CrowdStrike (NASDAQ:CRWD) Trading 4.5% Higher – Here’s Why

by · The Markets Daily

CrowdStrike (NASDAQ:CRWDGet Free Report) shares were up 4.5% during mid-day trading on Wednesday . The stock traded as high as $486.55 and last traded at $478.91. Approximately 3,956,426 shares were traded during trading, an increase of 29% from the average daily volume of 3,058,643 shares. The stock had previously closed at $458.32.

Trending Headlines about CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

Wall Street Analyst Weigh In

CRWD has been the topic of several recent research reports. TD Cowen lifted their price objective on CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Scotiabank reaffirmed an “outperform” rating on shares of CrowdStrike in a research report on Wednesday, December 3rd. Canaccord Genuity Group lifted their price target on shares of CrowdStrike from $500.00 to $515.00 and gave the stock a “hold” rating in a research note on Wednesday, December 3rd. BNP Paribas Exane increased their price objective on shares of CrowdStrike from $350.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. Finally, BMO Capital Markets raised their price objective on shares of CrowdStrike from $500.00 to $555.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Thirty-three investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $555.10.

View Our Latest Analysis on CRWD

CrowdStrike Trading Up 1.5%

The firm has a market cap of $118.64 billion, a P/E ratio of -373.50, a price-to-earnings-growth ratio of 111.57 and a beta of 1.03. 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 company’s fifty day moving average price is $502.48 and its two-hundred day moving average price is $481.62.

CrowdStrike (NASDAQ:CRWDGet Free Report) last released its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The company’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 earnings per share. 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, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other CrowdStrike news, President Michael Sentonas sold 11,461 shares of CrowdStrike stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $479.78, for a total value of $5,498,758.58. Following the completion of the transaction, the president owned 342,655 shares in the company, valued at approximately $164,399,015.90. The trade was a 3.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 836 shares of the business’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $476.83, for a total value of $398,629.88. Following the completion of the transaction, the chief accounting officer directly owned 43,726 shares in the company, valued at approximately $20,849,868.58. This represents a 1.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 73,395 shares of company stock worth $36,920,217. 3.32% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds have recently added to or reduced their stakes in CRWD. Asset Planning Inc bought a new position in shares of CrowdStrike in the 3rd quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd acquired a new position in CrowdStrike in the third quarter valued at approximately $25,000. Anchor Investment Management LLC bought a new position in CrowdStrike in the third quarter valued at approximately $25,000. AlphaQuest LLC bought a new position in CrowdStrike in the second quarter valued at approximately $26,000. Finally, Miller Global Investments LLC acquired a new stake in CrowdStrike during the 4th quarter worth $26,000. Institutional investors own 71.16% of the company’s stock.

About CrowdStrike

(Get Free Report)

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.

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