Zevin Asset Management LLC Has $17.14 Million Stock Holdings in CrowdStrike $CRWD

Zevin Asset Management LLC lowered its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 1.9% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,657 shares of the company’s stock after selling 660 shares during the period. CrowdStrike comprises about 2.5% of Zevin Asset Management LLC’s portfolio, making the stock its 14th biggest holding. Zevin Asset Management LLC’s holdings in CrowdStrike were worth $17,142,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of CRWD. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike in the 1st quarter valued at approximately $26,000. AlphaQuest LLC acquired a new position in CrowdStrike in the 2nd quarter worth about $26,000. Neo Ivy Capital Management bought a new position in CrowdStrike in the first quarter valued at about $30,000. Saudi Central Bank acquired a new stake in shares of CrowdStrike during the first quarter valued at about $34,000. Finally, Financial Management Professionals Inc. grew its holdings in shares of CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Stock Down 0.2%

Shares of NASDAQ:CRWD opened at $531.20 on Friday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $555.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The business’s 50-day moving average is $484.48 and its 200-day moving average is $465.29. The company has a market capitalization of $133.31 billion, a price-to-earnings ratio of -444.29, a P/E/G ratio of 125.52 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last issued its 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the company 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. Equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the sale, the chief financial officer owned 218,467 shares in the company, valued at approximately $120,246,421.47. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 6,975 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $549.89, for a total value of $3,835,482.75. Following the transaction, the chief executive officer owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This trade represents a 0.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 116,622 shares of company stock worth $58,561,456 over the last 90 days. 3.32% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of research reports. Zacks Research lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Citigroup restated an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. Needham & Company LLC lifted their target price on CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Roth Capital reissued a “buy” rating and issued a $510.00 price target (up previously from $410.00) on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, Cantor Fitzgerald raised their price objective on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. One research 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 company’s stock. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $510.80.

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.