Titleist Asset Management LLC Has $3 Million Position in CrowdStrike $CRWD

Titleist Asset Management LLC cut its stake in shares of CrowdStrike (NASDAQ:CRWD) by 24.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,881 shares of the company’s stock after selling 1,878 shares during the quarter. Titleist Asset Management LLC’s holdings in CrowdStrike were worth $2,995,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after buying an additional 596,007 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of CrowdStrike by 5.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after acquiring an additional 273,922 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in CrowdStrike by 52.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after acquiring an additional 955,529 shares during the last quarter. Goldman Sachs Group Inc. grew its position in CrowdStrike by 39.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock worth $939,747,000 after acquiring an additional 760,222 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in CrowdStrike by 16.4% in the 1st quarter. Invesco Ltd. now owns 2,506,418 shares of the company’s stock worth $883,713,000 after purchasing an additional 352,473 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CRWD. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a report on Thursday, September 18th. Oppenheimer lifted their target price on shares of CrowdStrike from $560.00 to $580.00 and gave the stock an “outperform” rating in a research report on Friday. Weiss Ratings restated a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. Capital One Financial lifted their price target on shares of CrowdStrike from $519.00 to $599.00 and gave the stock an “overweight” rating in a report on Tuesday, November 18th. Finally, Rosenblatt Securities boosted their price objective on shares of CrowdStrike from $550.00 to $630.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $537.93.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total value of $2,751,000.00. Following the transaction, the director directly owned 765,456 shares of the company’s stock, valued at approximately $421,153,891.20. The trade was a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Johanna Flower sold 2,347 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares of the company’s stock, valued at approximately $38,815,405.86. This trade represents a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 116,622 shares of company stock worth $58,561,456 over the last quarter. 3.32% of the stock is owned by company insiders.

CrowdStrike Trading Down 2.1%

CRWD opened at $490.67 on Friday. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90. The company has a fifty day moving average of $507.95 and a 200-day moving average of $474.32. The stock has a market cap of $123.14 billion, a PE ratio of -412.32, a price-to-earnings-growth ratio of 115.30 and a beta of 1.16. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. On average, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current year.

About CrowdStrike

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.