California Public Employees Retirement System Has $201.94 Million Stock Holdings in CrowdStrike $CRWD

California Public Employees Retirement System boosted its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 12.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 396,493 shares of the company’s stock after purchasing an additional 43,686 shares during the quarter. California Public Employees Retirement System owned about 0.16% of CrowdStrike worth $201,938,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. AlphaQuest LLC bought a new stake in shares of CrowdStrike in the second quarter valued at approximately $26,000. Financial Gravity Companies Inc. bought a new position in CrowdStrike during the second quarter worth $33,000. Saudi Central Bank acquired a new position in CrowdStrike during the 1st quarter valued at $34,000. Financial Management Professionals Inc. boosted its holdings in CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares during the period. Finally, Loomis Sayles & Co. L P bought a new stake in CrowdStrike in the 2nd quarter valued at $36,000. 71.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and set a $630.00 price objective on shares of CrowdStrike in a report on Wednesday, December 3rd. Capital One Financial lifted their target price on CrowdStrike from $599.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. Robert W. Baird upped their price target on CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Barclays raised their price objective on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Finally, HSBC boosted their price objective on CrowdStrike from $417.00 to $446.00 and gave the company a “hold” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $553.26.

CrowdStrike Price Performance

CrowdStrike stock opened at $512.03 on Monday. The business has a 50 day simple moving average of $515.01 and a 200 day simple moving average of $480.06. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market capitalization of $128.50 billion, a PE ratio of -406.37, a price-to-earnings-growth ratio of 123.94 and a beta of 1.09. CrowdStrike has a one year low of $298.00 and a one year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The business’s revenue was up 21.8% compared to the same quarter last year. 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, sell-side analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Burt W. Podbere sold 1,957 shares of CrowdStrike stock in a transaction dated 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 transaction, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at $120,246,421.47. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO George Kurtz sold 6,975 shares of CrowdStrike stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the transaction, the chief executive officer directly owned 2,108,082 shares of the company’s stock, valued at $1,159,213,210.98. This represents a 0.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 110,372 shares of company stock worth $55,996,956 in the last quarter. 3.32% of the stock is owned by corporate insiders.

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.