CrowdStrike $CRWD Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its holdings in CrowdStrike (NASDAQ:CRWD) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,431 shares of the company’s stock after selling 4,008 shares during the quarter. Teacher Retirement System of Texas’ holdings in CrowdStrike were worth $22,120,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its holdings in shares of CrowdStrike by 4.6% during the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company’s stock valued at $783,000 after acquiring an additional 98 shares during the period. Draper Asset Management LLC boosted its holdings in shares of CrowdStrike by 59.1% during the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after acquiring an additional 1,619 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after acquiring an additional 5,998 shares during the period. Drucker Wealth 3.0 LLC acquired a new position in shares of CrowdStrike during the second quarter valued at $397,000. Finally, Pegasus Asset Management Inc. boosted its holdings in shares of CrowdStrike by 3.4% during the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after acquiring an additional 79 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $529.70 on Tuesday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $465.42 and its 200 day simple moving average is $456.82. CrowdStrike has a fifty-two week low of $294.68 and a fifty-two week high of $535.52. The stock has a market cap of $132.93 billion, a P/E ratio of -445.12, a P/E/G ratio of 123.92 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the business earned $1.04 earnings per share. CrowdStrike’s revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president directly owned 354,116 shares in the company, valued at approximately $182,369,740. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 158,090 shares of company stock valued at $75,500,649 in the last quarter. 3.32% of the stock is owned by company insiders.

Analyst Ratings Changes

CRWD has been the subject of several analyst reports. Barclays boosted their price target on shares of CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Piper Sandler reduced their price target on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. New Street Research set a $460.00 price target on shares of CrowdStrike in a report on Thursday, August 28th. BTIG Research restated a “buy” rating and set a $489.00 price objective on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, Jefferies Financial Group lifted their price objective on shares of CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $496.47.

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.