Oregon Public Employees Retirement Fund Increases Stake in CrowdStrike $CRWD

Oregon Public Employees Retirement Fund lifted its stake in shares of CrowdStrike (NASDAQ:CRWD) by 1.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 21,565 shares of the company’s stock after purchasing an additional 400 shares during the period. Oregon Public Employees Retirement Fund’s holdings in CrowdStrike were worth $10,983,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its stake in CrowdStrike by 24.8% in the second quarter. Sequoia Financial Advisors LLC now owns 7,059 shares of the company’s stock worth $3,595,000 after acquiring an additional 1,401 shares during the last quarter. Hunter Associates Investment Management LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $284,000. Pegasus Asset Management Inc. raised its holdings in shares of CrowdStrike by 3.4% in the 2nd quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after purchasing an additional 79 shares in the last quarter. Welch Group LLC purchased a new stake in shares of CrowdStrike during the 2nd quarter worth $238,000. Finally, LRI Investments LLC grew its stake in shares of CrowdStrike by 12.7% during the second quarter. LRI Investments LLC now owns 849 shares of the company’s stock worth $432,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Robert W. Baird raised their price target on CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Daiwa Capital Markets increased their price objective on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Sanford C. Bernstein decreased their target price on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research note on Thursday, August 28th. Mizuho upped their price target on CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a report on Wednesday, September 17th. Finally, Piper Sandler cut their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $493.33.

CrowdStrike Trading Down 3.0%

CRWD opened at $493.66 on Monday. 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 has a 52 week low of $294.68 and a 52 week high of $517.98. The business’s 50 day moving average is $450.04 and its two-hundred day moving average is $444.95. The firm has a market cap of $123.89 billion, a price-to-earnings ratio of -414.84, a price-to-earnings-growth ratio of 116.01 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate 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 company’s revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the company 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, research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 157,816 shares of company stock valued at $75,331,356. Company insiders own 3.32% of the company’s stock.

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.