CrowdStrike (NASDAQ:CRWD) Cut to “Hold” at Zacks Research

Zacks Research lowered shares of CrowdStrike (NASDAQ:CRWD) from a strong-buy rating to a hold rating in a report published on Monday morning,Zacks.com reports.

Several other brokerages have also issued reports on CRWD. Stifel Nicolaus upped their target price on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Mizuho upped their target price on CrowdStrike from $430.00 to $450.00 and gave the company a “neutral” rating in a research report on Wednesday, September 17th. TD Cowen upped their target price on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. DZ Bank lowered CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a research report on Wednesday, September 24th. Finally, New Street Research set a $460.00 target price on CrowdStrike in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.78.

CrowdStrike Trading Down 0.3%

CRWD opened at $545.50 on Monday. The firm has a market cap of $136.90 billion, a price-to-earnings ratio of -458.40, a PEG ratio of 128.53 and a beta of 1.19. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12 month low of $294.68 and a 12 month high of $553.64. The stock has a fifty day moving average price of $470.51 and a 200-day moving average price of $459.23.

CrowdStrike (NASDAQ:CRWD) last released its quarterly 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. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates 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 period in the previous year, the company posted $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, equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $528.77, for a total value of $2,643,850.00. Following the sale, the director owned 770,456 shares in the company, valued at $407,394,019.12. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Johanna Flower sold 2,347 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director owned 79,057 shares in the company, valued at $38,815,405.86. The trade was a 2.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 163,090 shares of company stock valued at $78,144,499. 3.32% of the stock is owned by insiders.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently bought and sold shares of the business. McAdam LLC boosted its position in CrowdStrike by 94.9% during the third quarter. McAdam LLC now owns 1,386 shares of the company’s stock worth $680,000 after purchasing an additional 675 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in CrowdStrike during the third quarter worth approximately $669,000. Inscription Capital LLC boosted its position in CrowdStrike by 72.3% during the third quarter. Inscription Capital LLC now owns 1,513 shares of the company’s stock worth $742,000 after purchasing an additional 635 shares in the last quarter. Americana Partners LLC boosted its position in CrowdStrike by 16.6% during the third quarter. Americana Partners LLC now owns 7,413 shares of the company’s stock worth $3,635,000 after purchasing an additional 1,058 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in CrowdStrike by 16.9% during the third quarter. Root Financial Partners LLC now owns 512 shares of the company’s stock worth $251,000 after purchasing an additional 74 shares in 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.