CrowdStrike (NASDAQ:CRWD) CAO Sells $1,107,349.12 in Stock

Key Points

• Anurag Saha, the Chief Accounting Officer of CrowdStrike, sold 2,234 shares for a total of $1,107,349.12, decreasing his stake in the company by 5.42%.
• CrowdStrike's stock has seen a recent decline, trading down to $476.33 with an average trading volume of 2,210,704 shares.
• The company reported quarterly earnings of $0.93 per share, exceeding analysts' expectations and showing a 21.4% year-over-year revenue increase.

CrowdStrike (NASDAQ:CRWD - Get Free Report) CAO Anurag Saha sold 2,234 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.68, for a total value of $1,107,349.12. Following the sale, the chief accounting officer directly owned 39,017 shares in the company, valued at $19,339,946.56. This represents a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Anurag Saha also recently made the following trade(s):

• On Wednesday, September 24th, Anurag Saha sold 1,762 shares of CrowdStrike stock. The stock was sold at an average price of $482.41, for a total value of $850,006.42.

CrowdStrike Price Performance

NASDAQ:CRWD traded down $7.77 during trading hours on Wednesday, reaching $476.33. 2,210,704 shares of the company were exchanged, compared to its average volume of 4,046,499. The company has a market capitalization of $119.54 billion, a P/E ratio of -400.27, a P/E/G ratio of 113.76 and a beta of 1.12. CrowdStrike has a 1-year low of $272.67 and a 1-year high of $517.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The business has a 50 day moving average of $443.62 and a 200 day moving average of $432.52.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business posted $1.04 earnings per share. The firm's quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on CRWD. KeyCorp upped their target price on CrowdStrike from $495.00 to $510.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. Susquehanna upped their target price on CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a research note on Wednesday, June 4th. Canaccord Genuity Group upped their target price on CrowdStrike from $430.00 to $500.00 and gave the stock a "hold" rating in a research note on Monday. Stephens upped their target price on CrowdStrike from $510.00 to $525.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. Finally, Piper Sandler cut their target price on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $480.07.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Laurel Wealth Advisors LLC raised its position in CrowdStrike by 54,635.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company's stock worth $2,186,714,000 after purchasing an additional 4,285,640 shares during the last quarter. Norges Bank bought a new position in CrowdStrike during the 2nd quarter worth $1,638,365,000. Nuveen LLC bought a new position in CrowdStrike during the 1st quarter worth $595,766,000. Jennison Associates LLC raised its position in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in CrowdStrike by 50,536.2% during the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock worth $383,132,000 after purchasing an additional 1,084,506 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

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.

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