CrowdStrike (NASDAQ:CRWD) Given Hold Rating at Westpark Capital

Key Points

• Westpark Capital has reiterated a "hold" rating on CrowdStrike (NASDAQ:CRWD) while other analysts have given the stock various buy ratings and raised their target prices recently.
• CrowdStrike reported an earnings per share (EPS) of $0.93 for the last quarter, exceeding analysts' expectations by $0.10, with revenue growing by 21.4% year-over-year.
• Insider executives, including CEO George Kurtz and CFO Burt W. Podbere, sold significant shares of CrowdStrike recently, leading to a 0.84% decrease in Kurtz's ownership stake.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock had its "hold" rating reiterated by research analysts at Westpark Capital in a research report issued on Wednesday,Benzinga reports.

Other analysts have also recently issued reports about the stock. Daiwa Capital Markets lifted their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 24th. Jefferies Financial Group lifted their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a "buy" rating in a research note on Thursday, September 18th. Wells Fargo & Company lifted their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 1st. Capital One Financial lifted their price target on shares of CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a report on Thursday, September 18th. Finally, Citigroup reiterated an "outperform" rating on shares of CrowdStrike in a report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus price target of $494.02.

CrowdStrike Trading Up 0.8%

CRWD stock traded up $3.89 during midday trading on Wednesday, hitting $492.83. The stock had a trading volume of 703,743 shares, compared to its average volume of 3,617,772. The firm has a market cap of $123.68 billion, a PE ratio of -414.05, a price-to-earnings-growth ratio of 119.52 and a beta of 1.19. 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 12-month low of $294.68 and a 12-month high of $517.98. The company's 50-day moving average price is $452.06 and its 200 day moving average price is $446.31.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike's revenue for the quarter was up 21.4% on a year-over-year basis. During the same period 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. On average, equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO George Kurtz sold 17,830 shares of the business's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares of the company's stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 10,706 shares of the business's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares of the company's stock, valued at approximately $109,257,564.08. This represents a 4.63% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 155,743 shares of company stock worth $74,348,319. 3.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CRWD. Cloud Capital Management LLC bought a new position in CrowdStrike in the 1st quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% in the 1st 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 last quarter. Vision Financial Markets LLC bought a new position in CrowdStrike in the 1st quarter worth about $26,000. AlphaQuest LLC bought a new position in CrowdStrike in the 2nd quarter worth about $26,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after purchasing an additional 58 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

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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