GRIMES & Co WEALTH MANAGEMENT LLC Has $1.52 Million Position in CrowdStrike $CRWD

GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in CrowdStrike (NASDAQ:CRWD) by 166.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,100 shares of the company’s stock after purchasing an additional 1,936 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in CrowdStrike were worth $1,520,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CRWD. Vanguard Group Inc. grew its stake in shares of CrowdStrike by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock valued at $11,933,425,000 after buying an additional 596,007 shares during the period. State Street Corp grew its stake in CrowdStrike by 3.6% in the second quarter. State Street Corp now owns 10,804,651 shares of the company’s stock valued at $5,502,917,000 after acquiring an additional 370,965 shares during the period. Geode Capital Management LLC increased its holdings in shares of CrowdStrike by 5.0% during the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after acquiring an additional 273,922 shares in the last quarter. Laurel Wealth Advisors LLC raised its position in shares of CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after purchasing an additional 4,285,640 shares during the period. Finally, Norges Bank acquired a new position in shares of CrowdStrike during the second quarter worth approximately $1,638,365,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the subject of several research reports. Stephens reissued an “overweight” rating and issued a $590.00 price target on shares of CrowdStrike in a research report on Thursday, December 18th. Cantor Fitzgerald reiterated an “overweight” rating and set a $590.00 price objective on shares of CrowdStrike in a report on Wednesday, December 3rd. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. UBS Group raised their price target on shares of CrowdStrike from $580.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, Arete Research set a $706.00 price objective on CrowdStrike in a report on Tuesday, October 28th. Thirty-two equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $555.42.

Key Headlines Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike agreed to acquire identity-security startup SGNL (reported price ~$740M), positioning identity protection as a new growth pillar for the Falcon platform — a move analysts say could expand addressable market and cross-sell opportunities. CRWD to Acquire SGNL
• Positive Sentiment: Analysts have broadly applauded the SGNL deal and reiterated buy ratings, signaling continued sell-side support for CrowdStrike’s growth strategy tied to identity/security expansion. Analysts Applaud SGNL Deal
• Positive Sentiment: CrowdStrike announced a strategic partnership with Nord Security to target SMB cybersecurity—this expands go-to-market options and could accelerate penetration in a large segment. CrowdStrike and Nord Security Partnership
• Positive Sentiment: BTIG reaffirmed a Buy on CRWD with a $640 price target — a sizable upside from current levels — which supports upside expectations among some institutional investors. BTIG Reaffirms Buy
• Neutral Sentiment: Benzinga compiled 39 analyst reviews of CrowdStrike; the summary highlights mixed views on growth vs. valuation, useful for context but not a single market-moving change. Demystifying CrowdStrike: 39 Analyst Reviews
• Neutral Sentiment: Zacks and other outlets note heavy investor interest and broker commentary; these pieces reiterate fundamentals and analyst sentiment but don’t introduce a new catalyst. Brokers Suggest Investing in CrowdStrike
• Negative Sentiment: KeyBanc downgraded CrowdStrike (and flagged concerns about lower security budgets and lack of AI tailwinds), which is a direct bearish signal that can pressure the stock short-term. KeyBanc Downgrades CrowdStrike
• Negative Sentiment: Independent pieces (Seeking Alpha, others) caution that while growth is reaccelerating, valuation remains a constraint — a common theme that may cap upside until proof of sustained margin/earnings expansion appears. Growth Reaccelerating but Valuation Constraint

CrowdStrike Stock Performance

CRWD stock opened at $468.02 on Wednesday. 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 firm has a market cap of $117.99 billion, a PE ratio of -371.44, a P/E/G ratio of 112.32 and a beta of 1.03. The business has a 50 day moving average of $499.47 and a 200-day moving average of $481.02. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly 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 business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.CrowdStrike’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Denis Oleary sold 7,750 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $515.44, for a total value of $3,994,660.00. Following the transaction, the director directly owned 10,816 shares in the company, valued at $5,574,999.04. The trade was a 41.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 10,516 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $483.33, for a total transaction of $5,082,698.28. Following the sale, the chief financial officer owned 179,114 shares of the company’s stock, valued at approximately $86,571,169.62. The trade was a 5.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 71,048 shares of company stock valued at $35,767,887 in the last 90 days. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Company 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.