CrowdStrike (NASDAQ:CRWD) CEO Sells $3,835,482.75 in Stock

CrowdStrike (NASDAQ:CRWD) CEO George Kurtz sold 6,975 shares of CrowdStrike stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total value of $3,835,482.75. Following the sale, the chief executive officer directly owned 2,108,082 shares in the company, valued at $1,159,213,210.98. The trade was a 0.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

George Kurtz also recently made the following trade(s):

• On Monday, September 22nd, George Kurtz sold 17,830 shares of CrowdStrike stock. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90.

CrowdStrike Stock Performance

CRWD traded down $18.00 during trading on Tuesday, reaching $533.92. 2,436,138 shares of the company’s stock were exchanged, compared to its average volume of 2,361,102. The company has a market capitalization of $133.99 billion, a P/E ratio of -448.67, a PEG ratio of 129.70 and a beta of 1.16. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average price of $480.44 and a 200 day moving average price of $464.34. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $555.81.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The business’s revenue for the quarter 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. As a group, analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Arete Research set a $706.00 price objective on CrowdStrike in a report on Tuesday, October 28th. Piper Sandler decreased their price target on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research note on Thursday, August 28th. Evercore ISI boosted their price target on CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $490.00 price target on shares of CrowdStrike in a research note on Thursday, September 18th. Finally, DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a research note on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $510.80.

Hedge Funds Weigh In On CrowdStrike

Large investors have recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after purchasing an additional 2,417 shares during the period. DAVENPORT & Co LLC raised its stake in CrowdStrike by 9.1% during the 1st quarter. DAVENPORT & Co LLC now owns 2,911 shares of the company’s stock worth $1,026,000 after buying an additional 243 shares during the period. Wayfinding Financial LLC acquired a new stake in CrowdStrike during the 1st quarter worth $63,000. HM Payson & Co. raised its stake in CrowdStrike by 16.6% during the 1st quarter. HM Payson & Co. now owns 764 shares of the company’s stock worth $269,000 after buying an additional 109 shares during the period. Finally, Concurrent Investment Advisors LLC raised its position in shares of CrowdStrike by 6.3% during the first quarter. Concurrent Investment Advisors LLC now owns 7,157 shares of the company’s stock worth $2,524,000 after purchasing an additional 421 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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.