CrowdStrike's (CRWD) "Hold" Rating Reiterated at Westpark Capital

Key Points

• CrowdStrike's stock has received a "hold" rating from Westpark Capital, while several other analysts have issued ratings including "buy" and "outperform" with price targets ranging from $480.00 to $510.00.
• The company reported a quarterly earnings of $0.93 per share, surpassing analyst expectations, and showed a year-over-year revenue increase of 21.4% with total revenue reaching $1.17 billion.
• Insider activity includes significant sales by CFO Burt W. Podbere and President Michael Sentonas, contributing to a total of 204,414 shares sold by insiders in the last ninety days.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock had its "hold" rating reaffirmed by equities researchers at Westpark Capital in a report issued on Thursday,Benzinga reports.

Other research analysts also recently issued research reports about the company. BTIG Research restated a "buy" rating on shares of CrowdStrike in a report on Thursday, May 22nd. Scotiabank upped their price target on CrowdStrike from $370.00 to $480.00 and gave the company a "sector perform" rating in a report on Wednesday, June 4th. Raymond James Financial reaffirmed an "outperform" rating and set a $485.00 price target (up from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Citigroup reiterated an "outperform" rating on shares of CrowdStrike in a research note on Monday, May 5th. Finally, Royal Bank Of Canada lifted their price target on shares of CrowdStrike from $500.00 to $510.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Twenty-six investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $462.41.

CrowdStrike Trading Up 1.2%

Shares of CRWD stock opened at $422.61 on Thursday. CrowdStrike has a 1-year low of $242.25 and a 1-year high of $517.98. The stock has a market capitalization of $105.34 billion, a PE ratio of -612.48 and a beta of 1.13. 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 business has a 50-day moving average of $463.39 and a 200 day moving average of $427.49.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the business earned $1.04 EPS. CrowdStrike's revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In related news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 25,000 shares of CrowdStrike stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total value of $11,925,000.00. Following the transaction, the president owned 422,204 shares in the company, valued at $201,391,308. This trade represents a 5.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 204,414 shares of company stock valued at $96,794,738 in the last ninety days. Corporate insiders own 3.32% of the company's stock.

Hedge Funds Weigh In On CrowdStrike

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. increased its stake in CrowdStrike by 20.4% in the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock worth $447,000 after buying an additional 215 shares in the last quarter. OLD National Bancorp IN purchased a new stake in CrowdStrike in the 1st quarter worth $248,000. Bessemer Group Inc. increased its stake in CrowdStrike by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock worth $783,000 after buying an additional 98 shares in the last quarter. CX Institutional purchased a new stake in CrowdStrike in the 1st quarter worth $175,000. Finally, Ritholtz Wealth Management increased its stake in CrowdStrike by 23.8% in the 1st quarter. Ritholtz Wealth Management now owns 3,824 shares of the company's stock worth $1,348,000 after buying an additional 736 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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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