CrowdStrike (NASDAQ:CRWD) Shares Up 2% - What's Next?

Key Points

• CrowdStrike's stock price increased by 2% to $422.48 following a previous close of $414.06, with trading volumes down 82% from its average.
• A consensus rating of "Moderate Buy" has been established among 46 analysts, with a target price of approximately $460.81 for CrowdStrike shares.
• Insider transactions revealed significant sales, including CEO George Kurtz offloading over $19 million worth of shares, representing a 1.94% decrease in his ownership.

CrowdStrike (NASDAQ:CRWD - Get Free Report) shot up 2% on Friday . The company traded as high as $423.66 and last traded at $422.48. 670,611 shares were traded during mid-day trading, a decline of 82% from the average session volume of 3,663,792 shares. The stock had previously closed at $414.06.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CRWD. Macquarie assumed coverage on CrowdStrike in a report on Thursday, July 17th. They issued a "neutral" rating and a $465.00 price target for the company. Royal Bank Of Canada upped their target price on CrowdStrike from $500.00 to $510.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Cfra reaffirmed a "hold" rating and issued a $555.00 target price (up from $517.00) on shares of CrowdStrike in a research report on Thursday, July 10th. Piper Sandler lowered CrowdStrike from an "overweight" rating to a "neutral" rating and set a $505.00 target price on the stock. in a research report on Monday, July 7th. Finally, Stifel Nicolaus upped their target price on CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Twenty-six analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $460.81.

CrowdStrike Price Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The company has a 50-day simple moving average of $468.54 and a two-hundred day simple moving average of $427.40. The stock has a market capitalization of $104.82 billion, a price-to-earnings ratio of -609.49 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.07. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company earned $0.93 earnings per share. The firm's revenue for the quarter was up 19.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the sale, the chief executive officer directly owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Roxanne S. Austin sold 9,447 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $512.65, for a total value of $4,843,004.55. Following the completion of the sale, the director directly owned 18,858 shares in the company, valued at $9,667,553.70. This represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 214,414 shares of company stock valued at $101,484,738 over the last three months. 3.32% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Cloud Capital Management LLC bought a new position in CrowdStrike during the first quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC boosted its stake in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC bought a new position in CrowdStrike during the first quarter valued at about $26,000. AlphaQuest LLC bought a new position in CrowdStrike during the second quarter valued at about $26,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

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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