CrowdStrike (NASDAQ:CRWD) Trading Up 2.7% After Analyst Upgrade

CrowdStrike (NASDAQ:CRWD) shares shot up 2.7% during trading on Tuesday after Wolfe Research upgraded the stock from a peer perform rating to an outperform rating. Wolfe Research now has a $450.00 price target on the stock. CrowdStrike traded as high as $392.88 and last traded at $390.41. 2,962,517 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 3,965,326 shares. The stock had previously closed at $380.06.

Other research analysts have also issued research reports about the company. Capital One Financial reduced their price objective on CrowdStrike from $600.00 to $590.00 and set an “overweight” rating for the company in a research report on Wednesday, January 14th. Macquarie Infrastructure reissued a “neutral” rating and issued a $485.00 target price on shares of CrowdStrike in a research note on Tuesday, January 27th. Canaccord Genuity Group reduced their price target on CrowdStrike from $515.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, March 4th. Barclays lowered their price target on CrowdStrike from $610.00 to $550.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Finally, Sanford C. Bernstein upped their price target on shares of CrowdStrike from $353.00 to $368.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $505.08.

Insider Buying and Selling at CrowdStrike

In other news, CEO George Kurtz sold 31,915 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $411.88, for a total transaction of $13,145,150.20. Following the transaction, the chief executive officer directly owned 2,162,415 shares of the company’s stock, valued at $890,655,490.20. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Michael Sentonas sold 19,367 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $411.06, for a total value of $7,960,999.02. Following the sale, the president directly owned 406,944 shares in the company, valued at $167,278,400.64. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 116,469 shares of company stock worth $48,369,351. Insiders own 3.32% of the company’s stock.

More CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Wolfe Research upgraded CRWD to “Outperform” and set a $450 price target, flagging a potential Anthropic/Mythos AI catalyst that could accelerate security spending—this upgrade is a primary short‑term catalyst behind the rally. Wolfe Upgrade / Yahoo
• Positive Sentiment: Morgan Stanley (and other analysts) continue to name CrowdStrike a top AI‑security trade, reaffirming buy-side conviction that AI adoption will expand attack surfaces and boost enterprise security budgets. 247wallst
• Positive Sentiment: CrowdStrike expanded its strategic partnership with HCLTech to deliver AI‑powered Continuous Threat Exposure Management services—this deepens go‑to‑market channels and supports international/managed services growth. HCLTech Partnership / Yahoo
• Positive Sentiment: Public endorsements: Jim Cramer reiterated that Anthropic is not an existential threat to CrowdStrike and praised CrowdStrike’s positioning—helpful for sentiment among retail/institutional momentum players. Cramer / Yahoo
• Neutral Sentiment: Fundamental bull case reiterated: commentary pieces and Seeking Alpha say CRWD’s high net retention (~115%) and platform strategy justify a Buy stance after the pullback—supports a longer‑term growth story but is less actionable near‑term. Seeking Alpha
• Neutral Sentiment: MarketWatch notes CRWD rose today but still lags broader market performance—highlights that while newsflow is supportive, the stock has been under pressure vs. peers. MarketWatch
• Negative Sentiment: Insider sales were reported (executive sales tied to RSU tax withholding), which can create short‑term headline noise and weigh on sentiment despite being routine. SEC Form 4 filings show recent dispositions. SEC Form 4

Hedge Funds Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Asset Planning Inc bought a new position in CrowdStrike during the third quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in CrowdStrike in the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC bought a new stake in CrowdStrike in the 3rd quarter worth approximately $25,000. Hanson & Doremus Investment Management raised its stake in CrowdStrike by 170.0% during the 4th quarter. Hanson & Doremus Investment Management now owns 54 shares of the company’s stock valued at $25,000 after buying an additional 34 shares during the last quarter. Finally, Basepoint Wealth LLC purchased a new stake in CrowdStrike during the 4th quarter valued at $25,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

The stock has a market capitalization of $99.01 billion, a P/E ratio of -527.57, a PEG ratio of 16.67 and a beta of 1.06. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. The firm has a fifty day moving average price of $415.13 and a two-hundred day moving average price of $468.33.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.10 by $0.02. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.CrowdStrike’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 earnings per share. As a group, analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.