Burt Podbere Sells 15,918 Shares of CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) CFO Burt Podbere sold 15,918 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $410.45, for a total transaction of $6,533,543.10. Following the sale, the chief financial officer directly owned 195,523 shares in the company, valued at approximately $80,252,415.35. This trade represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $392.62 on Friday. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a market cap of $99.57 billion, a PE ratio of -530.56, a price-to-earnings-growth ratio of 16.93 and a beta of 1.06. The business has a fifty day simple moving average of $419.34 and a 200-day simple moving average of $468.81.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the firm earned $1.03 earnings per share. CrowdStrike’s quarterly revenue was up 23.8% on a year-over-year basis. On average, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Institutional Investors Weigh In On CrowdStrike

A number of large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after purchasing an additional 2,417 shares during the period. Empowered Funds LLC boosted its stake in CrowdStrike by 3.6% during the 1st quarter. Empowered Funds LLC now owns 4,812 shares of the company’s stock valued at $1,697,000 after purchasing an additional 169 shares during the period. Global Retirement Partners LLC acquired a new stake in CrowdStrike in the 2nd quarter valued at approximately $6,083,000. Maripau Wealth Management LLC bought a new position in CrowdStrike in the 2nd quarter worth approximately $239,000. Finally, CreativeOne Wealth LLC increased its position in CrowdStrike by 4.3% in the 2nd quarter. CreativeOne Wealth LLC now owns 6,941 shares of the company’s stock worth $3,535,000 after buying an additional 287 shares during the period. Institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CRWD. Canaccord Genuity Group decreased their price target on shares of CrowdStrike from $515.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, March 4th. BMO Capital Markets lowered their target price on CrowdStrike from $555.00 to $500.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Susquehanna upped their target price on CrowdStrike from $530.00 to $600.00 and gave the stock a “positive” rating in a research report on Wednesday, December 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $520.00 price target on shares of CrowdStrike in a research note on Wednesday, March 4th. Finally, BNP Paribas Exane reduced their price target on CrowdStrike from $450.00 to $400.00 and set a “neutral” rating for the company in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $506.26.

CrowdStrike News Summary

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike introduced the Charlotte AI AgentWorks ecosystem and several Falcon AI capabilities (Agentic MDR, Falcon Data Security) aimed at making Falcon an AI‑centric security OS — a potential revenue‑mix and retention uplift through higher‑value services and platform lock‑in. Charlotte AI AgentWorks
• Positive Sentiment: Expanded integrations with IBM (integrating Charlotte AI with IBM’s ATOM) should accelerate agentic SOC deployments and increase channel reach into large enterprise SOCs. CrowdStrike and IBM Expand Strategic Collaboration
• Positive Sentiment: Deeper collaboration with Intel to optimize Falcon for AI‑powered PCs broadens endpoint coverage as AI workloads shift to devices — helps address a growing attack surface and reinforces product relevance. CrowdStrike and Intel Collaboration
• Neutral Sentiment: CrowdStrike’s ecosystem moves (AWS, NVIDIA, OpenAI, Anthropic partners) and startup accelerator (winner: Jazz) add strategic validation and PR but are unlikely to move near‑term fundamentals materially. CrowdStrike and AWS Announce Jazz as the Winner
• Negative Sentiment: Significant insider selling was disclosed (CEO George Kurtz, CFO Burt Podbere, President Michael Sentonas and others sold stock on March 23). Large executive sales amplify headline risk and can pressure sentiment even if driven by personal liquidity needs. SEC Form 4 (Kurtz sale)
• Negative Sentiment: Valuation and technicals remain headwinds: CRWD still trades at a premium to peers on growth expectations and sits below short‑term moving averages, leaving the stock exposed to rotation out of high‑multiple software names and any analyst target cuts. CrowdStrike Stock Outlook

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.