a partner in AI-era defensive security and supporting demand for its platform. CrowdStrike, Palo Alto jump on board to enhance security for AI era under Project Glasswing
• Positive Sentiment: J.P. Morgan and other analysts argue AI developments are a tailwind for leading cybersecurity vendors, reiterating upside for CrowdStrike. Why JPMorgan sees further upside in Palo Alto and CrowdStrike stocks
• Positive Sentiment: The board approved a share repurchase program, which can support the stock and signal management confidence in long-term value. CrowdStrike NASDAQ: CRWD Board Approves Share Repurchase Program
• Positive Sentiment: CrowdStrike’s identity-security business is accelerating, with strong ARR and product traction that could diversify growth beyond endpoint security. Is Identity Security Becoming a Bigger Growth Driver for CrowdStrike?
• Positive Sentiment: Contrarian investors argue the current software-sector pullback is a buying opportunity for high-quality recurring-revenue names like CrowdStrike. Why I'd Bottom-Fish in CrowdStrike While the Street is Still Nervous About Software
• Neutral Sentiment: Analysts remain mixed on tech names, with some expressing uncertainty about valuation and near-term execution — contributing to volatile trading in CRWD. Analysts Conflicted on These Technology Names: Strategy (MSTR) and CrowdStrike Holdings (CRWD)
• Negative Sentiment: Market coverage notes CRWD is sliding amid fears that AI-driven competition and slower GDP/enterprise spending will pressure software licensing and renewals. Why Are CrowdStrike Shares Sliding On Thursday?
• Negative Sentiment: CNBC’s Jim Cramer flagged a renewed “buy hardware, sell software” rotation, which pressures sentiment for high-growth software names like CrowdStrike. Cramer explains the divergence in tech stocks – and why software may continue to lag
• Negative Sentiment: Several market write-ups are simply reporting the price decline and investor skepticism, which can amplify short-term selling pressure. CrowdStrike Holdings (CRWD) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: Opinion pieces question whether CrowdStrike can fully regain investor trust after recent volatility, keeping sentiment fragile. CrowdStrike Stock Trades at $426 After the Chaos—But Can CRWD Ever Fully Recover Investor Trust?

Analysts Set New Price Targets

Several equities research analysts have recently commented on CRWD shares. Needham & Company LLC decreased their target price on shares of CrowdStrike from $575.00 to $475.00 and set a "buy" rating for the company in a research report on Wednesday, March 4th. JPMorgan Chase & Co. decreased their target price on shares of CrowdStrike from $582.00 to $472.00 and set an "overweight" rating for the company in a research report on Wednesday, February 25th. Argus decreased their target price on shares of CrowdStrike from $600.00 to $520.00 and set a "buy" rating for the company in a research report on Thursday, March 5th. Jefferies Financial Group decreased their target price on shares of CrowdStrike from $600.00 to $500.00 and set a "buy" rating for the company in a research report on Friday, February 27th. Finally, Oppenheimer decreased their target price on shares of CrowdStrike from $580.00 to $500.00 and set an "outperform" rating for the company in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus price target of $504.98.

CrowdStrike Trading Down 7.5%

Shares of CRWD stock opened at $394.68 on Friday. CrowdStrike has a 52-week low of $342.72 and a 52-week high of $566.90. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. The company has a 50-day simple moving average of $407.60 and a two-hundred day simple moving average of $465.26. The company has a market capitalization of $100.09 billion, a price-to-earnings ratio of -533.34, a PEG ratio of 18.71 and a beta of 1.07.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.02. CrowdStrike had a negative net margin of 3.81% and a negative return on equity of 0.14%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the firm posted $1.03 EPS. The firm's quarterly revenue was up 23.8% compared to the same quarter last year. Research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike declared that its board has authorized a share buyback plan on Monday, April 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to repurchase up to 0.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are 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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