CrowdStrike $CRWD Shares Sold by Forsta AP Fonden

Forsta AP Fonden cut its stake in CrowdStrike (NASDAQ:CRWDFree Report) by 3.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,400 shares of the company’s stock after selling 2,000 shares during the period. Forsta AP Fonden’s holdings in CrowdStrike were worth $25,669,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CRWD. National Pension Service increased its stake in CrowdStrike by 2.4% in the 2nd quarter. National Pension Service now owns 478,060 shares of the company’s stock valued at $243,481,000 after purchasing an additional 10,990 shares in the last quarter. Advyzon Investment Management LLC grew its holdings in CrowdStrike by 142.9% in the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after purchasing an additional 533 shares during the last quarter. Avalon Capital Management acquired a new stake in CrowdStrike in the second quarter valued at $204,000. STF Management LP increased its position in shares of CrowdStrike by 2.6% in the second quarter. STF Management LP now owns 3,503 shares of the company’s stock valued at $1,784,000 after buying an additional 88 shares in the last quarter. Finally, Cvfg LLC acquired a new position in shares of CrowdStrike during the 2nd quarter worth $210,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In related news, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares in the company, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the transaction, the chief financial officer directly owned 218,467 shares in the company, valued at approximately $120,246,421.47. This represents a 0.89% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $556.73 on Wednesday. The company has a market cap of $139.72 billion, a P/E ratio of -467.84, a P/E/G ratio of 131.02 and a beta of 1.16. The business has a fifty day simple moving average of $492.35 and a 200-day simple moving average of $469.72. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $558.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWDGet Free Report) last issued 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 firm 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%.The firm’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the company earned $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. Equities research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Truist Financial increased their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Arete raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 price target on the stock in a report on Tuesday, October 28th. Wells Fargo & Company raised their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. Arete Research set a $706.00 price objective on CrowdStrike in a research report on Tuesday, October 28th. Finally, Piper Sandler reduced their target price on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $510.80.

View Our Latest Research Report on CRWD

About CrowdStrike

(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.

See Also

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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