CrowdStrike (NASDAQ:CRWD) Shares Gap Down After Analyst Downgrade

CrowdStrike (NASDAQ:CRWD) shares gapped down prior to trading on Thursday after UBS Group lowered their price target on the stock from $545.00 to $500.00. The stock had previously closed at $422.61, but opened at $410.00. UBS Group currently has a buy rating on the stock. CrowdStrike shares last traded at $434.17, with a volume of 4,077,276 shares changing hands.

A number of other equities research analysts also recently weighed in on CRWD. DZ Bank downgraded CrowdStrike from a “strong-buy” rating to a “strong sell” rating and set a $370.00 price target for the company. in a report on Thursday, May 22nd. Cantor Fitzgerald reissued an “overweight” rating and issued a $475.00 price objective on shares of CrowdStrike in a research note on Tuesday. Wells Fargo & Company increased their price objective on CrowdStrike from $430.00 to $550.00 and gave the company an “overweight” rating in a report on Monday, June 2nd. Canaccord Genuity Group reissued a “hold” rating and set a $475.00 price objective (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $500.00 price objective on shares of CrowdStrike in a research report on Thursday. Twenty-six investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $459.00.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Johanna Flower sold 2,073 shares of the company’s stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director owned 81,383 shares in the company, valued at $38,592,632.43. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO George Kurtz sold 42,267 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. This represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,414 shares of company stock valued at $96,794,738 in the last ninety days. Insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

Institutional investors and hedge funds have recently bought and sold shares of the business. AlphaQuest LLC acquired a new position in shares of CrowdStrike in the second quarter valued at approximately $26,000. Howard Hughes Medical Institute acquired a new stake in CrowdStrike during the second quarter worth approximately $27,000. Financial Gravity Companies Inc. acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $33,000. Financial Management Professionals Inc. boosted its holdings in shares of CrowdStrike by 91.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after purchasing an additional 34 shares in the last quarter. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $36,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

The stock has a market cap of $107.74 billion, a price-to-earnings ratio of -626.49 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a fifty day simple moving average of $463.39 and a two-hundred day simple moving average of $427.49.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company earned $1.04 EPS. CrowdStrike’s 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 expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.