CrowdStrike (NASDAQ:CRWD) Stock Price Down 7.5% - Should You Sell?

Key Points

• Shares slid 7.5% intraday to about $395 on ~37% higher volume as AI-driven competition fears and sector/macro rotation pressured the stock despite no imminent fundamental change.
• Bullish catalysts include CrowdStrike's selection by Anthropic for Project Glasswing and a newly authorized $500M share buyback, while analysts retain a "Moderate Buy" consensus with an average price target near $505.
• Latest quarter showed revenue up 23.8% to $1.31B with a slight EPS beat ($1.12 vs. $1.10), though the company still reports a negative net margin and negative return on equity.

CrowdStrike (NASDAQ:CRWD - Get Free Report) shares dropped 7.5% during mid-day trading on Thursday . The stock traded as low as $390.81 and last traded at $394.68. Approximately 5,374,999 shares traded hands during trading, an increase of 37% from the average daily volume of 3,916,625 shares. The stock had previously closed at $426.51.

CrowdStrike News Roundup

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Anthropic selected CrowdStrike for its Project Glasswing, positioning CRWD as a partner to secure advanced AI deployments — a potential revenue tailwind and validation of product relevance in the AI era. Anthropic's Project Glasswing partners with CrowdStrike, Palo Alto to evolve security for AI
• Positive Sentiment: J.P. Morgan and other analysts frame Anthropic’s move as a catalyst for cybersecurity leaders; JPMorgan sees further upside for CrowdStrike tied to AI-driven demand. Why JPMorgan sees further upside in Palo Alto and CrowdStrike stocks
• Positive Sentiment: The CrowdStrike board approved a share repurchase program — a near-term capital-return signal that can support the stock and offset some investor concern. CrowdStrike Board Approves Share Repurchase Program
• Positive Sentiment: Identity security within CrowdStrike is gaining traction, with strong ARR growth and enterprise demand that could meaningfully expand TAM and recurring revenue quality. Is Identity Security Becoming a Bigger Growth Driver for CrowdStrike?
• Positive Sentiment: Several bullish takes (Seeking Alpha, TipRanks, Blockonomi) argue Project Glasswing and CEO commentary turn AI risk into growth opportunity — reinforcing analyst buy ratings and supporting medium-term demand expectations. CrowdStrike: Anthropic's Project Glasswing Is A Game Changer
• Neutral Sentiment: Some analysts remain conflicted on tech names including CrowdStrike, reflecting mixed analyst views that can increase intraday volatility but don’t change fundamentals immediately. Analysts Conflicted on These Technology Names: Strategy (MSTR) and CrowdStrike Holdings (CRWD)
• Neutral Sentiment: Macro/sector investing debates (inflation/rotation into infrastructure vs. high-growth software) are keeping positioning fluid; portfolio managers are balancing tech exposure. Hunting for Returns: Hatching a New Strategy for Sticky Inflation
• Negative Sentiment: Benzinga and other market updates point to AI-driven competition fears and weak GDP/software sentiment driving selling pressure in enterprise software, which is a key reason CRWD shares are sliding today. Why Are CrowdStrike Shares Sliding On Thursday?
• Negative Sentiment: Coverage questioning whether CrowdStrike can fully recover investor trust after recent volatility adds narrative risk and could limit multiple expansion until growth visibility stabilizes. CrowdStrike Stock Trades at $426 After the Chaos—But Can CRWD Ever Fully Recover Investor Trust?

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. TD Cowen decreased their target price on shares of CrowdStrike from $580.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, February 24th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $520.00 target price on shares of CrowdStrike in a research report on Wednesday, March 4th. Daiwa Securities Group lowered their price objective on shares of CrowdStrike from $560.00 to $500.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 10th. Jefferies Financial Group lowered their price objective on shares of CrowdStrike from $600.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, February 27th. Finally, Stifel Nicolaus lowered their price objective on shares of CrowdStrike from $600.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $504.98.

CrowdStrike Stock Down 7.5%

The business's 50 day moving average is $408.60 and its 200 day moving average is $465.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a market cap of $100.09 billion, a price-to-earnings ratio of -533.34, a price-to-earnings-growth ratio of 17.51 and a beta of 1.07.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.02. CrowdStrike had a negative net margin of 3.81% and a negative return on equity of 0.14%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the business posted $1.03 EPS. The company's revenue was up 23.8% on a year-over-year basis. Equities analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

CrowdStrike announced that its Board of Directors has initiated a share repurchase plan on Monday, April 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to buy up to 0.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 28,853 shares of CrowdStrike stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $413.01, for a total transaction of $11,916,577.53. Following the completion of the sale, the chief executive officer owned 2,054,902 shares of the company's stock, valued at $848,695,075.02. This trade represents a 1.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Johanna Flower sold 3,000 shares of CrowdStrike stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $461.94, for a total transaction of $1,385,820.00. Following the sale, the director directly owned 76,082 shares of the company's stock, valued at $35,145,319.08. This trade represents a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 68,636 shares of company stock worth $28,690,657. 3.32% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new position in CrowdStrike during the 4th quarter worth $1,699,545,000. Northwestern Mutual Wealth Management Co. lifted its position in CrowdStrike by 310.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 872,491 shares of the company's stock worth $408,989,000 after acquiring an additional 659,705 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in CrowdStrike by 232.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 714,165 shares of the company's stock worth $334,772,000 after acquiring an additional 499,353 shares during the last quarter. Employees Provident Fund Board acquired a new position in CrowdStrike during the 4th quarter worth $216,342,000. Finally, Vanguard Group Inc. lifted its position in CrowdStrike by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 23,876,498 shares of the company's stock worth $11,708,557,000 after acquiring an additional 445,926 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc NASDAQ: CRWD is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company's core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.

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