CrowdStrike’s (CRWD) Neutral Rating Reaffirmed at Guggenheim

Guggenheim restated their neutral rating on shares of CrowdStrike (NASDAQ:CRWD) in a research note released on Thursday morning,Benzinga reports.

A number of other research analysts have also issued reports on the stock. DZ Bank upgraded shares of CrowdStrike from a “strong sell” rating to a “hold” rating in a report on Thursday, August 28th. Needham & Company LLC upped their price target on shares of CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research report on Thursday. Mizuho raised their price target on shares of CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday. Stifel Nicolaus boosted their price objective on shares of CrowdStrike from $480.00 to $495.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. Finally, Sanford C. Bernstein decreased their price objective on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $471.23.

CrowdStrike Trading Up 12.8%

NASDAQ CRWD opened at $502.63 on Thursday. The company has a market cap of $126.14 billion, a price-to-earnings ratio of -422.37, a price-to-earnings-growth ratio of 104.78 and a beta of 1.12. CrowdStrike has a twelve month low of $272.67 and a twelve month high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average is $442.46 and its 200 day moving average is $428.94.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In related news, CFO Burt W. Podbere sold 11,883 shares of the firm’s 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 completion of the sale, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 143,734 shares of company stock worth $67,337,728. 3.32% of the stock is owned by insiders.

Institutional Trading of CrowdStrike

Several large investors have recently modified their holdings of CRWD. Cloud Capital Management LLC bought a new position in CrowdStrike during the first quarter worth $25,000. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC bought a new position in shares of CrowdStrike during the 1st quarter worth about $26,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at about $26,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 58 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.