CrowdStrike (NASDAQ:CRWD) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of CrowdStrike NASDAQ: CRWD. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in CrowdStrike stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $5.89 on Friday, hitting $467.92. 1,788,951 shares of the company's stock were exchanged, compared to its average volume of 2,689,736. The company has a 50-day simple moving average of $477.89 and a 200-day simple moving average of $419.12. The stock has a market capitalization of $116.63 billion, a PE ratio of -678.14 and a beta of 1.16. CrowdStrike has a 1 year low of $200.81 and a 1 year high of $517.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The company's revenue was up 19.8% on a year-over-year basis. During the same period last year, the firm earned $0.93 EPS. As a group, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NorthRock Partners LLC lifted its holdings in CrowdStrike by 29.4% during the second quarter. NorthRock Partners LLC now owns 6,471 shares of the company's stock valued at $3,296,000 after purchasing an additional 1,471 shares in the last quarter. Verdence Capital Advisors LLC lifted its stake in shares of CrowdStrike by 2.2% in the second quarter. Verdence Capital Advisors LLC now owns 2,063 shares of the company's stock worth $1,051,000 after buying an additional 44 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of CrowdStrike by 1.9% in the second quarter. Oregon Public Employees Retirement Fund now owns 21,565 shares of the company's stock worth $10,983,000 after buying an additional 400 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of CrowdStrike by 24.8% in the second quarter. Sequoia Financial Advisors LLC now owns 7,059 shares of the company's stock worth $3,595,000 after buying an additional 1,401 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. purchased a new position in shares of CrowdStrike in the second quarter worth about $285,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRWD shares. Westpark Capital restated a "hold" rating on shares of CrowdStrike in a research report on Thursday, June 5th. Barclays set a $500.00 price objective on shares of CrowdStrike in a research report on Tuesday, June 3rd. Piper Sandler downgraded shares of CrowdStrike from an "overweight" rating to a "neutral" rating and set a $505.00 price objective on the stock. in a research report on Monday, July 7th. DA Davidson raised their price objective on shares of CrowdStrike from $415.00 to $530.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Finally, JMP Securities restated a "market outperform" rating and set a $500.00 price objective on shares of CrowdStrike in a research report on Wednesday, June 4th. One analyst has rated the stock with a sell rating, nineteen have given a hold rating and twenty-six have issued a buy rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus target price of $461.17.

Insider Transactions at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of CrowdStrike stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total transaction of $11,925,000.00. Following the transaction, the president directly owned 422,204 shares of the company's stock, valued at $201,391,308. The trade was a 5.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 16,000 shares of CrowdStrike stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $436.88, for a total transaction of $6,990,080.00. Following the transaction, the chief financial officer directly owned 249,653 shares in the company, valued at $109,068,402.64. This trade represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 241,820 shares of company stock valued at $113,297,985. Company insiders own 3.32% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.