Vestmark Advisory Solutions Inc. Has $1.59 Million Position in CrowdStrike $CRWD

Key Points

• Vestmark Advisory Solutions Inc. increased its stake in CrowdStrike (NASDAQ:CRWD) by 92.2%, acquiring an additional 2,160 shares, bringing its total holdings to 4,504 shares valued at approximately $1.59 million.
• A significant amount of insider selling occurred, with CFO Burt W. Podbere and CEO George Kurtz selling shares worth over $24 million combined, decreasing their ownership percentages by 4.89% and 1.94%, respectively.
• Analysts have mixed views on CrowdStrike, with a consensus rating of "Moderate Buy" and an average price target of $461.17, reflecting a spectrum of opinions from various investment firms.

Vestmark Advisory Solutions Inc. boosted its holdings in CrowdStrike (NASDAQ:CRWD - Free Report) by 92.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,504 shares of the company's stock after purchasing an additional 2,160 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in CrowdStrike were worth $1,588,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in CRWD. Nuveen LLC acquired a new stake in CrowdStrike in the first quarter valued at $595,766,000. Jennison Associates LLC lifted its stake in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares during the last quarter. GAMMA Investing LLC lifted its stake in CrowdStrike by 50,536.2% in the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock valued at $383,132,000 after acquiring an additional 1,084,506 shares during the last quarter. Pathstone Holdings LLC lifted its stake in CrowdStrike by 379.0% in the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock valued at $440,116,000 after acquiring an additional 1,017,678 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company's stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Stifel Nicolaus increased their price target on shares of CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Truist Financial reiterated a "buy" rating and issued a $500.00 price target (up previously from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Cantor Fitzgerald increased their price target on shares of CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Morgan Stanley reiterated an "equal weight" rating and issued a $495.00 price target (up previously from $490.00) on shares of CrowdStrike in a research note on Monday, July 14th. Finally, The Goldman Sachs Group raised their target price on shares of CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Twenty-six analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $460.81.

CrowdStrike Stock Performance

CrowdStrike stock traded down $8.0420 during midday trading on Wednesday, hitting $410.5580. The company's stock had a trading volume of 648,296 shares, compared to its average volume of 3,683,409. 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 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The company has a 50-day moving average price of $471.05 and a two-hundred day moving average price of $427.34. The company has a market cap of $102.33 billion, a price-to-earnings ratio of -594.99 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the previous year, the company earned $0.93 EPS. The business's revenue was up 19.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. As a group, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In other CrowdStrike news, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director owned 81,383 shares in the company, valued at $38,592,632.43. The trade was a 2.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 214,414 shares of company stock worth $101,484,738. 3.32% of the stock is currently owned by insiders.

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.