The Manufacturers Life Insurance Company Buys 7,933 Shares of CrowdStrike $CRWD

The Manufacturers Life Insurance Company grew its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 5.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 166,448 shares of the company's stock after purchasing an additional 7,933 shares during the period. The Manufacturers Life Insurance Company owned about 0.07% of CrowdStrike worth $58,686,000 as of its most recent filing with the SEC.

• CrowdStrike at a Crossroads: AI Halo vs. Risks

Other large investors have also made changes to their positions in the company. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike during the first quarter worth approximately $25,000. Vision Financial Markets LLC acquired a new position in shares of CrowdStrike in the 1st quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after acquiring an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its holdings in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike during the 1st quarter valued at $30,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Down 4.1%

Shares of NASDAQ CRWD opened at $423.70 on Friday. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.85 and a current ratio of 1.88. The stock has a market cap of $105.61 billion, a P/E ratio of -356.05 and a beta of 1.13. The firm has a 50 day moving average price of $461.47 and a 200 day moving average price of $427.47.

• Patch Tuesday Highlights Microsoft’s Growing Security Edge

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. The firm 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%. The business's revenue was up 21.4% on a year-over-year basis. During the same quarter 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 expect that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the transaction, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Michael Sentonas sold 25,000 shares of CrowdStrike stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total value of $11,925,000.00. Following the transaction, the president owned 422,204 shares of the company's stock, valued at $201,391,308. The trade was a 5.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 204,414 shares of company stock valued at $96,794,738 in the last ninety days. 3.32% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

• Can Identity Security Fuel CrowdStrike’s Next Growth Phase?

A number of research analysts recently issued reports on CRWD shares. Evercore ISI cut their price target on CrowdStrike from $425.00 to $405.00 and set an "in-line" rating for the company in a report on Thursday. Canaccord Genuity Group dropped their target price on shares of CrowdStrike from $475.00 to $430.00 and set a "hold" rating for the company in a research note on Thursday. Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a research note on Thursday. Barclays set a $500.00 price target on shares of CrowdStrike in a report on Tuesday, June 3rd. Finally, Royal Bank Of Canada set a $510.00 price objective on CrowdStrike and gave the stock an "outperform" rating in a report on Thursday. Twenty-four investment analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company's stock. According to MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $460.10.

Get Our Latest Stock Report on CrowdStrike

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.

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