Allstate Corp Purchases New Holdings in CrowdStrike $CRWD

Allstate Corp acquired a new position in shares of CrowdStrike (NASDAQ:CRWD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,240 shares of the company’s stock, valued at approximately $4,531,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRWD. Asset Planning Inc acquired a new position in CrowdStrike in the third quarter valued at about $25,000. AlphaQuest LLC acquired a new position in shares of CrowdStrike in the 2nd quarter valued at approximately $26,000. Howard Hughes Medical Institute bought a new stake in shares of CrowdStrike during the 2nd quarter worth approximately $27,000. Pinnacle Bancorp Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter worth approximately $27,000. Finally, Financial Gravity Companies Inc. bought a new position in CrowdStrike in the second quarter valued at approximately $33,000. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $453.88 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The firm has a market cap of $114.42 billion, a PE ratio of -360.22, a price-to-earnings-growth ratio of 110.19 and a beta of 1.03. The firm’s fifty day moving average is $494.73 and its 200-day moving average is $480.12.

CrowdStrike (NASDAQ:CRWD) last announced 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 business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company earned $0.93 EPS. CrowdStrike’s revenue for the quarter 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. Sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

CRWD has been the subject of several recent analyst reports. Macquarie restated a “neutral” rating and set a $485.00 target price on shares of CrowdStrike in a research note on Wednesday, December 3rd. The Goldman Sachs Group upped their price objective on CrowdStrike from $535.00 to $564.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. BTIG Research reissued a “buy” rating and issued a $640.00 target price on shares of CrowdStrike in a report on Tuesday, January 13th. Finally, Zacks Research downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 24th. Thirty-two equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $555.21.

More CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CRWD announced a $740M deal to buy SGNL (Continuous Identity), which extends Falcon into real‑time, risk‑based access control — a strategic fit for securing AI agents and non‑human identities and strengthens the platform narrative. Why CrowdStrike’s SGNL Acquisition Matters for CRWD Stock
• Positive Sentiment: CrowdStrike is also acquiring Seraphic to add browser‑session protection (AI‑driven risks in browsers), broadening Falcon’s coverage and supporting growth avenues beyond endpoints. CRWD to Acquire Seraphic
• Positive Sentiment: Analyst sentiment is increasingly constructive: MarketBeat highlights that a major bear has turned bullish and technical momentum looks to be stabilizing — this supports a potential upside if momentum continues. CrowdStrike: A Major Bear Throws in the Towel—Upside Ahead
• Positive Sentiment: BTIG reiterated its Buy and a $640 target recently, and Capital One trimmed its target only slightly (from $600 to $590) while keeping an Overweight rating — both moves keep meaningful upside visible to investors. Capital One / MarketScreener TickerReport BTIG Reiterates Buy
• Neutral Sentiment: CEO commentary: management warns AI agents can be unpredictable while continuing M&A to bolt on capabilities — underscores both opportunity and execution risk but is not a direct near‑term earnings driver. AOL: CEO says AI agents are unpredictable Yahoo Finance: CEO on M&A
• Neutral Sentiment: KeyCorp published updated quarterly and full‑year EPS estimates (various quarters) and maintains a Sector Weight — useful for modeling but not a directional catalyst by itself. MarketBeat CRWD page
• Negative Sentiment: Despite strategic M&A, investors are focused on valuation: MarketBeat notes the SGNL deal hasn’t changed sentiment much and the stock has been testing support levels; separate coverage flagged that CRWD recently fell more than the broader market — near‑term pressure remains. SGNL acquisition analysis Zacks: Here’s Why CRWD Fell

Insider Buying and Selling

In other news, President Michael Sentonas sold 11,461 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $479.78, for a total value of $5,498,758.58. Following the transaction, the president owned 342,655 shares in the company, valued at approximately $164,399,015.90. The trade was a 3.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Burt W. Podbere sold 10,516 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $483.33, for a total transaction of $5,082,698.28. Following the completion of the sale, the chief financial officer directly owned 179,114 shares in the company, valued at approximately $86,571,169.62. This represents a 5.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 74,048 shares of company stock valued at $37,153,707 over the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

CrowdStrike 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.