Voya Investment Management LLC Buys 103,200 Shares of CrowdStrike $CRWD

Voya Investment Management LLC lifted its stake in CrowdStrike (NASDAQ:CRWD) by 9.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,160,496 shares of the company’s stock after acquiring an additional 103,200 shares during the period. CrowdStrike accounts for 0.6% of Voya Investment Management LLC’s portfolio, making the stock its 29th largest position. Voya Investment Management LLC owned 0.46% of CrowdStrike worth $568,680,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. AlphaQuest LLC bought a new position in CrowdStrike in the second quarter worth about $26,000. Howard Hughes Medical Institute purchased a new position in shares of CrowdStrike in the 2nd quarter worth approximately $27,000. Financial Gravity Companies Inc. bought a new position in shares of CrowdStrike during the 2nd quarter worth approximately $33,000. Financial Management Professionals Inc. lifted its position in CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after acquiring an additional 34 shares during the last quarter. Finally, Loomis Sayles & Co. L P acquired a new stake in CrowdStrike in the second quarter valued at approximately $36,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Trading Up 1.5%

Shares of NASDAQ:CRWD opened at $477.26 on Friday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90. The stock has a market cap of $120.32 billion, a price-to-earnings ratio of -378.78, a PEG ratio of 113.77 and a beta of 1.09. The business has a 50-day moving average price of $515.68 and a 200-day moving average price of $482.27.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the company earned $0.93 EPS. CrowdStrike’s quarterly 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. Equities analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CRWD shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $630.00 price target on shares of CrowdStrike in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on CrowdStrike from $435.00 to $475.00 and gave the stock a “hold” rating in a research note on Wednesday, December 3rd. TD Cowen increased their price target on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Zacks Research upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. Finally, Robert W. Baird upped their price objective on shares of CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $555.10.

Insider Activity

In related news, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the transaction, the chief executive officer directly owned 2,115,057 shares in the company, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Denis Oleary sold 7,750 shares of the company’s stock in a transaction on 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. The trade was a 41.74% 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 valued at $61,294,989 over the last quarter. Insiders own 3.32% of the company’s stock.

CrowdStrike Company 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.