CrowdStrike (NASDAQ:CRWD) Trading Up 1.5% – Still a Buy?

CrowdStrike (NASDAQ:CRWD)’s share price rose 1.5% during mid-day trading on Monday . The stock traded as high as $490.50 and last traded at $488.45. Approximately 2,175,980 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 3,695,980 shares. The stock had previously closed at $481.42.

Analyst Ratings Changes

Several research firms recently commented on CRWD. DA Davidson upped their price target on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Cfra reiterated a “hold” rating and set a $555.00 price objective (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Raymond James Financial restated an “outperform” rating and issued a $485.00 price target (up previously from $390.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. KeyCorp lifted their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Finally, Sanford C. Bernstein decreased their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $483.79.

CrowdStrike Trading Up 1.5%

The company has a market cap of $122.58 billion, a price-to-earnings ratio of -410.46, a P/E/G ratio of 113.13 and a beta of 1.12. 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 firm’s fifty day moving average price is $443.79 and its 200-day moving average price is $436.03.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,762 shares of the business’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer directly owned 37,255 shares in the company, valued at approximately $17,972,184.55. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Michael Sentonas sold 11,561 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $495.69, for a total transaction of $5,730,672.09. Following the completion of the sale, the president owned 399,116 shares in the company, valued at approximately $197,837,810.04. This trade represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 128,513 shares of company stock valued at $60,652,048. Corporate insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in CrowdStrike by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock valued at $11,933,425,000 after acquiring an additional 596,007 shares in the last quarter. State Street Corp grew its stake in CrowdStrike by 3.6% during the 2nd quarter. State Street Corp now owns 10,804,651 shares of the company’s stock valued at $5,502,917,000 after acquiring an additional 370,965 shares in the last quarter. Jennison Associates LLC grew its stake in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of CrowdStrike by 5.0% in 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 buying an additional 273,922 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its position 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 purchasing an additional 4,285,640 shares during the period. 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.