Zevenbergen Capital Investments LLC Sells 40,242 Shares of CrowdStrike $CRWD

Zevenbergen Capital Investments LLC reduced its holdings in shares of CrowdStrike (NASDAQ:CRWD) by 16.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,113 shares of the company’s stock after selling 40,242 shares during the quarter. CrowdStrike accounts for about 2.1% of Zevenbergen Capital Investments LLC’s holdings, making the stock its 14th biggest position. Zevenbergen Capital Investments LLC owned approximately 0.08% of CrowdStrike worth $95,211,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Planning Inc bought a new position in CrowdStrike in the 3rd quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in CrowdStrike during the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC bought a new stake in CrowdStrike during the 3rd quarter worth approximately $25,000. Miller Global Investments LLC purchased a new stake in shares of CrowdStrike in the fourth quarter worth approximately $26,000. Finally, Logan Capital Management Inc. bought a new position in shares of CrowdStrike in the third quarter valued at approximately $26,000. 71.16% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Anurag Saha sold 1,138 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $411.06, for a total transaction of $467,786.28. Following the completion of the sale, the chief accounting officer owned 42,588 shares in the company, valued at $17,506,223.28. This trade represents a 2.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO George Kurtz sold 31,915 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $411.88, for a total value of $13,145,150.20. Following the completion of the transaction, the chief executive officer owned 2,162,415 shares in the company, valued at approximately $890,655,490.20. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 116,469 shares of company stock valued at $48,369,351. Company insiders own 3.32% of the company’s stock.

CrowdStrike Trading Up 2.8%

Shares of CrowdStrike stock opened at $380.06 on Tuesday. The firm has a market cap of $96.39 billion, a PE ratio of -513.59, a P/E/G ratio of 16.21 and a beta of 1.07. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a fifty day moving average price of $416.18 and a 200-day moving average price of $468.66.

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

CrowdStrike News Summary

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.

Analyst Ratings Changes

CRWD has been the topic of several analyst reports. Evercore cut their target price on CrowdStrike from $460.00 to $375.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft dropped their price objective on CrowdStrike from $475.00 to $440.00 and set a “hold” rating on the stock in a research note on Wednesday, March 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $550.00 price objective on shares of CrowdStrike in a report on Tuesday, March 17th. Citizens Jmp reiterated a “market outperform” rating and issued a $500.00 target price on shares of CrowdStrike in a research note on Wednesday, December 3rd. Finally, BNP Paribas Exane dropped their price target on shares of CrowdStrike from $450.00 to $400.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $505.08.

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.