CrowdStrike (NASDAQ:CRWD) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• CrowdStrike is rated as a "Moderate Buy" by 44 brokerages, with an average 12-month target price of $460.10.
• Insider transactions revealed that CFO Burt W. Podbere and CEO George Kurtz sold shares worth over $24 million on August 5, reflecting a decrease in their ownership.
• CrowdStrike's recent quarterly earnings beat estimates with an EPS of $0.93 and a revenue of $1.17 billion, marking a 21.4% year-over-year increase.

Shares of CrowdStrike (NASDAQ:CRWD - Get Free Report) have been given an average rating of "Moderate Buy" by the forty-four research firms that are covering the firm, MarketBeat reports. Nineteen equities research analysts have rated the stock with a hold recommendation, twenty-four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $460.10.

Several equities research analysts have recently commented on the stock. Roth Capital boosted their price target on shares of CrowdStrike from $410.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Cantor Fitzgerald reissued an "overweight" rating and set a $475.00 target price on shares of CrowdStrike in a research report on Tuesday, August 26th. Wells Fargo & Company upped their price objective on shares of CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. Morgan Stanley decreased their target price on shares of CrowdStrike from $495.00 to $460.00 and set an "equal weight" rating for the company in a research note on Thursday, August 28th. Finally, Raymond James Financial restated an "outperform" rating and set a $485.00 price objective (up from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th.

Insider Transactions at CrowdStrike

In related news, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer directly owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 188,164 shares of company stock valued at $88,876,050 in the last three months. 3.32% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CrowdStrike

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

CrowdStrike Trading Down 0.1%

Shares of CRWD opened at $413.20 on Thursday. CrowdStrike has a 1-year low of $242.25 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 1.85. The firm has a market capitalization of $102.99 billion, a price-to-earnings ratio of -347.22 and a beta of 1.12. The company has a 50-day moving average of $457.05 and a 200 day moving average of $426.90.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the business posted $1.04 EPS. The company'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. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current year.

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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