CrowdStrike (NASDAQ:CRWD) CAO Sells $850,006.42 in Stock

Key Points

• Anurag Saha, CrowdStrike's Chief Accounting Officer, sold 1,762 shares of the company's stock for a total of $850,006.42, marking a 4.52% decrease in his holdings.
• CrowdStrike reported $1.17 billion in revenue for the latest quarter, exceeding expectations, and set FY 2026 guidance at 3.600-3.72 EPS.
• The company's stock has a market capitalization of $119.54 billion and is currently trading down 1.6%, with analysts maintaining an average target price of $480.07.

CrowdStrike (NASDAQ:CRWD - Get Free Report) CAO Anurag Saha sold 1,762 shares of the business's stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares in the company, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, September 22nd, Anurag Saha sold 2,234 shares of CrowdStrike stock. The stock was sold at an average price of $495.68, for a total value of $1,107,349.12.

CrowdStrike Trading Down 1.6%

NASDAQ CRWD traded down $7.77 on Wednesday, hitting $476.33. 2,210,704 shares of the company were exchanged, compared to its average volume of 4,046,499. The company's 50 day moving average price is $443.62 and its 200-day moving average price is $432.52. 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 firm has a market capitalization of $119.54 billion, a P/E ratio of -400.27, a price-to-earnings-growth ratio of 113.76 and a beta of 1.12. CrowdStrike has a twelve month low of $272.67 and a twelve month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the company earned $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. Analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CRWD shares. Raymond James Financial reiterated an "outperform" rating and issued a $485.00 target price (up previously from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. New Street Research set a $460.00 target price on CrowdStrike in a report on Thursday, August 28th. Zacks Research upgraded CrowdStrike from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. JMP Securities upped their target price on CrowdStrike from $500.00 to $550.00 and gave the company a "market outperform" rating in a report on Tuesday. Finally, BTIG Research reiterated a "buy" rating and issued a $489.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $480.07.

Hedge Funds Weigh In On CrowdStrike

Institutional investors have recently bought and sold shares of the stock. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike during the 1st quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC boosted its position in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC acquired a new position in CrowdStrike during the 1st quarter worth $26,000. AlphaQuest LLC acquired a new position in CrowdStrike during the 2nd quarter worth $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after acquiring an additional 58 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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