Shares of CrowdStrike (NASDAQ:CRWD – Get Free Report) have earned a consensus rating of “Moderate Buy” from the forty-seven research firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation, twenty-seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $483.7907.
A number of brokerages recently commented on CRWD. Citigroup restated an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. KeyCorp raised their target price on CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Bank of America restated a “neutral” rating and set a $470.00 target price (up from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Roth Capital restated a “buy” rating and set a $510.00 target price (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Truist Financial raised their target price on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th.
Check Out Our Latest Research Report on CRWD
CrowdStrike Stock Up 1.8%
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the business posted $1.04 EPS. CrowdStrike’s revenue for the quarter 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. Sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current year.
Insiders Place Their Bets
In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 9,447 shares of CrowdStrike stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the transaction, the director owned 18,858 shares of the company’s stock, valued at $9,667,553.70. The trade was a 33.38% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 128,513 shares of company stock worth $60,652,048. Corporate insiders own 3.32% of the company’s stock.
Hedge Funds Weigh In On CrowdStrike
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Patron Partners LLC boosted its position in CrowdStrike by 2.1% during the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after purchasing an additional 22 shares during the last quarter. Real Talk Capital LLC boosted its position in CrowdStrike by 0.9% during the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after purchasing an additional 24 shares during the last quarter. Tradewinds Capital Management LLC boosted its position in CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd boosted its position in CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. boosted its position in CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.
About CrowdStrike
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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