CrowdStrike (NASDAQ:CRWD) Director Sells $2,564,500.00 in Stock

Key Points

• Sameer Gandhi, a director at CrowdStrike, sold 6,250 shares of the company's stock for $2,564,500, reducing his ownership by 0.81% to 768,511 shares.
• CrowdStrike's shares traded up 2.5% following strong quarterly earnings, reporting $0.93 earnings per share and $1.17 billion in revenue, surpassing analyst expectations.
• Analysts have a consensus rating of "Moderate Buy" for CrowdStrike, with target prices ranging from $430.00 to $500.00, following various upward adjustments.

CrowdStrike (NASDAQ:CRWD - Get Free Report) Director Sameer Gandhi sold 6,250 shares of the business's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the sale, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CrowdStrike Trading Up 2.5%

Shares of CRWD traded up $10.43 during midday trading on Monday, hitting $428.06. The stock had a trading volume of 2,540,762 shares, compared to its average volume of 3,230,501. The stock's 50 day moving average is $451.94 and its 200 day moving average is $426.29. The firm has a market cap of $107.43 billion, a PE ratio of -359.71, a price-to-earnings-growth ratio of 130.70 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 1 year low of $242.25 and a 1 year high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share 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 company's revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 earnings per share. 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, analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently bought and sold shares of the company. Patron Partners LLC boosted its position in CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company's stock worth $548,000 after purchasing an additional 22 shares during the period. Real Talk Capital LLC increased its stake in shares of CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after buying an additional 24 shares during the last quarter. Tradewinds Capital Management LLC increased its position in shares of CrowdStrike by 20.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd grew its stake in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after purchasing an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. raised its stake in CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of research reports. Mizuho decreased their price target on shares of CrowdStrike from $450.00 to $430.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. Truist Financial reaffirmed a "buy" rating and set a $500.00 price target (up previously from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. BMO Capital Markets set a $450.00 target price on shares of CrowdStrike in a research report on Thursday, August 28th. Bank of America reaffirmed a "neutral" rating and issued a $470.00 target price (up from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Finally, Barclays set a $500.00 price target on CrowdStrike in a report on Tuesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of "Moderate Buy" and a consensus target price of $460.10.

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.

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