UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Increases Stake in CrowdStrike $CRWD

Key Points

• UBS Asset Management increased its stake in CrowdStrike by 52.6% during Q1, owning approximately 1.12% of the company valued at $977 million after acquiring nearly 956,000 shares.
• CEO George Kurtz sold 42,267 shares of CrowdStrike at an average price of $450.47, decreasing his ownership by 1.94%, while other insiders collectively sold 178,734 shares worth over $84 million in the last 90 days.
• CrowdStrike reported Q2 earnings of $0.93 per share, which exceeded analysts' estimates, alongside revenue of $1.17 billion, marking a 21.4% year-over-year increase.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 52.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,771,424 shares of the company's stock after buying an additional 955,529 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.12% of CrowdStrike worth $977,149,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. boosted its stake in CrowdStrike by 20.4% during the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock valued at $447,000 after purchasing an additional 215 shares during the last quarter. OLD National Bancorp IN purchased a new stake in shares of CrowdStrike during the 1st quarter valued at about $248,000. Bessemer Group Inc. grew its stake in shares of CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock worth $783,000 after acquiring an additional 98 shares during the period. CX Institutional bought a new position in CrowdStrike during the first quarter valued at approximately $175,000. Finally, Ritholtz Wealth Management lifted its position in CrowdStrike by 23.8% during the first quarter. Ritholtz Wealth Management now owns 3,824 shares of the company's stock valued at $1,348,000 after purchasing an additional 736 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In related news, CEO George Kurtz sold 42,267 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the director owned 81,383 shares in the company, valued at $38,592,632.43. The trade was a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 178,734 shares of company stock worth $84,087,728 over the last 90 days. Corporate insiders own 3.32% of the company's stock.

CrowdStrike Trading Up 2.5%

Shares of CRWD stock opened at $428.06 on Tuesday. The company has a market cap of $107.43 billion, a PE ratio of -359.71, a price-to-earnings-growth ratio of 130.70 and a beta of 1.12. CrowdStrike has a 1 year low of $242.25 and a 1 year high of $517.98. The stock's 50 day simple moving average is $451.94 and its two-hundred day simple moving average is $426.29. 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 released 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. 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 the consensus estimate of $1.15 billion. During the same quarter in the previous year, the company posted $1.04 EPS. The company's revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CRWD shares. Raymond James Financial reiterated an "outperform" rating and set a $485.00 target price (up from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. JMP Securities restated a "market outperform" rating and set a $500.00 price target on shares of CrowdStrike in a research note on Wednesday, June 4th. Scotiabank dropped their price objective on shares of CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating on the stock in a report on Thursday, August 28th. Cfra reaffirmed a "hold" rating and set a $555.00 target price (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Finally, Zacks Research raised CrowdStrike from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $460.10.

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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