CrowdStrike (NASDAQ:CRWD) Cut to Strong Sell at Mizuho

CrowdStrike (NASDAQ:CRWD) was downgraded by stock analysts at Mizuho from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

CRWD has been the topic of several other research reports. Citigroup restated an “outperform” rating on shares of CrowdStrike in a research report on Tuesday. Daiwa Capital Markets raised their target price on CrowdStrike from $475.00 to $530.00 and gave the stock an “outperform” rating in a research note on Wednesday. Morgan Stanley raised their target price on CrowdStrike from $460.00 to $475.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 18th. BMO Capital Markets lifted their price objective on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. Finally, Evercore ISI boosted their target price on CrowdStrike from $405.00 to $430.00 in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $483.79.

CrowdStrike Stock Down 0.7%

Shares of CRWD opened at $473.09 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 12 month low of $272.67 and a 12 month high of $517.98. The stock’s 50 day moving average is $443.68 and its two-hundred day moving average is $433.66. The firm has a market cap of $118.73 billion, a P/E ratio of -397.55, a PEG ratio of 111.93 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned $1.04 earnings per share. CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 129,066 shares of company stock worth $60,934,078 over the last quarter. 3.32% of the stock is owned by insiders.

Institutional Investors Weigh In On CrowdStrike

Institutional investors and hedge funds have recently modified their holdings of the company. Cloud Capital Management LLC acquired a new stake in shares of CrowdStrike in the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after acquiring an additional 40 shares during the period. Vision Financial Markets LLC purchased a new stake in CrowdStrike in the 1st quarter valued at approximately $26,000. AlphaQuest LLC purchased a new stake in CrowdStrike in the 2nd quarter valued at approximately $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its stake in CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 58 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.