CrowdStrike (NASDAQ:CRWD) Shares Down 5.9% – Time to Sell?

CrowdStrike (NASDAQ:CRWD)’s share price was down 5.9% during mid-day trading on Friday . The company traded as low as $361.81 and last traded at $369.58. Approximately 6,000,705 shares traded hands during trading, an increase of 51% from the average daily volume of 3,976,011 shares. The stock had previously closed at $392.62.

CrowdStrike News Summary

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike announced expanded strategic collaborations with IBM and Intel to integrate its Charlotte AI/AgentWorks and Falcon platform into broader SOC and endpoint ecosystems — a material product/GTM push that supports long‑term ARR expansion. CrowdStrike and IBM Expand Strategic Collaboration
• Positive Sentiment: CrowdStrike rolled out AI‑native products and the Charlotte AI AgentWorks ecosystem at RSA 2026, reinforcing its position as an “AI security OS” and creating multiple upsell/service avenues. Autonomous Security and the New AI Arms Race
• Neutral Sentiment: Analyst coverage remains mixed: several firms reaffirm buys but some have trimmed targets — consensus still rates CRWD a moderate buy, suggesting expectations are divergent and the stock is sensitive to news. CRWD analyst coverage and targets
• Negative Sentiment: Reports that Anthropic’s upcoming model could deliver advanced cybersecurity features triggered a sector‑wide selloff, with headlines explicitly citing potential competitive risks for CrowdStrike. CRWD, PANW, OKTA, ZS stocks tumble — what’s the Anthropic connection?
• Negative Sentiment: Earnings/quarterly commentary have disappointed some investors who expected a stronger re‑acceleration; coverage notes this contributed to today’s weakness as growth multiple sentiment cools. CrowdStrike Slides 7%
• Negative Sentiment: Disclosed insider selling (including several executive sales reported March 23–26) has amplified negative sentiment and raised short‑term investor caution. CrowdStrike insider selling

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CRWD. Jefferies Financial Group dropped their price objective on shares of CrowdStrike from $600.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. BTIG Research reduced their target price on shares of CrowdStrike from $640.00 to $499.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Mizuho decreased their price target on shares of CrowdStrike from $540.00 to $490.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Susquehanna lifted their price target on shares of CrowdStrike from $530.00 to $600.00 and gave the stock a “positive” rating in a research note on Wednesday, December 3rd. Finally, Capital One Financial cut their price objective on shares of CrowdStrike from $600.00 to $590.00 and set an “overweight” rating for the company in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $506.26.

CrowdStrike Stock Down 5.9%

The company has a market capitalization of $93.73 billion, a PE ratio of -499.43, a price-to-earnings-growth ratio of 16.93 and a beta of 1.06. The company’s fifty day moving average is $419.34 and its 200-day moving average is $468.81. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.02. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.30 billion. CrowdStrike had a negative net margin of 3.81% and a negative return on equity of 0.14%. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 earnings per share. As a group, analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In related news, CFO Burt W. Podbere sold 15,918 shares of CrowdStrike stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $410.45, for a total transaction of $6,533,543.10. Following the transaction, the chief financial officer owned 195,523 shares in the company, valued at approximately $80,252,415.35. The trade was a 7.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael Sentonas sold 19,367 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $411.06, for a total transaction of $7,960,999.02. Following the completion of the transaction, the president directly owned 406,944 shares of the company’s stock, valued at $167,278,400.64. This represents a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 116,469 shares of company stock worth $48,369,351. 3.32% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently made changes to their positions in CRWD. Asset Planning Inc purchased a new stake in shares of CrowdStrike during the third quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in CrowdStrike in the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC purchased a new position in CrowdStrike in the 3rd quarter worth approximately $25,000. Logan Capital Management Inc. bought a new position in CrowdStrike in the 3rd quarter worth approximately $26,000. Finally, Howard Hughes Medical Institute bought a new position in CrowdStrike in the 2nd quarter worth approximately $27,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.