CrowdStrike (NASDAQ:CRWD) Stock Price Down 2.1% – What’s Next?

CrowdStrike (NASDAQ:CRWD) traded down 2.1% on Thursday . The company traded as low as $510.26 and last traded at $513.12. 2,463,678 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 3,429,250 shares. The stock had previously closed at $524.17.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Scotiabank reaffirmed an “outperform” rating on shares of CrowdStrike in a research report on Wednesday. The Goldman Sachs Group boosted their price target on shares of CrowdStrike from $535.00 to $564.00 and gave the stock a “buy” rating in a report on Wednesday. BTIG Research restated a “buy” rating and set a $640.00 price target on shares of CrowdStrike in a research report on Wednesday. KeyCorp lifted their price objective on shares of CrowdStrike from $510.00 to $570.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Susquehanna boosted their target price on shares of CrowdStrike from $530.00 to $600.00 and gave the company a “positive” rating in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $555.51.

CrowdStrike Stock Down 2.1%

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The company has a fifty day moving average price of $513.60 and a 200 day moving average price of $478.78. The company has a market cap of $128.77 billion, a PE ratio of -407.24, a price-to-earnings-growth ratio of 121.77 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.20%. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the company posted $0.93 EPS. The business’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 anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 6,975 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the completion of the transaction, the chief executive officer directly owned 2,108,082 shares of the company’s stock, valued at approximately $1,159,213,210.98. This represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the transaction, the president directly owned 354,116 shares of the company’s stock, valued at $182,369,740. The trade was a 2.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 110,372 shares of company stock valued at $55,996,956. Insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently modified their holdings of CRWD. Disciplined Equity Management Inc. boosted its position in CrowdStrike by 0.8% during the 3rd quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock valued at $1,179,000 after acquiring an additional 20 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in shares of CrowdStrike by 6.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 334 shares of the company’s stock valued at $164,000 after purchasing an additional 20 shares during the period. Financially Speaking Inc lifted its stake in shares of CrowdStrike by 26.7% in the 3rd quarter. Financially Speaking Inc now owns 95 shares of the company’s stock valued at $47,000 after purchasing an additional 20 shares during the period. Catalyst Financial Partners LLC boosted its position in shares of CrowdStrike by 1.6% during the third quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company’s stock valued at $611,000 after purchasing an additional 20 shares in the last quarter. Finally, Fire Capital Management LLC grew its stake in CrowdStrike by 1.7% in the third quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock worth $608,000 after purchasing an additional 21 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

About CrowdStrike

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.