CrowdStrike (NASDAQ:CRWD) Shares Down 3.4% - Here's What Happened

Key Points

• Shares fell 3.4% to $487.47 mid-day on Monday, with ~2.16 million shares traded (down 36% from average) after a prior close of $504.78.
• CrowdStrike beat quarterly estimates with EPS $0.96 vs. $0.94 and revenue $1.23B vs. $1.22B (revenue +21.8% YoY), and set FY2026 guidance of 3.700–3.720 EPS and Q4 guidance of 1.090–1.110 EPS.
• Analysts rate the stock a "Moderate Buy" with an average price target of $554.65 (notable targets: RBC $621, Daiwa $560), while insiders have sold ~120,595 shares in the last three months and institutions own 71.16% of the stock.

CrowdStrike (NASDAQ:CRWD - Get Free Report) dropped 3.4% during mid-day trading on Monday . The company traded as low as $487.43 and last traded at $487.47. Approximately 2,159,798 shares were traded during trading, a decline of 36% from the average daily volume of 3,393,853 shares. The stock had previously closed at $504.78.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CRWD. Royal Bank Of Canada reissued an "outperform" rating and issued a $621.00 price objective on shares of CrowdStrike in a report on Wednesday, December 3rd. Daiwa Capital Markets increased their price target on shares of CrowdStrike from $530.00 to $560.00 and gave the stock an "outperform" rating in a report on Tuesday, December 9th. Cowen reaffirmed a "buy" rating on shares of CrowdStrike in a report on Wednesday, December 3rd. Piper Sandler upped their price objective on shares of CrowdStrike from $450.00 to $520.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 3rd. Finally, Evercore ISI raised their target price on CrowdStrike from $430.00 to $460.00 and gave the company an "in-line" rating in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, CrowdStrike presently has an average rating of "Moderate Buy" and an average target price of $554.65.

CrowdStrike Trading Down 3.4%

The company has a 50 day simple moving average of $517.20 and a 200 day simple moving average of $482.03. The company has a market capitalization of $122.89 billion, a PE ratio of -386.88, a price-to-earnings-growth ratio of 122.18 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $0.93 earnings per share. The business's revenue was up 21.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 6,975 shares of the business's stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the transaction, the chief executive officer directly owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. The trade was a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 1,879 shares of the company's stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $527.51, for a total transaction of $991,191.29. Following the sale, the director directly owned 763,027 shares of the company's stock, valued at approximately $402,504,372.77. This represents a 0.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 120,595 shares of company stock valued at $61,294,989. 3.32% of the stock is owned by company insiders.

Hedge Funds Weigh In On CrowdStrike

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CRWD. Asset Planning Inc acquired a new position in shares of CrowdStrike during the 3rd quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in CrowdStrike during the third quarter worth about $25,000. Anchor Investment Management LLC acquired a new position in CrowdStrike in the 3rd quarter valued at about $25,000. AlphaQuest LLC purchased a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $26,000. Finally, Logan Capital Management Inc. purchased a new stake in shares of CrowdStrike in the 3rd quarter valued at approximately $26,000. Institutional investors and hedge funds 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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