Public Employees Retirement System of Ohio Purchases 6,653 Shares of CrowdStrike $CRWD

Key Points

• The Public Employees Retirement System of Ohio increased its stake in CrowdStrike by 7.0% during the second quarter, acquiring an additional 6,653 shares, bringing its total to 101,325 shares valued at approximately $51.6 million.
• Several hedge funds, including Vanguard Group Inc. and Goldman Sachs, have also raised their stakes in CrowdStrike, with institutional investors now holding 71.16% of the stock.
• CrowdStrike reported $1.17 billion in revenue for the recent quarter, exceeding expectations, while also providing FY 2026 EPS guidance between 3.600-3.720.

Public Employees Retirement System of Ohio raised its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 7.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,325 shares of the company's stock after buying an additional 6,653 shares during the quarter. Public Employees Retirement System of Ohio's holdings in CrowdStrike were worth $51,606,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after buying an additional 908,554 shares during the period. Jennison Associates LLC raised its stake in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after buying an additional 1,144,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of CrowdStrike by 52.6% during 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 purchasing an additional 955,529 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after purchasing an additional 760,222 shares during the period. Finally, Invesco Ltd. raised its stake in shares of CrowdStrike by 16.4% during the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock valued at $883,713,000 after purchasing an additional 352,473 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the sale, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares of the company's stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 84,973 shares of company stock worth $39,121,937. Insiders own 3.32% of the company's stock.

CrowdStrike Trading Down 1.8%

Shares of CRWD stock opened at $484.10 on Wednesday. The stock has a market capitalization of $121.49 billion, a PE ratio of -406.80, a P/E/G ratio of 115.88 and a beta of 1.12. CrowdStrike has a 1-year low of $272.67 and a 1-year high of $517.98. The business has a 50-day moving average of $443.50 and a 200 day moving average of $432.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. The company 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%.CrowdStrike's quarterly revenue was up 21.4% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on CRWD shares. DA Davidson boosted their price objective on CrowdStrike from $490.00 to $515.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. BMO Capital Markets boosted their price objective on CrowdStrike from $450.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, September 18th. Raymond James Financial reiterated an "outperform" rating and set a $485.00 price objective (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Piper Sandler decreased their price objective on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. Finally, Truist Financial boosted their price objective on CrowdStrike from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and twenty have given a Hold rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $477.21.

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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