Sumitomo Mitsui DS Asset Management Company Ltd Has $29.16 Million Stock Position in CrowdStrike $CRWD

Key Points

• Sumitomo Mitsui DS Asset Management Company Ltd has increased its stock position in CrowdStrike to $29.16 million by acquiring an additional 824 shares, raising its total to 57,262 shares.
• Recent insider activity includes sales by CFO Burt W. Podbere and President Michael Sentonas, with Podbere reducing their stake by 4.89% and Sentonas by 2.73%.
• Analysts have mixed ratings on CrowdStrike, with targets ranging from $500.00 to $555.00 and an average rating of "Moderate Buy" as the stock trades near $445.50.

Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,262 shares of the company's stock after buying an additional 824 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in CrowdStrike were worth $29,164,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC raised its stake in CrowdStrike by 114.3% during the 1st 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. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike in the first quarter worth approximately $26,000. 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 worth $27,000 after purchasing an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of CrowdStrike in the first quarter worth approximately $30,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Michael Sentonas sold 11,527 shares of the firm's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $471.20, for a total value of $5,431,522.40. Following the transaction, the president directly owned 410,677 shares in the company, valued at $193,511,002.40. This trade represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 143,734 shares of company stock valued at $67,337,728. Company insiders own 3.32% of the company's stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several analyst reports. Cfra reissued a "hold" rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Guggenheim reaffirmed a "neutral" rating on shares of CrowdStrike in a report on Thursday, August 28th. The Goldman Sachs Group upped their target price on CrowdStrike from $389.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Jefferies Financial Group reduced their target price on CrowdStrike from $530.00 to $500.00 and set a "buy" rating for the company in a report on Thursday, August 28th. Finally, Barclays set a $500.00 target price on CrowdStrike in a report on Tuesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have given a Hold rating to the company's stock. According to MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and an average price target of $460.60.

CrowdStrike Trading Up 0.1%

NASDAQ CRWD opened at $445.50 on Thursday. The stock's 50-day simple moving average is $442.15 and its two-hundred day simple moving average is $428.11. CrowdStrike has a twelve month low of $263.45 and a twelve month high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $111.80 billion, a price-to-earnings ratio of -374.37, a PEG ratio of 139.26 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the business posted $1.04 earnings per share. 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. Research analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

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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