Insider Selling: CrowdStrike (NASDAQ:CRWD) Director Sells 1,879 Shares of Stock

by · The Markets Daily

CrowdStrike (NASDAQ:CRWD – Get Free Report) Director Sameer Gandhi sold 1,879 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $527.51, for a total transaction of $991,191.29. Following the sale, the director owned 763,027 shares of the company’s stock, valued at approximately $402,504,372.77. The trade was a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

CrowdStrike Trading Down 0.4%

Shares of CRWD traded down $1.89 during trading hours on Thursday, hitting $517.65. The company had a trading volume of 1,989,170 shares, compared to its average volume of 2,338,716. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The stock’s 50 day moving average price is $516.91 and its 200 day moving average price is $481.53. The firm has a market cap of $129.91 billion, a P/E ratio of -410.83, a P/E/G ratio of 125.76 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company earned $0.93 EPS. CrowdStrike’s revenue for the quarter was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, research analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of CrowdStrike by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 23,876,498 shares of the company’s stock valued at $11,708,557,000 after buying an additional 445,926 shares in the last quarter. State Street Corp lifted its position in CrowdStrike by 1.1% during the 3rd quarter. State Street Corp now owns 10,922,290 shares of the company’s stock valued at $5,356,073,000 after acquiring an additional 117,639 shares during the period. Geode Capital Management LLC lifted its position in CrowdStrike by 5.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after acquiring an additional 273,922 shares during the period. Laurel Wealth Advisors LLC boosted its stake in CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after acquiring an additional 4,285,640 shares in the last quarter. Finally, Norges Bank purchased a new stake in CrowdStrike in the second quarter worth about $1,638,365,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Stephens raised their price target on shares of CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, October 9th. JMP Securities increased their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a report on Tuesday, September 23rd. Citizens Jmp reissued a “market outperform” rating and issued a $500.00 target price on shares of CrowdStrike in a research note on Wednesday, December 3rd. DA Davidson reaffirmed a “buy” rating and set a $580.00 price target on shares of CrowdStrike in a research report on Wednesday, December 3rd. Finally, Citigroup increased their price objective on CrowdStrike from $575.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $554.65.

Get Our Latest Stock Report on CRWD

About CrowdStrike

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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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