Vestcor Inc Sells 2,325 Shares of CrowdStrike $CRWD

Key Points

• Vestcor Inc. reduced its stake in CrowdStrike by 17.7% in Q3, selling 2,325 shares and now holds 10,799 shares valued at about $5.30 million.
• Q4 beat: CrowdStrike reported $1.12 EPS versus $1.10 expected and revenue of $1.31 billion (up 23.8% YoY), underpinning recent share gains.
• Analysts remain broadly constructive with a consensus rating of Moderate Buy and a consensus target price of $505.98, though some caution about the stock's premium valuation.

Vestcor Inc lowered its stake in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 17.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,799 shares of the company's stock after selling 2,325 shares during the quarter. Vestcor Inc's holdings in CrowdStrike were worth $5,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of CRWD. Laurel Wealth Advisors LLC boosted its position in CrowdStrike by 54,635.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company's stock valued at $2,186,714,000 after acquiring an additional 4,285,640 shares in the last quarter. Norges Bank purchased a new position in shares of CrowdStrike during the 2nd quarter worth approximately $1,638,365,000. Vestor Capital LLC raised its position in shares of CrowdStrike by 269,840.3% in the 2nd quarter. Vestor Capital LLC now owns 977,184 shares of the company's stock worth $497,690,000 after acquiring an additional 976,822 shares in the last quarter. Vanguard Group Inc. raised its position in shares of CrowdStrike by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company's stock worth $11,933,425,000 after acquiring an additional 596,007 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of CrowdStrike by 19.9% in the 3rd quarter. First Trust Advisors LP now owns 2,599,902 shares of the company's stock valued at $1,274,940,000 after purchasing an additional 431,382 shares during the period. 71.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CRWD shares. DA Davidson lifted their price target on CrowdStrike from $425.00 to $455.00 and gave the company a "buy" rating in a research report on Wednesday, March 4th. Sanford C. Bernstein increased their price objective on CrowdStrike from $353.00 to $368.00 and gave the stock a "market perform" rating in a report on Wednesday, March 4th. TD Cowen lowered their price objective on CrowdStrike from $580.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, February 24th. Royal Bank Of Canada restated an "outperform" rating and set a $550.00 target price on shares of CrowdStrike in a report on Wednesday, March 4th. Finally, Barclays reduced their target price on shares of CrowdStrike from $610.00 to $550.00 and set an "overweight" rating on the stock in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $505.98.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $434.13 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average price of $430.72 and a 200-day moving average price of $469.43. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The firm has a market capitalization of $109.44 billion, a PE ratio of -586.65, a P/E/G ratio of 20.96 and a beta of 1.07.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.02. CrowdStrike had a negative net margin of 3.81% and a negative return on equity of 0.14%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the firm earned $1.03 earnings per share. The firm's revenue for the quarter was up 23.8% compared to the same quarter last year. As a group, equities research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Key CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Q4 beat and guidance momentum: CrowdStrike’s Q4 results topped expectations and the company highlighted strong adoption of its Falcon Flex subscription, which helped spark a multi-day rally and a meaningful market-cap increase. CrowdStrike Stock Hits $428: Why This Earnings Beat Is A Game Changer
• Positive Sentiment: Industry tailwinds: Analysts note broader security spending is rising as data breaches and geopolitical risk push enterprises to buy comprehensive solutions, benefiting leaders like CrowdStrike. 4 Security Stocks to Watch Amid the Flourishing Industry Trend
• Positive Sentiment: Geographic expansion/partnership: CrowdStrike announced a tie-up with STACKIT to pursue GDPR-focused growth in Europe, supporting international ARR expansion. CrowdStrike Taps STACKIT To Pursue GDPR Focused Growth In Europe
• Positive Sentiment: Analyst / bank commentary tilting constructive: Scotiabank published a positive outlook on CrowdStrike’s earnings cadence, adding support to the bullish narrative. Scotiabank Issues Positive Outlook for CrowdStrike Earnings
• Neutral Sentiment: Sell-side stance mixed: Mizuho issued a “Hold” on CRWD after the results — a neutral signal that may limit upside from some institutional holders. CrowdStrike Gets a Hold from Mizuho Securities
• Neutral Sentiment: Short-interest data appears anomalous: Recent reporting shows 0 shares of short interest and a 0.0 days-to-cover figure, suggesting a data/reporting glitch rather than meaningful short-covering pressure.
• Negative Sentiment: Valuation caution: Coverage highlights that CrowdStrike’s premium valuation remains a risk — some outlets recommend a cautious stance despite strong top-line momentum. CRWD Stock Rises 10% Post Q4 Results: Should You Buy, Sell or Hold?

Insider Buying and Selling at CrowdStrike

In related news, CFO Burt W. Podbere sold 7,871 shares of CrowdStrike stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $415.78, for a total value of $3,272,604.38. Following the completion of the sale, the chief financial officer owned 169,613 shares of the company's stock, valued at $70,521,693.14. The trade was a 4.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Michael Sentonas sold 11,461 shares of CrowdStrike stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $479.78, for a total value of $5,498,758.58. Following the completion of the sale, the president directly owned 342,655 shares of the company's stock, valued at $164,399,015.90. The trade was a 3.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 90,068 shares of company stock worth $40,447,425. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Profile

CrowdStrike Holdings, Inc NASDAQ: CRWD is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company's core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.

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