Jacobs & Co. CA Trims Stake in CrowdStrike $CRWD

Jacobs & Co. CA trimmed its stake in CrowdStrike (NASDAQ:CRWD) by 4.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,411 shares of the company’s stock after selling 825 shares during the period. Jacobs & Co. CA’s holdings in CrowdStrike were worth $8,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of CRWD. Nuveen LLC purchased a new stake in shares of CrowdStrike in the 1st quarter worth $595,766,000. Jennison Associates LLC increased its stake in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of CrowdStrike by 50,536.2% in the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock worth $383,132,000 after purchasing an additional 1,084,506 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of CrowdStrike by 52.6% in 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 purchasing an additional 955,529 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $436.10 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $109.44 billion, a P/E ratio of -366.47, a P/E/G ratio of 135.63 and a beta of 1.12. CrowdStrike has a 12 month low of $256.00 and a 12 month high of $517.98. The business’s 50-day moving average is $445.98 and its 200 day moving average is $426.94.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for 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 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, equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the sale, the chief executive officer directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Johanna Flower sold 2,073 shares of the business’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 owned 81,383 shares in the company, valued at $38,592,632.43. This represents a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,734 shares of company stock valued at $67,337,728 in the last ninety days. Company insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CRWD shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $485.00 target price (up previously from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Macquarie reaffirmed a “neutral” rating and issued a $465.00 target price on shares of CrowdStrike in a report on Friday, August 29th. The Goldman Sachs Group upped their target price on shares of CrowdStrike from $389.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, June 10th. Oppenheimer reaffirmed an “outperform” rating and issued a $520.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $470.00 target price (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $460.10.

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.