Thrivent Financial for Lutherans lowered its stake in CrowdStrike (NASDAQ:CRWD – Free Report) by 57.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 25,201 shares of the company’s stock after selling 34,331 shares during the period. Thrivent Financial for Lutherans’ holdings in CrowdStrike were worth $12,358,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Asset Planning Inc acquired a new position in shares of CrowdStrike in the 3rd quarter worth approximately $25,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $25,000. AlphaQuest LLC bought a new position in CrowdStrike during the second quarter worth $26,000. Howard Hughes Medical Institute acquired a new position in CrowdStrike in the second quarter worth $27,000. Finally, Pinnacle Bancorp Inc. acquired a new position in CrowdStrike in the third quarter worth $27,000. Institutional investors and hedge funds own 71.16% of the company’s stock.
Insider Activity at CrowdStrike
In related 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 value of $5,498,758.58. Following the completion of the transaction, the president owned 342,655 shares in the company, valued at $164,399,015.90. This represents a 3.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Johanna Flower sold 3,000 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $461.94, for a total transaction of $1,385,820.00. Following the transaction, the director directly owned 76,082 shares in the company, valued at approximately $35,145,319.08. The trade was a 3.79% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 63,523 shares of company stock valued at $30,533,092. 3.32% of the stock is owned by corporate insiders.
CrowdStrike Stock Performance
CrowdStrike (NASDAQ:CRWD – Get Free Report) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. On average, analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.
Analyst Ratings Changes
CRWD has been the topic of a number of research reports. Oppenheimer increased their target price on shares of CrowdStrike from $560.00 to $580.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. BTIG Research reaffirmed a “buy” rating and set a $640.00 price objective on shares of CrowdStrike in a research report on Tuesday, January 13th. KeyCorp reissued a “sector weight” rating on shares of CrowdStrike in a report on Monday, January 12th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $621.00 target price on shares of CrowdStrike in a report on Wednesday, December 3rd. Thirty-one analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $555.21.
View Our Latest Stock Analysis on CRWD
Key CrowdStrike News
Here are the key news stories impacting CrowdStrike this week:
- Positive Sentiment: CrowdStrike was named a Customers’ Choice in Gartner Peer Insights for Application Security Posture Management — a third‑party endorsement that supports product leadership and enterprise demand. CrowdStrike Named a Customers’ Choice
- Positive Sentiment: Coverage highlights CrowdStrike’s expansion into cloud security and identity protection, reinforcing recurring‑revenue durability and cross‑sell potential that underpin longer‑term ARR growth. Cloud Expansion & Recognition
- Neutral Sentiment: The company announced the date for its Q4 & FY2026 results call — a near‑term catalyst that can move the stock depending on guidance, ARR/renewal commentary and margin details. Conference Call Date Announced
- Neutral Sentiment: Jim Cramer highlighted the charitable trust’s new holdings and suggested some of the recent weakness looks like panic selling — commentary that can temper panic but is unlikely to reverse flows on its own. Jim Cramer Highlights Holdings
- Negative Sentiment: Zacks Research downgraded CRWD to a “strong sell” from “hold” — a formal analyst downgrade that can trigger additional selling by momentum and ETF flows sensitive to ratings. Zacks Downgrade
- Negative Sentiment: Insider sales: CEO George Kurtz and CFO Burt Podbere disclosed sales (multi‑hundred‑thousand to multi‑million dollar transactions) last week — not uncommon, but such high‑profile sales often amplify negative sentiment in a falling stock. CEO & CFO Insider Sales
- Negative Sentiment: Market commentary about a “floor test” after competitor upgrades and articles calling out stretched valuation are contributing to rotation out of high‑multiple cyber names and heavier intraday selling pressure. Floor Test After Fortinet Upgrade
CrowdStrike Company Profile
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.
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