Thematics Asset Management Raises Stock Position in CrowdStrike $CRWD

Thematics Asset Management increased its position in CrowdStrike (NASDAQ:CRWD) by 28.0% during the third quarter, HoldingsChannel.com reports. The fund owned 66,702 shares of the company’s stock after acquiring an additional 14,592 shares during the quarter. CrowdStrike accounts for approximately 1.5% of Thematics Asset Management’s holdings, making the stock its 15th largest holding. Thematics Asset Management’s holdings in CrowdStrike were worth $32,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Empowered Funds LLC increased its holdings in CrowdStrike by 3.6% during the 1st quarter. Empowered Funds LLC now owns 4,812 shares of the company’s stock valued at $1,697,000 after acquiring an additional 169 shares in the last quarter. Wealth Alliance LLC purchased a new stake in shares of CrowdStrike in the second quarter valued at about $239,000. PNC Financial Services Group Inc. grew its position in shares of CrowdStrike by 11.7% in the second quarter. PNC Financial Services Group Inc. now owns 113,394 shares of the company’s stock valued at $57,753,000 after purchasing an additional 11,879 shares during the last quarter. Finally, ABN Amro Investment Solutions purchased a new position in shares of CrowdStrike during the 2nd quarter worth approximately $5,151,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CRWD has been the topic of a number of analyst reports. Needham & Company LLC lowered their target price on CrowdStrike from $575.00 to $475.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Evercore reduced their target price on shares of CrowdStrike from $460.00 to $375.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 25th. Mizuho cut their price objective on shares of CrowdStrike from $540.00 to $490.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Loop Capital set a $550.00 target price on shares of CrowdStrike in a research report on Thursday, December 11th. Finally, The Goldman Sachs Group cut their price target on CrowdStrike from $564.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $506.26.

Trending Headlines about CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Analyst upgrades lift sentiment — DZ Bank and Morgan Stanley raised ratings or reiterated bullish views this week, and market commentary notes Morgan Stanley is “doubling down” on CrowdStrike, supporting near-term demand for the stock. CrowdStrike Stock Rating Upgraded by DZ Bank Morgan Stanley Is Doubling Down on CrowdStrike
• Positive Sentiment: Strategic product integration with AI browser providers — CrowdStrike announced Falcon Cyber Shield integration into Perplexity’s Comet AI browser (Comet Enterprise), expanding Falcon’s addressable market in AI-native tooling and addressing AI-enabled threat vectors. That partnership is a tangible revenue/expansion catalyst as enterprises adopt AI. CrowdStrike and Perplexity Partner
• Positive Sentiment: Positive media/analyst narratives on momentum and AI leadership — several outlets (Zacks, MSN, The Motley Fool) profile CrowdStrike as a top momentum/AI-security name vs. peers (e.g., Palo Alto Networks), which can attract growth-oriented flows. Why CrowdStrike is a Top Momentum Stock (MSN) CrowdStrike vs. Palo Alto Networks (Fool)
• Neutral Sentiment: Short-interest data reported this week appears inconsistent or erroneous (sources show zero shares/NaN changes and 0.0 days to cover), so there’s no clear short-squeeze signal to factor into near-term price moves. (Data anomaly noted 3/11–3/12.)
• Negative Sentiment: Valuation and profitability remain potential headwinds — CrowdStrike trades at a very high market cap and currently shows negative trailing P/E metrics, which could temper upside if growth slows or guidance disappoints. (Investors should weigh upgrades/partnerships against valuation risk.)

Insider Buying and Selling

In other news, President Michael Sentonas sold 11,461 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $479.78, for a total transaction of $5,498,758.58. Following the transaction, the president owned 342,655 shares of the company’s stock, valued at approximately $164,399,015.90. This trade represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 10,516 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $483.33, for a total value of $5,082,698.28. Following the transaction, the chief financial officer owned 179,114 shares in the company, valued at $86,571,169.62. This trade represents a 5.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 90,024 shares of company stock valued at $40,424,241 over the last ninety days. Insiders own 3.32% of the company’s stock.

CrowdStrike Stock Up 0.1%

Shares of CRWD opened at $441.78 on Friday. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The company’s fifty day moving average is $428.62 and its two-hundred day moving average is $469.31. The firm has a market cap of $112.04 billion, a PE ratio of -596.99, a price-to-earnings-growth ratio of 19.37 and a beta of 1.06. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.17.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the company posted $1.03 EPS. The business’s quarterly revenue was up 23.8% on a year-over-year basis. Analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.