AMI Asset Management Corp Purchases New Shares in CrowdStrike $CRWD

AMI Asset Management Corp bought a new position in CrowdStrike (NASDAQ:CRWD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 41,571 shares of the company’s stock, valued at approximately $20,385,000.

Other hedge funds 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 second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after buying an additional 22 shares during the period. Nova Wealth Management Inc. lifted its stake in shares of CrowdStrike by 5.4% during the 3rd quarter. Nova Wealth Management Inc. now owns 428 shares of the company’s stock worth $210,000 after acquiring an additional 22 shares during the last quarter. Brighton Jones LLC boosted its holdings in CrowdStrike by 0.3% during the 3rd quarter. Brighton Jones LLC now owns 7,776 shares of the company’s stock valued at $3,813,000 after acquiring an additional 22 shares during the period. Real Talk Capital LLC boosted its holdings in 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 acquiring an additional 24 shares during the period. Finally, Eagle Wealth Strategies LLC grew its position in CrowdStrike by 4.1% in the 2nd quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock valued at $321,000 after acquiring an additional 25 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 17,550 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $481.38, for a total value of $8,448,219.00. Following the sale, the chief executive officer directly owned 2,090,532 shares of the company’s stock, valued at $1,006,340,294.16. This represents a 0.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 1,879 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $527.51, for a total value of $991,191.29. Following the sale, the director directly owned 763,027 shares in the company, valued at $402,504,372.77. This represents a 0.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,559 shares of company stock valued at $59,246,587 over the last quarter. Company insiders own 3.32% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the subject of several research analyst reports. Sanford C. Bernstein reiterated a “market perform” rating and set a $353.00 target price on shares of CrowdStrike in a research report on Wednesday, December 3rd. Cowen reiterated a “buy” rating on shares of CrowdStrike in a report on Wednesday, December 3rd. Argus upped their target price on shares of CrowdStrike from $540.00 to $600.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Oppenheimer raised their target price on shares of CrowdStrike from $560.00 to $580.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Finally, Roth Capital reiterated a “buy” rating and issued a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $555.10.

CrowdStrike Stock Performance

CRWD opened at $476.35 on Friday. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The company has a market cap of $120.09 billion, a P/E ratio of -378.06, a price-to-earnings-growth ratio of 114.76 and a beta of 1.09. The firm’s 50-day moving average price is $514.35 and its 200-day moving average price is $482.52.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. CrowdStrike’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the business earned $0.93 EPS. 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, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

About CrowdStrike

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.