First Horizon 13F: Adds $707K to CrowdStrike (CRWD) Stake
Key Points
- First Horizon raised its position in CrowdStrike by 2,670 shares, now holding 3,560 shares valued at about $942,510.
- The fund's reported value in CrowdStrike represents 0.1% of its overall portfolio, ranking it 48th among its 1,514 positions.
- CrowdStrike recently traded around $261.85, about equal to its closing price of $261.83 on the filing date.
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First Horizon increased its stake in CrowdStrike Holdings, Inc. (CRWD) by 2,670 shares, bringing its total to 3,560 shares valued at approximately $942,510. This move was disclosed in a filing on October 26, 2026.
CRWD
CrowdStrike Holdings, Inc.
What Changed in First Horizon's CrowdStrike Position
First Horizon's position in CrowdStrike grew by 300.0%, reflecting a significant increase in its investment. The total reported value of this stake is now about $988.7 million.
Where CrowdStrike Fits in First Horizon's Portfolio
CrowdStrike now accounts for 0.1% of First Horizon's total reported portfolio, ranking 48th out of 1,514 positions.
Other Institutional Activity in CrowdStrike
Several other funds have also increased their positions in CrowdStrike. Ascent Wealth Partners added 21,327 shares, bringing its total to 28,564 shares valued at about $7.6 million. Evergreen Capital Management increased its holdings by 11,026 shares, totaling 14,353 shares worth around $3.8 million. Additionally, HB Wealth Management grew its stake by 52,292 shares, now holding 65,854 shares valued at approximately $17.4 million.
CrowdStrike Holdings, Inc. Stock Up 1.7%
CrowdStrike's shares recently traded around $261.85, which is about equal to its closing price of $261.83 on October 26, 2026. The stock is currently above its 50-day moving average by 11.5% and well above its 200-day average by 60.0%. However, it is 8.8% below its 52-week high of $286.99.
Recent Earnings
For the trailing twelve months, CrowdStrike reported revenues of approximately $5.4 billion, reflecting a year-over-year growth of 25.8%. The next earnings report is scheduled for December 1, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
29 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 1.0%. Revenue met estimates.
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Profit surprise
EBITDA missed by 65 percent. Operating income missed by 86 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
29 target raises, 1 target cut.
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Earnings quality
Gross margin up 1.5 points. Operating margin up 9.1 points. Positive free cash flow.
Earnings Call Summary
CrowdStrike delivered record results with net new ARR of $221 million and ending ARR of $4.66 billion, up 20 percent year over year. The company beat all guided metrics, driven by artificial intelligence demand and strong Falcon Flex adoption with over 1,000 customers. Management announced the acquisition of ONEM to enhance next-generation SIEM with faster data processing and lower costs, positioning them for accelerated growth.
Guidance The company expects revenue between $4.7495 and $4.8055 billion for the full year, growing 20 to 22 percent. They guided for net new ARR to grow at least 40 percent in the second half and aim to exceed $5 billion in ending ARR by year-end.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Insider Buying and Selling at CrowdStrike Holdings, Inc.
Insider transactions include notable sales by CEO George Robert Kurtz, who sold 20,000 shares on October 16 and another 20,000 shares on October 20, totaling over $9 million in value. Director Johanna Flower also sold 9,896 shares on October 16, valued at about $2.3 million.
Analysts Set New Price Targets
On October 14, Freedom Broker maintained a "Buy" rating with a price target of $320. BTIG also kept a "Buy" rating with a target of $312. Citigroup maintained its "Buy" rating with a target of $295 on October 15. The consensus rating for CrowdStrike is a "Buy", with a mean price target of $247.25 from 50 analysts.
About CrowdStrike Holdings, Inc.
CrowdStrike Holdings, Inc. provides cybersecurity solutions globally through its cloud-based platform. The company focuses on protecting endpoints, cloud workloads, identity, and data, primarily through a subscription model.
Bottom Line
Investors should watch for CrowdStrike's next earnings announcement on December 1, 2026, and any further filings from First Horizon or other institutional investors for updates on their positions.
Related Filing Alerts
Source: First Horizon's 13F filing on $CRWD (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts