CrowdStrike (NASDAQ:CRWD) President Sells $5,498,758.58 in Stock

CrowdStrike (NASDAQ:CRWD) President Michael Sentonas sold 11,461 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $479.78, for a total transaction of $5,498,758.58. Following the sale, the president directly owned 342,655 shares of the company’s stock, valued at approximately $164,399,015.90. The trade was a 3.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Michael Sentonas also recently made the following trade(s):

• On Friday, October 10th, Michael Sentonas sold 10,000 shares of CrowdStrike stock. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00.
• On Wednesday, October 8th, Michael Sentonas sold 15,000 shares of CrowdStrike stock. The shares were sold at an average price of $505.00, for a total value of $7,575,000.00.
• On Wednesday, October 1st, Michael Sentonas sold 20,000 shares of CrowdStrike stock. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $476.35 on Friday. 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 business has a 50 day moving average price of $514.35 and a 200-day moving average price of $482.52. The company has a market cap of $120.09 billion, a PE ratio of -378.06, a price-to-earnings-growth ratio of 114.76 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last announced 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. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.CrowdStrike’s revenue was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Equities analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Scotiabank restated an “outperform” rating on shares of CrowdStrike in a report on Wednesday, December 3rd. HSBC upped their target price on CrowdStrike from $417.00 to $446.00 and gave the company a “hold” rating in a report on Thursday, December 4th. The Goldman Sachs Group lifted their price target on CrowdStrike from $535.00 to $564.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. BTIG Research restated a “buy” rating and issued a $640.00 price objective on shares of CrowdStrike in a research note on Wednesday, December 3rd. Finally, Truist Financial raised their target price on CrowdStrike from $550.00 to $600.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $555.10.

Institutional Investors Weigh In On CrowdStrike

Several institutional investors have recently added to or reduced their stakes in CRWD. Advyzon Investment Management LLC raised its holdings in shares of CrowdStrike by 142.9% during the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after buying an additional 533 shares in the last quarter. Perpetual Ltd grew its holdings in shares of CrowdStrike by 205.9% in the third quarter. Perpetual Ltd now owns 1,554 shares of the company’s stock worth $762,000 after purchasing an additional 1,046 shares during the last quarter. Draper Asset Management LLC boosted its position in shares of CrowdStrike by 59.1% during the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after purchasing an additional 1,619 shares in the last quarter. Grant Private Wealth Management Inc purchased a new stake in CrowdStrike in the third quarter worth $1,690,000. Finally, Geneos Wealth Management Inc. raised its holdings in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.