CrowdStrike (NASDAQ:CRWD) Trading Down 2.5% on Insider Selling

by · The Markets Daily

CrowdStrike (NASDAQ:CRWD – Get Free Report) shares dropped 2.5% during mid-day trading on Friday following insider selling activity. The stock traded as low as $498.76 and last traded at $504.78. Approximately 2,622,008 shares traded hands during trading, a decline of 23% from the average daily volume of 3,395,836 shares. The stock had previously closed at $517.65.

Specifically, Director Sameer K. Gandhi sold 1,879 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $527.51, for a total value of $991,191.29. Following the completion of the sale, the director owned 763,027 shares in the company, valued at approximately $402,504,372.77. This trade represents a 0.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 550 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $525.45, for a total value of $288,997.50. Following the completion of the transaction, the director directly owned 764,906 shares of the company’s stock, valued at approximately $401,919,857.70. This trade represents a 0.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other CrowdStrike news, Director Denis Oleary sold 7,750 shares of the business’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $515.44, for a total value of $3,994,660.00. Following the sale, the director owned 10,816 shares of the company’s stock, valued at $5,574,999.04. The trade was a 41.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Susquehanna lifted their target price on shares of CrowdStrike from $530.00 to $600.00 and gave the company a “positive” rating in a research report on Wednesday, December 3rd. Cowen reaffirmed a “buy” rating on shares of CrowdStrike in a report on Wednesday, December 3rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of CrowdStrike in a research note on Thursday. Stifel Nicolaus raised their target price on CrowdStrike from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Finally, DZ Bank cut CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price target on the stock. in a research report on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $554.65.

View Our Latest Stock Analysis on CrowdStrike

CrowdStrike Trading Down 2.5%

The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18. The stock has a market cap of $126.68 billion, a P/E ratio of -400.62, a price-to-earnings-growth ratio of 125.76 and a beta of 1.09. The business’s fifty day simple moving average is $516.91 and its 200 day simple moving average is $481.53.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the business earned $0.93 earnings per share. CrowdStrike’s quarterly revenue was up 21.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of CrowdStrike by 6.1% during the 1st quarter. Russell Investments Group Ltd. now owns 136,726 shares of the company’s stock worth $48,223,000 after buying an additional 7,826 shares during the period. National Pension Service grew its position in shares of CrowdStrike by 5.2% during the 1st quarter. National Pension Service now owns 467,070 shares of the company’s stock worth $164,680,000 after buying an additional 23,044 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of CrowdStrike by 9.9% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,773 shares of the company’s stock valued at $2,741,000 after acquiring an additional 698 shares during the last quarter. Finally, Lord Abbett & CO. LLC raised its position in shares of CrowdStrike by 55.9% in the 1st quarter. Lord Abbett & CO. LLC now owns 258,395 shares of the company’s stock valued at $91,105,000 after acquiring an additional 92,665 shares during the period. 71.16% of the stock is currently owned by institutional investors.

About CrowdStrike

(Get Free Report)

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.

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