CrowdStrike (NASDAQ:CRWD) President Sells $10,000,000.00 in Stock

CrowdStrike (NASDAQ:CRWD) President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. The trade was a 5.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, September 22nd, Michael Sentonas sold 11,561 shares of CrowdStrike stock. The stock was sold at an average price of $495.69, for a total value of $5,730,672.09.

CrowdStrike Stock Down 1.4%

Shares of CRWD opened at $489.88 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12 month low of $283.80 and a 12 month high of $517.98. The stock’s 50 day moving average is $446.22 and its two-hundred day moving average is $439.56. The firm has a market cap of $122.94 billion, a P/E ratio of -411.66, a PEG ratio of 116.74 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results 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. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company posted $1.04 EPS. The business’s quarterly revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on CRWD shares. Piper Sandler decreased their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. JMP Securities raised their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a research note on Tuesday, September 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $490.00 price objective on shares of CrowdStrike in a research note on Thursday, September 18th. Truist Financial increased their target price on CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Finally, TD Cowen lifted their price target on CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $487.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Cloud Capital Management LLC purchased a new position in CrowdStrike during the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after buying an additional 40 shares during the period. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $26,000. AlphaQuest LLC purchased a new stake in shares of CrowdStrike during the 2nd quarter valued at approximately $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.