Illinois Municipal Retirement Fund Purchases 995 Shares of CrowdStrike $CRWD

Illinois Municipal Retirement Fund boosted its holdings in CrowdStrike (NASDAQ:CRWD) by 13.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,472 shares of the company’s stock after purchasing an additional 995 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in CrowdStrike were worth $4,315,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CRWD. Patron Partners LLC lifted its position in shares of CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after acquiring an additional 22 shares during the period. Real Talk Capital LLC boosted its position in shares of CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock worth $963,000 after purchasing an additional 24 shares in the last quarter. Close Asset Management Ltd boosted its position in shares of CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after purchasing an additional 25 shares in the last quarter. Ramirez Asset Management Inc. grew its stake in shares of CrowdStrike by 5.9% in the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after buying an additional 25 shares during the period. Finally, Cladis Investment Advisory LLC increased its position in CrowdStrike by 1.5% in the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock valued at $593,000 after buying an additional 25 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, President Michael Sentonas sold 10,000 shares of CrowdStrike 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 completion of the transaction, the president owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 1,957 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction 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 approximately $120,246,421.47. This trade represents a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 116,622 shares of company stock worth $58,561,456 in the last quarter. 3.32% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on CRWD shares. Rosenblatt Securities reiterated a “buy” rating and issued a $490.00 price target on shares of CrowdStrike in a report on Thursday, September 18th. Needham & Company LLC boosted their price target on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. BMO Capital Markets upped their price objective on shares of CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, September 18th. The Goldman Sachs Group lifted their price objective on shares of CrowdStrike from $492.00 to $535.00 and gave the company a “buy” rating in a report on Friday, September 19th. Finally, Zacks Research downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $512.60.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $545.86 on Thursday. The firm has a market capitalization of $136.99 billion, a P/E ratio of -458.70, a price-to-earnings-growth ratio of 130.83 and a beta of 1.16. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The business’s fifty day simple moving average is $495.00 and its 200 day simple moving average is $470.25. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (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 company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.04 EPS. CrowdStrike’s quarterly revenue 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. As a group, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

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.