Primecap Management Co. CA Has $54.86 Million Stock Holdings in CrowdStrike $CRWD

Primecap Management Co. CA trimmed its position in CrowdStrike (NASDAQ:CRWD) by 15.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 107,716 shares of the company’s stock after selling 19,050 shares during the quarter. Primecap Management Co. CA’s holdings in CrowdStrike were worth $54,861,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aspen Investment Management Inc bought a new position in shares of CrowdStrike in the 2nd quarter valued at $479,000. Highview Capital Management LLC DE bought a new stake in shares of CrowdStrike during the 2nd quarter worth $2,124,000. Wealthspire Advisors LLC boosted its stake in CrowdStrike by 3.2% in the second quarter. Wealthspire Advisors LLC now owns 2,409 shares of the company’s stock valued at $1,227,000 after buying an additional 75 shares in the last quarter. Portside Wealth Group LLC bought a new position in CrowdStrike in the second quarter valued at about $368,000. Finally, United Advisor Group LLC raised its stake in CrowdStrike by 7.8% during the second quarter. United Advisor Group LLC now owns 708 shares of the company’s stock worth $361,000 after acquiring an additional 51 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $520.59 on Thursday. The stock’s 50-day moving average is $505.50 and its 200 day moving average is $473.58. The stock has a market cap of $130.65 billion, a price-to-earnings ratio of -437.47, a P/E/G ratio of 120.71 and a beta of 1.16. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during 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 for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the transaction, the chief executive officer owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% 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, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director directly owned 768,511 shares of the company’s stock, valued at $315,335,433.52. This represents a 0.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 116,622 shares of company stock worth $58,561,456 in the last quarter. 3.32% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CRWD has been the topic of a number of research analyst reports. Needham & Company LLC raised their price target on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. KeyCorp lifted their price target on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. Wells Fargo & Company upped their price objective on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Wednesday, October 1st. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Finally, Wedbush boosted their target price on shares of CrowdStrike from $525.00 to $600.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $537.49.

CrowdStrike 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.