Zevenbergen Capital Investments LLC Has $133.73 Million Stock Position in CrowdStrike $CRWD

Zevenbergen Capital Investments LLC lowered its position in shares of CrowdStrike (NASDAQ:CRWD) by 8.2% in the second quarter, HoldingsChannel reports. The firm owned 262,569 shares of the company’s stock after selling 23,572 shares during the period. CrowdStrike makes up approximately 2.6% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 13th biggest holding. Zevenbergen Capital Investments LLC’s holdings in CrowdStrike were worth $133,729,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC increased its position in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 40 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. increased its position in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after purchasing an additional 58 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $30,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares in the company, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares of the company’s stock, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,734 shares of company stock worth $67,337,728 over the last 90 days. Insiders own 3.32% of the company’s stock.

CrowdStrike Stock Up 0.6%

Shares of NASDAQ CRWD opened at $436.10 on Friday. CrowdStrike has a 1 year low of $256.00 and a 1 year high of $517.98. The firm’s 50-day moving average is $445.98 and its 200-day moving average is $427.16. 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 firm has a market capitalization of $109.44 billion, a PE ratio of -366.47, a price-to-earnings-growth ratio of 135.63 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 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 analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company earned $1.04 EPS. CrowdStrike’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CRWD shares. BMO Capital Markets set a $450.00 target price on shares of CrowdStrike in a research report on Thursday, August 28th. BTIG Research dropped their target price on shares of CrowdStrike from $520.00 to $489.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Scotiabank decreased their price objective on shares of CrowdStrike from $480.00 to $440.00 and set a “sector perform” rating on the stock in a report on Thursday, August 28th. Sanford C. Bernstein decreased their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a report on Thursday, August 28th. Finally, Susquehanna increased their price objective on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a report on Wednesday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $460.10.

CrowdStrike Company 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.