Price T Rowe Associates Inc. MD Has $840.53 Million Stake in CrowdStrike $CRWD

Key Points

• Price T Rowe Associates Inc. MD increased its stake in CrowdStrike to $840.53 million, owning 2,383,943 shares after a 23% increase during the first quarter.
• Insiders at CrowdStrike have sold a total of 214,414 shares worth approximately $101.48 million within the last ninety days, with a current insider ownership of 3.32%.
• CrowdStrike's latest earnings report revealed a revenue of $1.10 billion, with a year-over-year growth of 19.8%, and the company's fiscal year 2026 EPS guidance is projected between 3.440 and 3.560.

Price T Rowe Associates Inc. MD raised its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 23.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 2,383,943 shares of the company's stock after purchasing an additional 445,612 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.96% of CrowdStrike worth $840,532,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in CRWD. Cloud Capital Management LLC bought a new position in CrowdStrike during the first quarter valued at about $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC increased its position in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares during the period. E Fund Management Hong Kong Co. Ltd. raised 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 valued at $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new position in CrowdStrike in the first quarter worth $30,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Activity at CrowdStrike

In other news, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director directly owned 81,383 shares in the company, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the transaction, the director directly owned 18,858 shares of the company's stock, 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. In the last ninety days, insiders have sold 214,414 shares of company stock valued at $101,484,738. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $414.06 on Friday. The stock has a market capitalization of $103.20 billion, a price-to-earnings ratio of -600.09 and a beta of 1.13. The firm's 50-day moving average price is $468.54 and its two-hundred day moving average price is $427.40. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21. CrowdStrike has a 1-year low of $242.25 and a 1-year high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.66 by $0.07. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the business earned $0.93 EPS. CrowdStrike's revenue was up 19.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Canaccord Genuity Group reissued a "hold" rating and issued a $475.00 price target (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Mizuho upped their target price on shares of CrowdStrike from $425.00 to $450.00 and gave the company a "neutral" rating in a research note on Wednesday, June 4th. Citigroup reissued an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Truist Financial restated a "buy" rating and set a $500.00 price target (up previously from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Cantor Fitzgerald upped their price objective on CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, CrowdStrike has a consensus rating of "Moderate Buy" and an average target price of $460.81.

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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