Rakuten Investment Management Inc. Invests $44.17 Million in CrowdStrike $CRWD

Rakuten Investment Management Inc. acquired a new stake in shares of CrowdStrike (NASDAQ:CRWD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 90,082 shares of the company’s stock, valued at approximately $44,174,000.

A number of other hedge funds also recently bought and sold shares of CRWD. Brighton Jones LLC lifted its holdings in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after acquiring an additional 2,417 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of CrowdStrike by 3.6% during the 1st quarter. Empowered Funds LLC now owns 4,812 shares of the company’s stock valued at $1,697,000 after purchasing an additional 169 shares during the last quarter. Diversified Trust Co raised its position in CrowdStrike by 78.5% in the 2nd quarter. Diversified Trust Co now owns 1,169 shares of the company’s stock worth $595,000 after purchasing an additional 514 shares during the period. CX Institutional raised its position in CrowdStrike by 65.5% in the 2nd quarter. CX Institutional now owns 819 shares of the company’s stock worth $417,000 after purchasing an additional 324 shares during the period. Finally, Annex Advisory Services LLC bought a new stake in CrowdStrike in the second quarter worth $213,000. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 11,461 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $479.78, for a total value of $5,498,758.58. Following the completion of the transaction, the president directly owned 342,655 shares in the company, valued at approximately $164,399,015.90. This represents a 3.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 17,550 shares of CrowdStrike stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $481.38, for a total transaction of $8,448,219.00. Following the sale, the chief executive officer directly owned 2,090,532 shares in the company, valued at $1,006,340,294.16. The trade was a 0.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 74,048 shares of company stock worth $37,153,707. Company insiders own 3.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CRWD shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $621.00 price objective on shares of CrowdStrike in a research note on Wednesday, December 3rd. Macquarie restated a “neutral” rating and set a $485.00 target price on shares of CrowdStrike in a report on Wednesday, December 3rd. Morgan Stanley raised their price target on CrowdStrike from $515.00 to $537.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 18th. Wedbush reaffirmed an “outperform” rating and issued a $600.00 price target on shares of CrowdStrike in a research note on Monday, December 1st. Finally, BMO Capital Markets increased their price objective on CrowdStrike from $500.00 to $555.00 and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Thirty-two analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $555.21.

CrowdStrike Trading Down 2.5%

NASDAQ CRWD opened at $442.73 on Wednesday. The stock has a market cap of $111.61 billion, a P/E ratio of -351.37, a price-to-earnings-growth ratio of 110.19 and a beta of 1.03. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The stock has a 50 day simple moving average of $490.37 and a two-hundred day simple moving average of $479.20. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The business’s revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.