CrowdStrike (NASDAQ:CRWD) Stock Price Down 1.1% Following Insider Selling

Shares of CrowdStrike (NASDAQ:CRWDGet Free Report) were down 1.1% on Tuesday following insider selling activity. The stock traded as low as $421.28 and last traded at $423.53. Approximately 704,756 shares changed hands during trading, a decline of 81% from the average daily volume of 3,695,092 shares. The stock had previously closed at $428.06.

Specifically, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares of the company’s stock, valued at $315,335,433.52. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Wall Street Analyst Weigh In

A number of research analysts recently commented on CRWD shares. Truist Financial reaffirmed a “buy” rating and issued a $500.00 target price (up from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Wells Fargo & Company boosted their price objective on CrowdStrike from $430.00 to $550.00 and gave the company an “overweight” rating in a research note on Monday, June 2nd. Jefferies Financial Group reduced their price objective on CrowdStrike from $530.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Susquehanna raised their price objective on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a research report on Wednesday, June 4th. Finally, Zacks Research raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. One 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $460.10.

Read Our Latest Stock Analysis on CRWD

CrowdStrike Price Performance

The company has a market cap of $106.28 billion, a price-to-earnings ratio of -355.89, a PEG ratio of 133.97 and a beta of 1.12. 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 company’s 50 day moving average price is $450.57 and its 200 day moving average price is $426.27.

CrowdStrike (NASDAQ:CRWDGet Free Report) last released its 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 last year, the business earned $1.04 EPS. The business’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 research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of CrowdStrike by 2.6% in the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock valued at $11,933,425,000 after purchasing an additional 596,007 shares during the period. State Street Corp lifted its stake in shares of CrowdStrike by 3.6% in the second quarter. State Street Corp now owns 10,804,651 shares of the company’s stock valued at $5,502,917,000 after purchasing an additional 370,965 shares during the period. Jennison Associates LLC lifted its stake in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the period. Geode Capital Management LLC lifted its stake in shares of CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after purchasing an additional 273,922 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock valued at $2,186,714,000 after purchasing an additional 4,285,640 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

(Get Free Report)

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.

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