Plato Investment Management Ltd Boosts Stake in CrowdStrike $CRWD

Key Points

• Plato Investment Management Ltd increased its stake in CrowdStrike by 40.6% during Q1, owning 2,854 shares valued at approximately $1.017 million.
• A number of other hedge funds also bought shares in CrowdStrike, indicating strong institutional interest, with hedge funds now holding 71.16% of the company’s stock.
• CrowdStrike recently reported a quarterly earnings of $0.93 EPS, exceeding expectations, and set a FY 2026 EPS guidance between 3.600-3.720.

Plato Investment Management Ltd boosted its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 40.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,854 shares of the company's stock after buying an additional 824 shares during the period. Plato Investment Management Ltd's holdings in CrowdStrike were worth $1,017,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in CrowdStrike during the first quarter worth $25,000. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the first quarter worth $26,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after buying an additional 40 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its position in shares of CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new position in shares of CrowdStrike during the first quarter worth $30,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Up 2.0%

CRWD stock opened at $433.38 on Friday. The company's 50-day simple moving average is $447.53 and its 200-day simple moving average is $426.55. 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 has a 52-week low of $252.48 and a 52-week high of $517.98. The firm has a market cap of $108.76 billion, a P/E ratio of -364.18, a PEG ratio of 132.97 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the company posted $1.04 EPS. The company's revenue for the quarter was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, equities analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent analyst reports. The Goldman Sachs Group upped their price target on CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. Roth Capital upped their price target on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Canaccord Genuity Group reduced their price target on CrowdStrike from $475.00 to $430.00 and set a "hold" rating on the stock in a research report on Thursday, August 28th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $475.00 price target on shares of CrowdStrike in a research report on Tuesday, August 26th. Finally, Scotiabank reduced their price target on CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating on the stock in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $460.10.

Insider Buying and Selling

In other news, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total transaction of $983,037.33. Following the completion of the sale, the director owned 81,383 shares in the company, valued at $38,592,632.43. This trade represents a 2.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of the firm's stock in a transaction that occurred on 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 sale, the director owned 18,858 shares of the company's stock, valued at $9,667,553.70. This represents a 33.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,734 shares of company stock worth $67,337,728 in the last 90 days. 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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