CrowdStrike (NASDAQ:CRWD) Stock Price Down 1.2% - Time to Sell?

Key Points

• CrowdStrike's stock price fell by 1.2% to $413.41, with trading volume decreasing significantly to 740,486 shares compared to an average of 3,684,679 shares.
• Analysts have mixed opinions on CrowdStrike's stock, with ratings ranging from "strong buy" to "strong sell", and a consensus price target set at $460.81.
• The company reported a quarterly earnings per share of $0.73, exceeding expectations, while revenue growth was 19.8% year-over-year, although slightly below analysts' projections.

Shares of CrowdStrike (NASDAQ:CRWD - Get Free Report) fell 1.2% during trading on Wednesday . The stock traded as low as $409.31 and last traded at $413.41. Approximately 740,486 shares were traded during mid-day trading, a decline of 80% from the average session volume of 3,684,679 shares. The stock had previously closed at $418.60.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CRWD. DZ Bank cut shares of CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price objective for the company. in a research note on Thursday, May 22nd. Macquarie began coverage on shares of CrowdStrike in a research note on Thursday, July 17th. They issued a "neutral" rating and a $465.00 price objective for the company. Piper Sandler cut shares of CrowdStrike from an "overweight" rating to a "neutral" rating and set a $505.00 price objective for the company. in a research note on Monday, July 7th. Mizuho lifted their price objective on shares of CrowdStrike from $425.00 to $450.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. Finally, Needham & Company LLC lifted their price objective on shares of CrowdStrike from $420.00 to $530.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Twenty-six research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $460.81.

CrowdStrike Stock Performance

The firm has a market cap of $104.69 billion, a price-to-earnings ratio of -608.81 and a beta of 1.13. The stock has a 50 day moving average of $468.54 and a 200 day moving average of $427.40. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21.

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

Insider Activity

In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $477.00, for a total transaction of $11,925,000.00. Following the completion of the transaction, the president owned 422,204 shares of the company's stock, valued at approximately $201,391,308. The trade was a 5.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares of the company's stock, valued at $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,414 shares of company stock valued at $101,484,738. Corporate insiders own 3.32% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Thompson Davis & CO. Inc. increased its stake in shares of CrowdStrike by 7.7% in the second quarter. Thompson Davis & CO. Inc. now owns 1,400 shares of the company's stock valued at $713,000 after buying an additional 100 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of CrowdStrike in the second quarter valued at approximately $14,844,000. Newbridge Financial Services Group Inc. increased its stake in shares of CrowdStrike by 5.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 27,298 shares of the company's stock valued at $13,903,000 after buying an additional 1,408 shares during the period. MRP Capital Investments LLC increased its stake in shares of CrowdStrike by 67.4% in the second quarter. MRP Capital Investments LLC now owns 323 shares of the company's stock valued at $165,000 after buying an additional 130 shares during the period. Finally, Advisory Services Network LLC boosted its holdings in CrowdStrike by 3.6% in the second quarter. Advisory Services Network LLC now owns 41,883 shares of the company's stock valued at $21,331,000 after acquiring an additional 1,465 shares during the last quarter. Institutional investors and hedge funds 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.