Investment Management Corp of Ontario Acquires 2,256 Shares of CrowdStrike $CRWD

Investment Management Corp of Ontario boosted its holdings in CrowdStrike (NASDAQ:CRWD) by 32.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,229 shares of the company’s stock after purchasing an additional 2,256 shares during the period. Investment Management Corp of Ontario’s holdings in CrowdStrike were worth $4,700,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CRWD. AlphaQuest LLC purchased a new stake in CrowdStrike during the 2nd quarter valued at about $26,000. Howard Hughes Medical Institute bought a new stake in CrowdStrike in the second quarter valued at approximately $27,000. Financial Gravity Companies Inc. purchased a new stake in shares of CrowdStrike during the second quarter valued at approximately $33,000. Saudi Central Bank purchased a new stake in shares of CrowdStrike during the first quarter valued at approximately $34,000. Finally, Financial Management Professionals Inc. grew its holdings in shares of CrowdStrike by 91.9% in the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction on 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 sale, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 550 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $525.45, for a total value of $288,997.50. Following the transaction, the director owned 764,906 shares of the company’s stock, valued at $401,919,857.70. The trade was a 0.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 118,672 shares of company stock worth $60,280,613 over the last three months. Corporate insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CRWD shares. Canaccord Genuity Group increased their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “hold” rating in a report on Wednesday, December 3rd. UBS Group upped their target price on CrowdStrike from $580.00 to $590.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Wedbush reiterated an “outperform” rating and issued a $600.00 price target on shares of CrowdStrike in a report on Monday, December 1st. Wells Fargo & Company upped their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Finally, Stifel Nicolaus raised their target price on shares of CrowdStrike from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus price target of $554.74.

CrowdStrike Stock Up 0.5%

Shares of CrowdStrike stock opened at $517.98 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.81. The company has a 50-day moving average of $516.10 and a 200 day moving average of $481.00. The firm has a market cap of $129.99 billion, a price-to-earnings ratio of -411.10, a PEG ratio of 124.70 and a beta of 1.09. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.94 by $0.02. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. CrowdStrike’s quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. 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 fiscal year.

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.