CrowdStrike (NASDAQ:CRWD) Shares Up 1.5% After Strong Earnings

CrowdStrike (NASDAQ:CRWD) shares traded up 1.5% during trading on Wednesday following a better than expected earnings announcement. The stock traded as high as $525.00 and last traded at $524.17. 5,546,517 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 3,433,291 shares. The stock had previously closed at $516.55.

The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The firm’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS.

Analyst Ratings Changes

CRWD has been the topic of a number of recent analyst reports. KeyCorp boosted their target price on CrowdStrike from $510.00 to $570.00 and gave the stock an “overweight” rating in a research report on Monday. Truist Financial lifted their price objective on shares of CrowdStrike from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Susquehanna lifted their price target on CrowdStrike from $530.00 to $600.00 and gave the company a “positive” rating in a report on Wednesday. Barclays increased their target price on shares of CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Finally, Evercore ISI raised their price target on CrowdStrike from $430.00 to $460.00 and gave the stock an “in-line” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $555.51.

Insider Transactions at CrowdStrike

In other news, President Michael Sentonas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. This represents a 5.01% 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 this hyperlink. Also, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the transaction, the director directly owned 79,057 shares in the company, valued at $38,815,405.86. This trade represents a 2.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 110,372 shares of company stock worth $55,996,956. Corporate insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Asset Planning Inc acquired a new position in shares of CrowdStrike during the third quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in CrowdStrike during the third quarter valued at about $25,000. Anchor Investment Management LLC bought a new stake in shares of CrowdStrike in the 3rd quarter worth approximately $25,000. AlphaQuest LLC bought a new stake in shares of CrowdStrike during the second quarter valued at approximately $26,000. Finally, Logan Capital Management Inc. bought a new stake in shares of CrowdStrike during the third quarter valued at approximately $26,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 2.1%

The business has a 50 day moving average of $514.40 and a 200 day moving average of $479.02. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.88. The firm has a market capitalization of $128.77 billion, a price-to-earnings ratio of -407.24, a price-to-earnings-growth ratio of 123.56 and a beta of 1.09.

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.