Insider Selling: CrowdStrike (NASDAQ:CRWD) Director Sells 2,347 Shares of Stock

Key Points

• CrowdStrike Director Johanna Flower sold 2,347 shares of the company's stock for about $1.15 million, decreasing her ownership by 2.88% to approximately 79,057 shares valued at $38.8 million.
• The company's stock priced at $484.65 recently exhibited a significant range over the past year, reaching a low of $294.68 and a high of $517.98.
• CrowdStrike reported a revenue increase of 21.4% year-over-year, posting $1.17 billion for the last quarter alongside an earnings per share (EPS) of $0.93, exceeding analysts' estimates.

CrowdStrike (NASDAQ:CRWD - Get Free Report) Director Johanna Flower sold 2,347 shares of the company's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares in the company, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

CrowdStrike Stock Performance

NASDAQ:CRWD traded up $2.42 during mid-day trading on Friday, hitting $484.65. The company's stock had a trading volume of 1,923,738 shares, compared to its average volume of 2,767,548. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market cap of $121.63 billion, a price-to-earnings ratio of -407.27, a PEG ratio of 113.32 and a beta of 1.19. The business's fifty day moving average is $455.15 and its two-hundred day moving average is $448.34.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the company posted $1.04 EPS. The company's revenue for the quarter was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of research reports. Evercore ISI raised their price target on shares of CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. Morgan Stanley raised their price target on shares of CrowdStrike from $460.00 to $475.00 and gave the company an "equal weight" rating in a research note on Thursday, September 18th. Piper Sandler decreased their price target on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research note on Wednesday. Finally, Daiwa Capital Markets raised their price target on shares of CrowdStrike from $475.00 to $530.00 and gave the company an "outperform" rating in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $494.95.

Institutional Trading of CrowdStrike

A number of hedge funds have recently bought and sold shares of CRWD. Brighton Jones LLC raised its holdings in CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after acquiring an additional 2,417 shares during the last quarter. GAMMA Investing LLC raised its holdings in CrowdStrike by 43.6% in the 1st quarter. GAMMA Investing LLC now owns 3,082 shares of the company's stock valued at $1,087,000 after acquiring an additional 936 shares during the last quarter. Grimes & Company Inc. raised its holdings in CrowdStrike by 10.8% in the 1st quarter. Grimes & Company Inc. now owns 872 shares of the company's stock valued at $307,000 after acquiring an additional 85 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in shares of CrowdStrike by 9.2% during the 1st quarter. Robertson Stephens Wealth Management LLC now owns 1,048 shares of the company's stock worth $370,000 after buying an additional 88 shares during the last quarter. Finally, Clarius Group LLC increased its holdings in shares of CrowdStrike by 15.1% during the 1st quarter. Clarius Group LLC now owns 1,046 shares of the company's stock worth $369,000 after buying an additional 137 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

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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