CrowdStrike (NASDAQ:CRWD) Shares Down 1.4% on Insider Selling

Key Points

• CrowdStrike's share price dropped 1.4% to $489.88 following insider selling, with President Michael Sentonas selling 20,000 shares for $10 million.
• Analyst ratings for CrowdStrike include a mix of "outperform," "neutral," and "sell," with a consensus rating of Moderate Buy and an average price target of $487.11.
• The company reported $1.17 billion in revenue for the last quarter, exceeding expectations, and experienced a year-over-year revenue growth of 21.4%.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s share price fell 1.4% during trading on Friday following insider selling activity. The stock traded as low as $486.30 and last traded at $489.88. 1,979,395 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 3,667,460 shares. The stock had previously closed at $496.80.

Specifically, President Michael Sentonas sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares in the company, valued at $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Analysts Set New Price Targets

Several brokerages have recently commented on CRWD. Daiwa Capital Markets upped their price target on CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research note on Wednesday, September 24th. Piper Sandler cut their price target on CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a report on Thursday, August 28th. Weiss Ratings reissued a "sell (d)" rating on shares of CrowdStrike in a research report on Saturday, September 27th. Cfra reaffirmed a "hold" rating and set a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Finally, Oppenheimer reissued an "outperform" rating and issued a $520.00 price target on shares of CrowdStrike in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, CrowdStrike has a consensus rating of "Moderate Buy" and an average price target of $487.11.

CrowdStrike Price Performance

The company has a 50-day moving average price of $446.22 and a two-hundred day moving average price of $439.56. 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 company has a market cap of $122.94 billion, a PE ratio of -411.66, a P/E/G ratio of 116.74 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly 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. 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 analysts' expectations of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 earnings per share. The company's 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. Sell-side analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Institutional Trading of CrowdStrike

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in CrowdStrike by 4.6% in the third quarter. GAMMA Investing LLC now owns 4,177 shares of the company's stock valued at $2,048,000 after buying an additional 185 shares during the last quarter. Jacobs & Co. CA increased its holdings in CrowdStrike by 1.9% in the third quarter. Jacobs & Co. CA now owns 17,742 shares of the company's stock valued at $8,700,000 after buying an additional 331 shares during the last quarter. Rydar Equities Inc. bought a new stake in CrowdStrike in the second quarter valued at about $1,053,000. Corient Private Wealth LLC increased its holdings in CrowdStrike by 4.8% in the second quarter. Corient Private Wealth LLC now owns 32,154 shares of the company's stock valued at $16,376,000 after buying an additional 1,487 shares during the last quarter. Finally, Caldwell Trust Co bought a new stake in CrowdStrike in the second quarter valued at about $115,000. 71.16% of the stock is 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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