Azzad Asset Management Inc. ADV Invests $936,000 in CrowdStrike $CRWD

Azzad Asset Management Inc. ADV bought a new position in shares of CrowdStrike (NASDAQ:CRWD) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 1,997 shares of the company’s stock, valued at approximately $936,000.

A number of other hedge funds also recently made changes to their positions in CRWD. Assenagon Asset Management S.A. raised its stake in shares of CrowdStrike by 232.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 714,165 shares of the company’s stock worth $334,772,000 after purchasing an additional 499,353 shares during the period. Vanguard Group Inc. increased its stake in shares of CrowdStrike by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 23,876,498 shares of the company’s stock worth $11,708,557,000 after purchasing an additional 445,926 shares during the last quarter. First Trust Advisors LP increased its stake in shares of CrowdStrike by 19.9% during the 3rd quarter. First Trust Advisors LP now owns 2,599,902 shares of the company’s stock worth $1,274,940,000 after purchasing an additional 431,382 shares during the last quarter. State Street Corp increased its stake in shares of CrowdStrike by 3.6% during the 2nd quarter. State Street Corp now owns 10,804,651 shares of the company’s stock worth $5,502,917,000 after purchasing an additional 370,965 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of CrowdStrike by 33.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 1,426,641 shares of the company’s stock worth $699,596,000 after purchasing an additional 357,865 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Key Headlines Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike’s board expanded its share-repurchase authorization to $1.5 billion (added $500M), signaling confidence and returning capital to shareholders. CrowdStrike Expands Buyback Authorization To $1.5 Billion After Record Q4 FY26
• Positive Sentiment: Anthropic announced a coalition/partnership posture that frames AI vendors as collaborating with — not displacing — traditional cyber vendors; that reduced a key strategic risk for CrowdStrike and helped lift cybersecurity names. CrowdStrike, Palo Alto Networks shares pop as cybersecurity bulls finally get some AI validation
• Positive Sentiment: CrowdStrike was named a Customers’ Choice in Gartner Peer Insights’ Voice of the Customer for Managed Detection & Response — a credibility boost for Falcon Complete and Agentic MDR as demand for AI-enhanced security grows. CrowdStrike Named a Customers’ Choice in the 2026 Gartner Peer Insights™ ‘Voice of the Customer’ for Managed Detection and Response Report
• Positive Sentiment: Management and media noted a strong quarter (record Q4) and management cited AI tailwinds and an aggressive long-term ARR target, which underpins the buyback rationale. CrowdStrike Unveils $500 Million Buyback Boost
• Neutral Sentiment: Media coverage and analyst notes highlighting a generally bullish consensus (average brokerage rating ~Buy) are supporting sentiment but reflect existing expectations rather than new fundamental changes. Is It Worth Investing in CrowdStrike (CRWD) Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Market-season headlines and stock-screening reports note CRWD “outperformed the market” intraday — useful confirmation of flows but not a fundamental driver. CrowdStrike Holdings Inc. Cl A stock rises Tuesday, outperforms market
• Negative Sentiment: Valuation and technical cautions remain: CrowdStrike still reports negative net margins and trades below its 200-day moving average, leaving room for profit-taking if growth guidance weakens or AI enthusiasm fades.

Analysts Set New Price Targets

CRWD has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of CrowdStrike from $475.00 to $440.00 and set a “hold” rating for the company in a research note on Wednesday, March 4th. DA Davidson raised their price target on shares of CrowdStrike from $425.00 to $455.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Citigroup decreased their price target on shares of CrowdStrike from $610.00 to $525.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Morgan Stanley upgraded CrowdStrike from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $487.00 to $510.00 in a research note on Tuesday, March 10th. Finally, Wells Fargo & Company began coverage on CrowdStrike in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $450.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $504.98.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,138 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $411.06, for a total transaction of $467,786.28. Following the sale, the chief accounting officer directly owned 42,588 shares in the company, valued at approximately $17,506,223.28. The trade was a 2.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Burt W. Podbere sold 7,871 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $415.78, for a total value of $3,272,604.38. Following the sale, the chief financial officer owned 169,613 shares in the company, valued at approximately $70,521,693.14. The trade was a 4.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 68,636 shares of company stock worth $28,690,657 in the last 90 days. 3.32% of the stock is owned by company insiders.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $423.23 on Wednesday. The stock has a market capitalization of $107.34 billion, a P/E ratio of -571.92, a PEG ratio of 17.51 and a beta of 1.07. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The firm’s 50 day moving average is $409.46 and its 200 day moving average is $466.03. CrowdStrike has a 12 month low of $318.38 and a 12 month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the company posted $1.03 EPS. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. On average, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike declared that its Board of Directors has approved a stock repurchase plan on Monday, April 6th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to reacquire up to 0.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

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.