Acadian Asset Management LLC Takes $12.28 Million Position in CrowdStrike $CRWD

Acadian Asset Management LLC bought a new position in CrowdStrike (NASDAQ:CRWD) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 24,110 shares of the company’s stock, valued at approximately $12,276,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Patron Partners LLC boosted its position in shares of CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after acquiring an additional 22 shares during the last quarter. Real Talk Capital LLC increased its position in shares of CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after purchasing an additional 24 shares during the last quarter. Close Asset Management Ltd increased its position in CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after acquiring an additional 25 shares during the last quarter. Ramirez Asset Management Inc. raised its stake in shares of CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after acquiring an additional 25 shares during the period. Finally, Cladis Investment Advisory LLC raised its stake in shares of CrowdStrike by 1.5% in the first quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after acquiring an additional 25 shares during the period. 71.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Robert W. Baird lifted their price target on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. UBS Group decreased their price objective on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Oppenheimer upped their target price on CrowdStrike from $520.00 to $560.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Jefferies Financial Group increased their price target on CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Finally, Macquarie raised their price target on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and an average target price of $510.80.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $556.73 on Wednesday. The firm has a 50 day moving average of $492.35 and a 200 day moving average of $469.72. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $139.72 billion, a price-to-earnings ratio of -467.84, a price-to-earnings-growth ratio of 131.02 and a beta of 1.16. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $558.98.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s revenue was up 21.4% compared to the same quarter last year. During the same period last year, the business posted $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. On average, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the transaction, the president owned 354,116 shares in the company, valued at $182,369,740. The trade was a 2.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Burt W. Podbere sold 1,957 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the sale, the chief financial officer owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, 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 Company 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.