CrowdStrike (NASDAQ:CRWD) CFO Sells $6,533,543.10 in Stock

CrowdStrike (NASDAQ:CRWD) CFO Burt Podbere sold 15,918 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $410.45, for a total value of $6,533,543.10. Following the sale, the chief financial officer owned 195,523 shares in the company, valued at approximately $80,252,415.35. This represents a 7.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CrowdStrike Trading Down 4.9%

NASDAQ CRWD opened at $392.99 on Wednesday. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $422.08 and a 200-day moving average of $469.93. The company has a market cap of $99.67 billion, a PE ratio of -531.06, a PEG ratio of 18.13 and a beta of 1.06.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its stake in shares of CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock valued at $2,186,714,000 after acquiring an additional 4,285,640 shares in the last quarter. Norges Bank acquired a new stake in CrowdStrike in the 4th quarter worth about $1,699,545,000. Northwestern Mutual Wealth Management Co. raised its stake in CrowdStrike by 310.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 872,491 shares of the company’s stock worth $408,989,000 after purchasing an additional 659,705 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in CrowdStrike by 232.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 714,165 shares of the company’s stock valued at $334,772,000 after purchasing an additional 499,353 shares during the period. Finally, Employees Provident Fund Board bought a new stake in CrowdStrike in the 4th quarter valued at about $216,342,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Evercore dropped their target price on shares of CrowdStrike from $460.00 to $375.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CrowdStrike in a report on Monday, December 29th. Berenberg Bank set a $600.00 price target on CrowdStrike and gave the stock a “buy” rating in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft dropped their price objective on CrowdStrike from $475.00 to $440.00 and set a “hold” rating on the stock in a research note on Wednesday, March 4th. Finally, Needham & Company LLC cut their price objective on CrowdStrike from $575.00 to $475.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $506.26.

More CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike launched multiple AI-centric product suites (Agentic MDR, Falcon Data Security, adversary-informed cloud risk prioritization) that reinforce its positioning as an AI-native security platform; these are clear long-term revenue and upsell catalysts. Adversary-Informed Cloud Risk Prioritization
• Positive Sentiment: CrowdStrike introduced Agentic MDR and Flex for Services to monetize managed services and flexible consumption — a move that can expand ARR and attach high-margin services to the Falcon platform. Flex for Services
• Positive Sentiment: Integration wins and partnerships — notably Falcon Next‑Gen SIEM support for Microsoft Defender — help crowdstrike broaden TAM and ease enterprise adoption friction. Microsoft Defender integration
• Neutral Sentiment: Short‑interest data reports for March appear inconsistent (zeros/NaN across feeds), so published “big increase” headlines may be noisy — treat short‑interest signals cautiously.
• Negative Sentiment: Today’s sell‑off looks driven more by sector rotation: risk‑off sentiment in high‑multiple software and fears that AI tools (and large cloud players) could pressure pricing and growth expectations for premium security vendors. QuiverQuant analysis
• Negative Sentiment: News and chatter about third‑party AI automation (e.g., Amazon) raising questions about the SaaS model and enterprise AI spend has added to near‑term pressure. Benzinga coverage
• Negative Sentiment: Analyst price‑target trims on expensive software multiples and visible insider selling/portfolio reshuffling among large institutions have incrementally weighed on sentiment, making CRWD more sensitive to market pullbacks. Insider & analyst notes

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.