Technology

CrowdStrike $CRWD Shares Bought by Intech Investment Management LLC

CrowdStrike $CRWD Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC boosted its position in shares of CrowdStrike (NASDAQ:CRWD – Free Report) by 11.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,723 shares of the company’s stock after buying an additional 808 shares during the period. Intech Investment Management LLC’s holdings in CrowdStrike were worth $2,723,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in CRWD. Tradewinds Capital Management LLC lifted its holdings in CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after acquiring an additional 25 shares during the last quarter. Close Asset Management Ltd increased its holdings in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after buying an additional 25 shares during the last quarter. Ramirez Asset Management Inc. increased its holdings in CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after buying an additional 25 shares during the last quarter. Cladis Investment Advisory LLC grew its holdings in shares of CrowdStrike by 1.5% during the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock worth $593,000 after purchasing an additional 25 shares during the last quarter. Finally, Stratos Wealth Advisors LLC grew its holdings in shares of CrowdStrike by 0.9% during the first quarter. Stratos Wealth Advisors LLC now owns 2,983 shares of the company’s stock worth $1,052,000 after purchasing an additional 26 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.
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CrowdStrike Stock Up 0.6%
CRWD stock opened at $436.10 on Monday. The stock has a market capitalization of $109.44 billion, a P/E ratio of -366.47, a PEG ratio of 136.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a one year low of $256.00 and a one year high of $517.98. The company has a 50 day moving average price of $445.98 and a two-hundred day moving average price of $427.49.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company earned $1.04 EPS. The business’s quarterly revenue 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. As a group, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current year.
Analysts Set New Price Targets
A number of research firms recently issued reports on CRWD. UBS Group lowered their price target on CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $475.00 price target on shares of CrowdStrike in a report on Tuesday, August 26th. Morgan Stanley reduced their price target on CrowdStrike from $495.00 to $460.00 and set an “equal weight” rating for the company in a report on Thursday, August 28th. Stephens raised their price target on CrowdStrike from $450.00 to $540.00 and gave the company an “overweight” rating in a report on Wednesday, June 4th. Finally, Royal Bank Of Canada set a $510.00 price target on CrowdStrike and gave the company an “outperform” rating in a report on Thursday, August 28th. One equities 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $460.10.
Read Our Latest Research Report on CrowdStrike
Insiders Place Their Bets
In related news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of the company’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the completion of the transaction, the director owned 18,858 shares of the company’s stock, valued at approximately $9,667,553.70. This trade represents a 33.38% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 143,734 shares of company stock worth $67,337,728. Company insiders own 3.32% of the company’s stock.
CrowdStrike Profile
(Free Report)
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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