CrowdStrike (NASDAQ:CRWD) President Michael Sentonas Sells 10,000 Shares of Stock

CrowdStrike (NASDAQ:CRWD) President Michael Sentonas sold 10,000 shares of the stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president owned 354,116 shares of the company’s stock, valued at approximately $182,369,740. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, October 8th, Michael Sentonas sold 15,000 shares of CrowdStrike stock. The stock was 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.
• 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 Performance

Shares of CrowdStrike stock opened at $493.66 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. The business has a 50-day moving average price of $450.04 and a two-hundred day moving average price of $443.90. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $517.98. The company has a market cap of $123.89 billion, a P/E ratio of -414.84, a PEG ratio of 119.64 and a beta of 1.19.

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

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently added to or reduced their stakes in the stock. AlphaQuest LLC bought a new position in shares of CrowdStrike during the 2nd quarter worth approximately $26,000. Howard Hughes Medical Institute bought a new position in shares of CrowdStrike during the 2nd quarter worth approximately $27,000. Financial Gravity Companies Inc. bought a new position in shares of CrowdStrike during the 2nd quarter worth approximately $33,000. Financial Management Professionals Inc. lifted its position in shares of CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after buying an additional 34 shares in the last quarter. Finally, Loomis Sayles & Co. L P bought a new position in shares of CrowdStrike during the 2nd quarter worth approximately $36,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRWD shares. Barclays raised their target price on CrowdStrike from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. BMO Capital Markets raised their target price on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. TD Cowen raised their target price on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Evercore ISI raised their target price on CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. Finally, BTIG Research restated a “buy” rating and issued a $489.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $493.33.

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.