UniSuper Management Pty Ltd Purchases 4,700 Shares of CrowdStrike $CRWD

Key Points

• UniSuper Management Pty Ltd increased its stake in CrowdStrike by 10.5%, acquiring an additional 4,700 shares, bringing its total holdings to 49,302 shares valued at approximately $17.4 million.
• Insider trading reports indicate that key executives sold a combined total of 172,484 shares worth over $81 million in the last quarter, suggesting a notable decrease in their positions.
• CrowdStrike reported a 21.4% increase in revenue year-over-year, with earnings per share of $0.93, surpassing analyst expectations.

UniSuper Management Pty Ltd increased its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 10.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,302 shares of the company's stock after acquiring an additional 4,700 shares during the quarter. UniSuper Management Pty Ltd's holdings in CrowdStrike were worth $17,383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CRWD. Cloud Capital Management LLC purchased a new stake in CrowdStrike in the first quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC raised its stake 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 worth $26,000 after acquiring an additional 40 shares in the last quarter. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. increased 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 buying an additional 58 shares during the period. Finally, Neo Ivy Capital Management purchased a new position in shares of CrowdStrike in the first quarter worth $30,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Roxanne S. Austin sold 15,000 shares of the company's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $497.67, for a total value of $7,465,050.00. Following the transaction, the director owned 18,858 shares in the company, valued at $9,385,060.86. The trade was a 44.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the company'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 completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 172,484 shares of company stock worth $81,523,228 over the last quarter. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $417.63 on Monday. The stock has a market cap of $104.81 billion, a price-to-earnings ratio of -350.95, a PEG ratio of 130.70 and a beta of 1.12. The firm's 50-day moving average is $453.56 and its 200 day moving average is $426.14. CrowdStrike has a 1 year low of $242.25 and a 1 year high of $517.98. 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 announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike's revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Barclays set a $500.00 price target on shares of CrowdStrike in a report on Tuesday, June 3rd. Needham & Company LLC cut their price target on shares of CrowdStrike from $530.00 to $475.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $475.00 price target on shares of CrowdStrike in a report on Tuesday, August 26th. Canaccord Genuity Group cut their price target on shares of CrowdStrike from $475.00 to $430.00 and set a "hold" rating on the stock in a report on Thursday, August 28th. Finally, Wells Fargo & Company lifted their price target on shares of CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. 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 MarketBeat.com, CrowdStrike has a consensus rating of "Moderate Buy" and a consensus target price of $460.10.

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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