Swedbank AB Increases Stake in CrowdStrike $CRWD

Swedbank AB boosted its stake in shares of CrowdStrike (NASDAQ:CRWD) by 156.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 216,904 shares of the company’s stock after acquiring an additional 132,463 shares during the quarter. Swedbank AB owned 0.09% of CrowdStrike worth $76,476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike in the first quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike during the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in CrowdStrike in the 1st quarter valued at $30,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 0.6%

CRWD opened at $436.10 on Friday. CrowdStrike has a one year low of $256.00 and a one year high of $517.98. The company has a market cap of $109.44 billion, a price-to-earnings ratio of -366.47, a PEG ratio of 135.63 and a beta of 1.12. The business’s fifty day moving average is $445.98 and its two-hundred day moving average is $426.94. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CRWD. Macquarie reiterated a “neutral” rating and set a $465.00 price target on shares of CrowdStrike in a report on Friday, August 29th. UBS Group lowered their target price on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Stifel Nicolaus increased their price target on CrowdStrike from $480.00 to $495.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Jefferies Financial Group reduced their price target on CrowdStrike from $530.00 to $500.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Finally, Zacks Research raised CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $460.10.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,883 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the sale, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Johanna Flower sold 2,073 shares of the company’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director directly owned 81,383 shares of the company’s stock, valued at $38,592,632.43. The trade was a 2.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,734 shares of company stock valued at $67,337,728 in the last 90 days. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Profile

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.