Amundi Grows Stock Holdings in CrowdStrike $CRWD

Amundi increased its stake in CrowdStrike (NASDAQ:CRWD) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,013,407 shares of the company’s stock after purchasing an additional 21,862 shares during the quarter. Amundi owned 0.41% of CrowdStrike worth $502,751,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. AlphaQuest LLC purchased a new position in shares of CrowdStrike in the 2nd quarter worth $26,000. Financial Gravity Companies Inc. purchased a new stake in CrowdStrike during the second quarter valued at $33,000. Saudi Central Bank bought a new position in CrowdStrike in the first quarter valued at about $34,000. Financial Management Professionals Inc. boosted its position in CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. Finally, Loomis Sayles & Co. L P bought a new stake in shares of CrowdStrike during the 2nd quarter valued at about $36,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CRWD shares. Roth Capital reiterated a “buy” rating and issued a $510.00 price objective (up previously from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Jefferies Financial Group increased their price target on shares of CrowdStrike from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. BTIG Research reissued a “buy” rating and set a $640.00 price objective on shares of CrowdStrike in a research report on Wednesday. Barclays upped their price objective on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Finally, Bank of America lifted their target price on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research report on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $555.51.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $513.12 on Friday. The business’s 50-day simple moving average is $514.40 and its two-hundred day simple moving average is $479.02. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The stock has a market cap of $128.77 billion, a PE ratio of -407.24, a P/E/G ratio of 123.56 and a beta of 1.09. The company has a quick ratio of 1.88, a current ratio of 1.81 and a debt-to-equity ratio of 0.18.

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

Insider Transactions at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 10,706 shares of the business’s stock in a transaction 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 sale, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. The trade was a 4.63% 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, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 110,372 shares of company stock valued at $55,996,956. 3.32% of the stock is owned by corporate insiders.

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.