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

CrowdStrike (NASDAQ:CRWD) CEO George Kurtz sold 6,975 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the completion of the sale, the chief executive officer owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This trade represents a 0.33% decrease in their ownership of the stock. 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 transaction of $8,817,469.90.

CrowdStrike Price Performance

Shares of NASDAQ CRWD traded down $18.00 during trading on Tuesday, hitting $533.92. The company had a trading volume of 2,436,138 shares, compared to its average volume of 2,361,102. The company has a market cap of $133.99 billion, a P/E ratio of -448.67, a PEG ratio of 129.70 and a beta of 1.16. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $555.81. The business’s 50-day moving average is $480.44 and its 200 day moving average is $464.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Robert W. Baird boosted their price objective on CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Zacks Research lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Oppenheimer boosted their target price on shares of CrowdStrike from $520.00 to $560.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. New Street Research set a $460.00 target price on shares of CrowdStrike in a research note on Thursday, August 28th. Finally, Royal Bank Of Canada upped their price target on CrowdStrike from $510.00 to $540.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.80.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently added to or reduced their stakes in CRWD. Asset Planning Inc acquired a new stake in CrowdStrike in the 3rd quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of CrowdStrike in the third quarter worth $25,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike in the second quarter worth $26,000. Howard Hughes Medical Institute acquired a new stake in CrowdStrike in the 2nd quarter worth $27,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in CrowdStrike in the 3rd quarter worth $27,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.