Teacher Retirement System of Texas Has $22.12 Million Holdings in CrowdStrike $CRWD

Teacher Retirement System of Texas lessened its stake in shares of CrowdStrike (NASDAQ:CRWD) by 8.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,431 shares of the company’s stock after selling 4,008 shares during the period. Teacher Retirement System of Texas’ holdings in CrowdStrike were worth $22,120,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CRWD. Cloud Capital Management LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC raised its holdings in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares during the period. Vision Financial Markets LLC acquired a new stake in CrowdStrike during the 1st quarter worth about $26,000. AlphaQuest LLC acquired a new stake in CrowdStrike during the 2nd quarter worth about $26,000. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike during the 1st quarter worth about $30,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In other news, CEO George Kurtz sold 17,830 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the completion of the sale, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 158,090 shares of company stock valued at $75,500,649. Insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 0.5%

Shares of NASDAQ CRWD opened at $529.70 on Tuesday. The stock has a market cap of $132.93 billion, a price-to-earnings ratio of -445.12, a PEG ratio of 123.92 and a beta of 1.19. The business has a 50 day simple moving average of $465.42 and a 200 day simple moving average of $456.82. CrowdStrike has a 52 week low of $294.68 and a 52 week high of $535.52. 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 (NASDAQ:CRWD) last announced its 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 during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the business 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, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CRWD shares. New Street Research set a $460.00 target price on CrowdStrike in a research note on Thursday, August 28th. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $440.00 to $600.00 in a research note on Thursday, September 25th. The Goldman Sachs Group lifted their target price on CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Evercore ISI lifted their target price on CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. Finally, Roth Capital reaffirmed a “buy” rating and set a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $496.47.

About CrowdStrike

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.