Amundi Decreases Stock Holdings in CrowdStrike $CRWD

Amundi reduced its stake in shares of CrowdStrike (NASDAQ:CRWD) by 28.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 991,545 shares of the company’s stock after selling 391,407 shares during the quarter. Amundi’s holdings in CrowdStrike were worth $344,453,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CRWD. Brighton Jones LLC lifted its stake in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its stake in shares of CrowdStrike by 30.7% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 915 shares of the company’s stock worth $313,000 after purchasing an additional 215 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of CrowdStrike by 50.8% during the 4th quarter. Baird Financial Group Inc. now owns 40,316 shares of the company’s stock worth $13,795,000 after purchasing an additional 13,576 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of CrowdStrike by 2.7% during the 4th quarter. Captrust Financial Advisors now owns 55,654 shares of the company’s stock worth $19,043,000 after purchasing an additional 1,450 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of CrowdStrike by 1.5% during the 4th quarter. Cetera Investment Advisers now owns 158,584 shares of the company’s stock worth $54,261,000 after purchasing an additional 2,352 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on CRWD. Scotiabank decreased their price objective on CrowdStrike from $480.00 to $440.00 and set a “sector perform” rating for the company in a research note on Thursday, August 28th. Needham & Company LLC reduced their target price on CrowdStrike from $530.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. The Goldman Sachs Group upped their target price on CrowdStrike from $389.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. Oppenheimer reaffirmed an “outperform” rating and set a $520.00 target price on shares of CrowdStrike in a research report on Thursday, August 28th. Finally, DA Davidson reduced their target price on CrowdStrike from $530.00 to $490.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $460.10.

CrowdStrike Stock Down 0.1%

CrowdStrike stock opened at $413.20 on Thursday. The firm has a market cap of $102.99 billion, a price-to-earnings ratio of -347.22 and a beta of 1.12. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98. The business’s 50-day moving average price is $457.05 and its 200 day moving average price is $426.90. The company has a quick ratio of 1.85, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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%.CrowdStrike’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period last year, the company 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. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity

In other CrowdStrike news, Director Johanna Flower sold 2,073 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total transaction of $983,037.33. Following the transaction, the director owned 81,383 shares in the company, valued at approximately $38,592,632.43. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Roxanne S. Austin sold 9,447 shares of the stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the transaction, the director owned 18,858 shares in the company, valued at $9,667,553.70. This represents a 33.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 188,164 shares of company stock valued at $88,876,050 over the last 90 days. Company insiders own 3.32% of the company’s stock.

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.