Ameriprise Financial Inc. Sells 296,880 Shares of CrowdStrike $CRWD

Ameriprise Financial Inc. reduced its position in shares of CrowdStrike (NASDAQ:CRWD) by 21.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,069,439 shares of the company’s stock after selling 296,880 shares during the period. Ameriprise Financial Inc. owned 0.43% of CrowdStrike worth $524,338,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Lazard Asset Management LLC raised its holdings in CrowdStrike by 1.6% in the 3rd quarter. Lazard Asset Management LLC now owns 10,352 shares of the company’s stock worth $5,076,000 after purchasing an additional 161 shares in the last quarter. AQR Capital Management LLC raised its stake in CrowdStrike by 16.6% in the third quarter. AQR Capital Management LLC now owns 335,308 shares of the company’s stock worth $162,336,000 after buying an additional 47,824 shares in the last quarter. Prairie Wealth Advisors Inc. purchased a new stake in CrowdStrike in the third quarter worth about $209,000. Imprint Wealth LLC purchased a new stake in CrowdStrike in the third quarter worth about $801,000. Finally, Integrity Wealth Advisors Inc. boosted its position in CrowdStrike by 77.6% during the 3rd quarter. Integrity Wealth Advisors Inc. now owns 698 shares of the company’s stock valued at $348,000 after acquiring an additional 305 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 0.1%

CrowdStrike stock opened at $441.78 on Monday. CrowdStrike has a one year low of $298.00 and a one year high of $566.90. The business’s fifty day moving average is $428.62 and its 200 day moving average is $470.00. The stock has a market capitalization of $112.04 billion, a PE ratio of -596.99, a price-to-earnings-growth ratio of 19.38 and a beta of 1.07. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.77 and a quick ratio of 1.77.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm earned $1.03 EPS. CrowdStrike’s revenue was up 23.8% on a year-over-year basis. On average, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research analyst reports. Daiwa Securities Group reduced their target price on CrowdStrike from $560.00 to $500.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (d+)” rating on shares of CrowdStrike in a research note on Monday, December 29th. Needham & Company LLC dropped their target price on shares of CrowdStrike from $575.00 to $475.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. JPMorgan Chase & Co. reduced their target price on shares of CrowdStrike from $582.00 to $472.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Finally, Stephens increased their price target on shares of CrowdStrike from $465.00 to $490.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $506.26.

Insider Activity

In other news, Director Johanna Flower sold 3,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $461.94, for a total value of $1,385,820.00. Following the transaction, the director directly owned 76,082 shares in the company, valued at $35,145,319.08. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Burt W. Podbere sold 10,516 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $483.33, for a total value of $5,082,698.28. Following the completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 90,024 shares of company stock worth $40,424,241. Insiders own 3.32% of the company’s stock.

More CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Analyst upgrades lift sentiment — DZ Bank and Morgan Stanley raised ratings or reiterated bullish views this week, and market commentary notes Morgan Stanley is “doubling down” on CrowdStrike, supporting near-term demand for the stock. CrowdStrike Stock Rating Upgraded by DZ Bank Morgan Stanley Is Doubling Down on CrowdStrike
• Positive Sentiment: Strategic product integration with AI browser providers — CrowdStrike announced Falcon Cyber Shield integration into Perplexity’s Comet AI browser (Comet Enterprise), expanding Falcon’s addressable market in AI-native tooling and addressing AI-enabled threat vectors. That partnership is a tangible revenue/expansion catalyst as enterprises adopt AI. CrowdStrike and Perplexity Partner
• Positive Sentiment: Positive media/analyst narratives on momentum and AI leadership — several outlets (Zacks, MSN, The Motley Fool) profile CrowdStrike as a top momentum/AI-security name vs. peers (e.g., Palo Alto Networks), which can attract growth-oriented flows. Why CrowdStrike is a Top Momentum Stock (MSN) CrowdStrike vs. Palo Alto Networks (Fool)
• Neutral Sentiment: Short-interest data reported this week appears inconsistent or erroneous (sources show zero shares/NaN changes and 0.0 days to cover), so there’s no clear short-squeeze signal to factor into near-term price moves. (Data anomaly noted 3/11–3/12.)
• Negative Sentiment: Valuation and profitability remain potential headwinds — CrowdStrike trades at a very high market cap and currently shows negative trailing P/E metrics, which could temper upside if growth slows or guidance disappoints. (Investors should weigh upgrades/partnerships against valuation risk.)

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.