Zevenbergen Capital Investments LLC Decreases Stake in CrowdStrike $CRWD

Zevenbergen Capital Investments LLC reduced its position in CrowdStrike (NASDAQ:CRWD) by 16.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 203,113 shares of the company’s stock after selling 40,242 shares during the period. CrowdStrike accounts for approximately 2.1% of Zevenbergen Capital Investments LLC’s portfolio, making the stock its 14th largest holding. Zevenbergen Capital Investments LLC’s holdings in CrowdStrike were worth $95,211,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Asset Planning Inc purchased a new position in shares of CrowdStrike in the third quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $25,000. Anchor Investment Management LLC purchased a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $25,000. Logan Capital Management Inc. bought a new position in CrowdStrike in the 3rd quarter worth approximately $26,000. Finally, Howard Hughes Medical Institute bought a new position in CrowdStrike in the 2nd quarter worth approximately $27,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,138 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $411.06, for a total value of $467,786.28. Following the transaction, the chief accounting officer directly owned 42,588 shares in the company, valued at approximately $17,506,223.28. This represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Kurtz sold 31,915 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $411.88, for a total transaction of $13,145,150.20. Following the completion of the sale, the chief executive officer directly owned 2,162,415 shares in the company, valued at $890,655,490.20. This represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 116,469 shares of company stock valued at $48,369,351 in the last ninety days. Insiders own 3.32% of the company’s stock.

More CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Wolfe Research upgraded CRWD to “outperform” and set a $450 price target, citing Anthropic’s upcoming AI model as a near-term catalyst for increased security spend — this upgrade is a primary driver of today’s rally. CrowdStrike upgraded by Wolfe on Anthropic AI Catalyst
• Positive Sentiment: Morgan Stanley reiterated CrowdStrike as a top AI-security pick, reinforcing institutional conviction that CRWD can capture incremental spending as enterprises harden defenses against agentic AI threats. CrowdStrike Gains 4% as Morgan Stanley Names It a Top AI Security Bet
• Positive Sentiment: Analysts also pointed to rising geopolitical cyber activity (e.g., Iranian state-linked attacks) as a demand tailwind for security vendors — some shops issued upgrades reflecting this elevated risk environment. CrowdStrike Gets Double Upgrade As Iran’s Cyber Army Escalates Attacks
• Neutral Sentiment: Insider selling at CrowdStrike in March drew attention, but filings indicate many sales were to cover RSU tax withholdings — a technical (not necessarily bearish) reason for sales. Investors should note insider activity but treat it in context. Cybersecurity Signals: CEO Buys PAWN, Insider Sales Hit CRWD, RBRK
• Negative Sentiment: Despite the upgrades, CRWD has experienced a sizable pullback from recent highs amid market concerns that new AI security tooling could disrupt incumbents — this raises execution and growth-risk questions if competitors or new AI-native defenses undercut Falcon’s value proposition. I’ve Changed My Mind on CrowdStrike Stock. The Agentic AI Boom Changes Everything.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group lowered their target price on shares of CrowdStrike from $564.00 to $500.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. BNP Paribas Exane reduced their price target on CrowdStrike from $450.00 to $400.00 and set a “neutral” rating for the company in a research report on Wednesday, March 4th. Scotiabank reiterated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, December 3rd. KeyCorp reissued a “sector weight” rating on shares of CrowdStrike in a report on Monday, January 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $550.00 target price on shares of CrowdStrike in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $505.08.

CrowdStrike Trading Up 2.8%

CrowdStrike stock opened at $380.06 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The stock has a market cap of $96.39 billion, a P/E ratio of -513.59, a PEG ratio of 16.21 and a beta of 1.07. The firm’s fifty day moving average price is $416.18 and its 200-day moving average price is $468.66.

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