Prudential PLC Trims Holdings in CrowdStrike $CRWD

Prudential PLC lowered its stake in shares of CrowdStrike (NASDAQ:CRWD) by 4.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,181 shares of the company’s stock after selling 1,757 shares during the quarter. Prudential PLC’s holdings in CrowdStrike were worth $16,762,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Carnegie Investment Counsel boosted its holdings in CrowdStrike by 6.7% in the 3rd quarter. Carnegie Investment Counsel now owns 22,601 shares of the company’s stock valued at $11,083,000 after purchasing an additional 1,428 shares during the last quarter. Silver Oak Securities Incorporated grew its stake in shares of CrowdStrike by 394.8% in the 3rd quarter. Silver Oak Securities Incorporated now owns 2,954 shares of the company’s stock valued at $1,449,000 after buying an additional 2,357 shares during the period. Traynor Capital Management Inc. increased its holdings in shares of CrowdStrike by 10.9% during the 3rd quarter. Traynor Capital Management Inc. now owns 53,117 shares of the company’s stock worth $26,047,000 after buying an additional 5,205 shares during the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of CrowdStrike by 7.3% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 22,253 shares of the company’s stock worth $10,912,000 after buying an additional 1,512 shares during the last quarter. Finally, Perpetual Ltd raised its position in shares of CrowdStrike by 205.9% during the 3rd quarter. Perpetual Ltd now owns 1,554 shares of the company’s stock valued at $762,000 after buying an additional 1,046 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Burt W. Podbere sold 10,516 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 179,114 shares in the company, valued at $86,571,169.62. This trade represents a 5.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Kurtz sold 28,853 shares of CrowdStrike stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $413.01, for a total value of $11,916,577.53. Following the completion of the transaction, the chief executive officer directly owned 2,054,902 shares of the company’s stock, valued at approximately $848,695,075.02. This represents a 1.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,024 shares of company stock worth $40,424,241 in the last quarter. Insiders own 3.32% of the company’s stock.

Key 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.)

Analyst Ratings Changes

A number of research firms recently commented on CRWD. Weiss Ratings reiterated a “sell (d+)” rating on shares of CrowdStrike in a report on Monday, December 29th. UBS Group reissued an “overweight” rating on shares of CrowdStrike in a research note on Wednesday, March 4th. TD Cowen reduced their target price on CrowdStrike from $580.00 to $480.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Piper Sandler raised CrowdStrike from a “neutral” rating to an “overweight” rating and set a $520.00 price target on the stock in a research note on Monday, March 2nd. Finally, Wells Fargo & Company initiated coverage on CrowdStrike in a report on Tuesday, March 3rd. They set an “overweight” rating and a $450.00 price target for the company. One 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $506.26.

CrowdStrike Stock Up 0.1%

Shares of NASDAQ CRWD opened at $441.78 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $428.62 and its two-hundred day moving average is $469.31. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90. The firm has a market cap of $112.04 billion, a price-to-earnings ratio of -596.99, a PEG ratio of 19.37 and a beta of 1.06.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, March 3rd. The company reported $1.12 EPS for the quarter, topping the consensus estimate 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 period last year, the business posted $1.03 earnings per share. The company’s quarterly revenue was up 23.8% on a year-over-year basis. Research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

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.