Swedbank AB Grows Holdings in CrowdStrike $CRWD

Key Points

• Swedbank AB increased its stake in CrowdStrike by 12.4% during Q2, owning approximately 0.10% of the company, valued at $124.2 million.
• Insider trading activity included director Sameer K. Gandhi selling 6,250 shares for over $2.5 million, representing a 0.81% decrease in his position.
• Equity analysts have mixed ratings on CrowdStrike with a consensus rating of "Moderate Buy", and target prices ranging between $405 and $555.

Swedbank AB increased its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 12.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 243,893 shares of the company's stock after buying an additional 26,989 shares during the period. Swedbank AB owned about 0.10% of CrowdStrike worth $124,217,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in CrowdStrike in the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after acquiring an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in CrowdStrike in the first quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in 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 acquiring an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike in the first quarter worth about $30,000. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director directly owned 768,511 shares of the company's stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Roxanne S. Austin sold 9,447 shares of the company's stock in a transaction that occurred on 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 trade represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 143,734 shares of company stock worth $67,337,728. Corporate insiders own 3.32% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Barclays raised their price target on CrowdStrike from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday. Jefferies Financial Group lifted their target price on CrowdStrike from $500.00 to $515.00 and gave the stock a "buy" rating in a report on Thursday. Cfra reaffirmed a "hold" rating and set a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. UBS Group decreased their target price on CrowdStrike from $545.00 to $500.00 and set a "buy" rating for the company in a report on Thursday, August 28th. Finally, Evercore ISI decreased their target price on CrowdStrike from $425.00 to $405.00 and set an "in-line" rating for the company in a 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average target price of $471.23.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $502.63 on Friday. CrowdStrike has a 52 week low of $272.67 and a 52 week high of $517.98. The business's fifty day simple moving average is $442.46 and its 200-day simple moving average is $428.94. The firm has a market cap of $126.14 billion, a PE ratio of -422.37, a price-to-earnings-growth ratio of 104.78 and a beta of 1.12. 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 (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 return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company earned $1.04 EPS. CrowdStrike's revenue 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. Equities analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike 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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