Nikko Asset Management Americas Inc. Trims Stock Holdings in CrowdStrike $CRWD

Nikko Asset Management Americas Inc. lowered its holdings in CrowdStrike (NASDAQ:CRWD) by 8.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 216,184 shares of the company’s stock after selling 19,505 shares during the period. CrowdStrike makes up about 1.1% of Nikko Asset Management Americas Inc.’s holdings, making the stock its 24th biggest position. Nikko Asset Management Americas Inc.’s holdings in CrowdStrike were worth $110,040,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC boosted its holdings in shares of CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after acquiring an additional 4,285,640 shares during the period. Norges Bank bought a new position in CrowdStrike in the 2nd quarter worth about $1,638,365,000. Vestor Capital LLC grew its holdings in CrowdStrike by 269,840.3% during the 2nd quarter. Vestor Capital LLC now owns 977,184 shares of the company’s stock valued at $497,690,000 after buying an additional 976,822 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of CrowdStrike by 52.6% in the first 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 buying an additional 955,529 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in CrowdStrike by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, Director Denis Oleary sold 7,750 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the completion of the sale, the director directly owned 10,816 shares in the company, valued at approximately $5,574,999.04. This represents a 41.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 1,957 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.41, for a total value of $1,077,152.37. Following the completion of the sale, the chief financial officer directly owned 218,467 shares in the company, valued at $120,246,421.47. The trade was a 0.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 120,595 shares of company stock worth $61,294,989 over the last ninety days. 3.32% of the stock is owned by company insiders.

CrowdStrike Trading Down 2.5%

Shares of CRWD stock opened at $504.78 on Friday. The business has a 50-day moving average of $517.20 and a 200 day moving average of $481.94. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.81. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The stock has a market capitalization of $127.26 billion, a PE ratio of -400.62, a P/E/G ratio of 122.18 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The business’s revenue was up 21.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Canaccord Genuity Group lifted their price target on CrowdStrike from $500.00 to $515.00 and gave the company a “hold” rating in a research report on Wednesday, December 3rd. Citigroup increased their target price on CrowdStrike from $575.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Mizuho raised their price target on CrowdStrike from $475.00 to $540.00 and gave the company a “hold” rating in a research report on Monday, November 17th. Wells Fargo & Company upped their price objective on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Finally, Barclays increased their price objective on CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $554.65.

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.