CrowdStrike (NASDAQ:CRWD) Trading Down 2.5% Following Insider Selling

Shares of CrowdStrike (NASDAQ:CRWD) were down 2.5% during trading on Friday following insider selling activity. The company traded as low as $498.76 and last traded at $504.78. Approximately 2,622,008 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 3,395,836 shares. The stock had previously closed at $517.65.

Specifically, Director Sameer K. Gandhi sold 1,879 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $527.51, for a total value of $991,191.29. Following the transaction, the director owned 763,027 shares in the company, valued at approximately $402,504,372.77. The trade was a 0.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 550 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $525.45, for a total transaction of $288,997.50. Following the sale, the director owned 764,906 shares of the company’s stock, valued at approximately $401,919,857.70. This trade represents a 0.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In related news, Director Denis Oleary sold 7,750 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the sale, the director owned 10,816 shares in the company, valued at $5,574,999.04. This represents a 41.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on CrowdStrike from $500.00 to $580.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Wedbush reiterated an “outperform” rating and set a $600.00 target price on shares of CrowdStrike in a research report on Monday, December 1st. Wells Fargo & Company increased their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. DA Davidson reaffirmed a “buy” rating and issued a $580.00 price target on shares of CrowdStrike in a research note on Wednesday, December 3rd. Finally, Daiwa Capital Markets upped their price objective on shares of CrowdStrike from $530.00 to $560.00 and gave the company an “outperform” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have given a Hold rating and two have 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 $554.65.

CrowdStrike Stock Performance

The company has a 50-day moving average of $517.20 and a 200-day moving average of $481.94. The company has a market cap of $127.26 billion, a PE ratio of -400.62, a PEG ratio of 122.18 and a beta of 1.09. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the firm posted $0.93 EPS. CrowdStrike’s quarterly revenue 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. As a group, analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after buying an additional 2,417 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of CrowdStrike by 92.2% during the first quarter. Vestmark Advisory Solutions Inc. now owns 4,504 shares of the company’s stock valued at $1,588,000 after acquiring an additional 2,160 shares during the last quarter. Aberdeen Group plc lifted its holdings in CrowdStrike by 114.6% during the first quarter. Aberdeen Group plc now owns 140,223 shares of the company’s stock worth $48,684,000 after acquiring an additional 74,882 shares during the period. Ethic Inc. boosted its position in CrowdStrike by 6.0% in the first quarter. Ethic Inc. now owns 21,073 shares of the company’s stock worth $7,636,000 after purchasing an additional 1,192 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in CrowdStrike by 12.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 3,699 shares of the company’s stock valued at $1,304,000 after purchasing an additional 406 shares during the period. 71.16% of the stock is owned by 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.