Voya Investment Management LLC Has $574.53 Million Stock Holdings in CrowdStrike $CRWD

Key Points

• Voya Investment Management LLC reduced its stake in CrowdStrike by 15.1%, now holding approximately 1.63 million shares valued at $574.53 million, constituting about 0.6% of its investment portfolio.
• Other major investors including Vanguard Group and Goldman Sachs also increased their holdings in CrowdStrike, indicating strong institutional interest in the company.
• Recent analyst ratings reveal a mixed outlook, with target prices ranging from $343 to $550, while the stock maintains a consensus rating of "Moderate Buy" with an average price target of $460.10.

Voya Investment Management LLC lessened its position in shares of CrowdStrike (NASDAQ:CRWD - Free Report) by 15.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,630,083 shares of the company's stock after selling 290,818 shares during the quarter. CrowdStrike comprises about 0.6% of Voya Investment Management LLC's investment portfolio, making the stock its 20th largest position. Voya Investment Management LLC owned approximately 0.65% of CrowdStrike worth $574,527,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of CrowdStrike by 4.1% during 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 period. Jennison Associates LLC lifted its stake in shares of CrowdStrike by 21.1% during 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after acquiring an additional 955,529 shares during the period. Goldman Sachs Group Inc. lifted its stake in CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company's stock valued at $939,747,000 after buying an additional 760,222 shares during the period. Finally, Invesco Ltd. lifted its stake in CrowdStrike by 16.4% in the first quarter. Invesco Ltd. now owns 2,506,418 shares of the company's stock valued at $883,713,000 after buying an additional 352,473 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In related news, Director Roxanne S. Austin sold 15,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the sale, the director owned 18,858 shares of the company's stock, valued at approximately $9,385,060.86. This trade represents a 44.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The shares were 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 directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders sold 143,734 shares of company stock valued at $67,337,728 in the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on CRWD. Sanford C. Bernstein cut their target price on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating on the stock in a research note on Thursday, August 28th. Wells Fargo & Company increased their target price on CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. New Street Research set a $460.00 target price on CrowdStrike in a research note on Thursday, August 28th. Bank of America reissued a "neutral" rating and issued a $470.00 target price (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Rosenblatt Securities cut their target price on CrowdStrike from $515.00 to $490.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. One research 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $460.10.

CrowdStrike Trading Up 2.0%

NASDAQ CRWD opened at $433.38 on Friday. The firm has a market cap of $108.76 billion, a P/E ratio of -364.18, a P/E/G ratio of 132.97 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The stock's 50-day moving average is $447.53 and its 200-day moving average is $426.55. CrowdStrike has a one year low of $252.48 and a one year high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 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 analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike's revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 earnings per share. 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 earnings per share for the current fiscal year.

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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