CrowdStrike (NASDAQ:CRWD) Trading Up 6.2% – Here’s What Happened

CrowdStrike (NASDAQ:CRWD)’s share price shot up 6.2% during trading on Tuesday . The company traded as high as $423.73 and last traded at $423.23. 4,555,964 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 3,879,916 shares. The stock had previously closed at $398.61.

Key Stories Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike’s board increased its share-repurchase authorization, bringing the total program to $1.5 billion—seen as a direct capital-return signal and a way to support the stock. CrowdStrike Expands Buyback Authorization To $1.5 Billion After Record Q4 FY26
• Positive Sentiment: Management framed the buyback increase as supported by AI-driven demand and long-term growth goals (CFO cited AI tailwinds and an ARR target), reinforcing investor belief in durable revenue expansion. CrowdStrike Unveils $500 Million Buyback Boost
• Positive Sentiment: CrowdStrike was named a “Customers’ Choice” in Gartner Peer Insights’ 2026 Voice of the Customer for Managed Detection and Response — a credibility boost that can help sales and retention in an AI-driven threat environment. CrowdStrike Named a Customers’ Choice in the 2026 Gartner Peer Insights™ ‘Voice of the Customer’ for Managed Detection and Response Report
• Neutral Sentiment: Coverage and analysis pieces note that the buyback is a strategic response to a perceived gap between CrowdStrike’s growth prospects and current valuation — helpful context but not a guarantee of sustained outperformance. CrowdStrike Just Bet Big On the Huge Disconnect Between Growth and Its Stock
• Neutral Sentiment: Analyst-focused coverage examines sell-side ratings and whether Wall Street’s bullish views justify buying now — useful for positioning but mixed in near-term signaling. Is It Worth Investing in CrowdStrike (CRWD) Based on Wall Street’s Bullish Views?

Wall Street Analyst Weigh In

A number of research firms have recently commented on CRWD. BNP Paribas Exane dropped their price objective on CrowdStrike from $450.00 to $400.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $550.00 price objective on shares of CrowdStrike in a research note on Tuesday, March 17th. DZ Bank upgraded CrowdStrike from a “sell” rating to a “buy” rating and set a $490.00 price objective on the stock in a research note on Wednesday, March 11th. Piper Sandler upgraded CrowdStrike from a “neutral” rating to an “overweight” rating and set a $520.00 price objective on the stock in a research note on Monday, March 2nd. Finally, Robert W. Baird dropped their price objective on CrowdStrike from $550.00 to $450.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $504.98.

CrowdStrike Stock Up 6.2%

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.77 and a quick ratio of 1.77. The firm has a 50 day moving average of $410.52 and a 200-day moving average of $466.59. The stock has a market capitalization of $107.34 billion, a P/E ratio of -571.92, a price-to-earnings-growth ratio of 17.51 and a beta of 1.07.

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

CrowdStrike announced that its board has authorized a share repurchase plan on Monday, April 6th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 0.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,138 shares of CrowdStrike stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $411.06, for a total transaction of $467,786.28. Following the sale, the chief accounting officer directly owned 42,588 shares of the company’s stock, valued at approximately $17,506,223.28. The trade was a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO George Kurtz sold 28,853 shares of CrowdStrike stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $413.01, for a total value of $11,916,577.53. Following the sale, the chief executive officer directly owned 2,054,902 shares in the company, valued at $848,695,075.02. The trade was a 1.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 68,636 shares of company stock valued at $28,690,657. Corporate insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in CrowdStrike by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 24,216,545 shares of the company’s stock valued at $11,351,748,000 after purchasing an additional 340,047 shares in the last quarter. State Street Corp boosted its holdings in shares of CrowdStrike by 2.2% in the 4th quarter. State Street Corp now owns 11,161,718 shares of the company’s stock worth $5,232,167,000 after acquiring an additional 239,428 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of CrowdStrike by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 5,947,969 shares of the company’s stock worth $2,777,227,000 after acquiring an additional 137,224 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of CrowdStrike by 1.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,271,691 shares of the company’s stock worth $2,002,398,000 after acquiring an additional 53,813 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $1,699,545,000. 71.16% of the stock is owned by institutional investors and hedge funds.

About CrowdStrike

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.