CrowdStrike $CRWD Shares Sold by Candriam S.C.A.

Key Points

• Candriam S.C.A. reduced its stake in CrowdStrike by 0.7%, now holding 180,042 shares valued at approximately $63.5 million.
• Insider selling was significant, with Director Sameer K. Gandhi selling 6,250 shares and CEO George Kurtz selling 42,267 shares, representing a decrease in their ownership positions of 0.80% and 1.94%, respectively.
• CrowdStrike shares are currently down by 1.8% and analysts show a mixed outlook, with an average target price of $460.81 amidst varying ratings from different research firms.

Candriam S.C.A. trimmed its position in CrowdStrike (NASDAQ:CRWD - Free Report) by 0.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 180,042 shares of the company's stock after selling 1,207 shares during the period. Candriam S.C.A. owned about 0.07% of CrowdStrike worth $63,479,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in CrowdStrike in the 1st quarter worth about $25,000. Vision Financial Markets LLC acquired a new stake in CrowdStrike in the 1st quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after buying an additional 40 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. boosted its holdings in CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after buying an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in CrowdStrike in the 1st quarter worth about $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the sale, the director owned 774,761 shares of the company's stock, valued at approximately $346,387,895.49. This represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 42,267 shares of the company's 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 in the company, valued at $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 214,414 shares of company stock valued at $101,484,738. Insiders own 3.32% of the company's stock.

CrowdStrike Stock Down 1.8%

Shares of NASDAQ CRWD opened at $418.60 on Wednesday. The firm has a market cap of $104.34 billion, a price-to-earnings ratio of -606.67 and a beta of 1.13. 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 has a 52-week low of $242.25 and a 52-week high of $517.98. The business's 50 day moving average is $471.05 and its two-hundred day moving average is $427.34.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The firm's quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

CRWD has been the topic of several research analyst reports. Morgan Stanley reiterated an "equal weight" rating and issued a $495.00 price objective (up from $490.00) on shares of CrowdStrike in a report on Monday, July 14th. Sanford C. Bernstein cut CrowdStrike from an "outperform" rating to a "market perform" rating and set a $371.00 target price on the stock. in a report on Friday, June 6th. Jefferies Financial Group boosted their target price on CrowdStrike from $520.00 to $530.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Westpark Capital restated a "hold" rating on shares of CrowdStrike in a report on Thursday, June 5th. Finally, Mizuho boosted their target price on CrowdStrike from $425.00 to $450.00 and gave the stock a "neutral" rating in a report on Wednesday, June 4th. Twenty-six analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $460.81.

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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