CrowdStrike (NASDAQ:CRWD) Downgraded to “Sell” Rating by DZ Bank

CrowdStrike (NASDAQ:CRWD) was downgraded by equities researchers at DZ Bank from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday, Marketbeat.com reports. They presently have a $440.00 price objective on the stock. DZ Bank’s price objective suggests a potential downside of 9.11% from the stock’s previous close.

CRWD has been the subject of several other research reports. Raymond James Financial reaffirmed an “outperform” rating and set a $485.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Needham & Company LLC upped their price objective on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Susquehanna upped their price objective on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a “positive” rating in a research report on Wednesday, June 4th. Evercore ISI upped their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. Finally, Zacks Research raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $478.88.

CrowdStrike Trading Down 1.8%

CRWD stock opened at $484.10 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company’s 50-day simple moving average is $443.50 and its 200 day simple moving average is $432.22. CrowdStrike has a 52 week low of $272.67 and a 52 week high of $517.98. The company has a market capitalization of $121.49 billion, a PE ratio of -406.80, a price-to-earnings-growth ratio of 115.88 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the business posted $1.04 earnings per share. 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. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other news, Director Johanna Flower sold 2,073 shares of the firm’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total transaction of $983,037.33. Following the completion of the sale, the director owned 81,383 shares of the company’s stock, valued at $38,592,632.43. This trade represents a 2.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the sale, the director directly owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 84,973 shares of company stock worth $39,121,937. Corporate insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRWD. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares in the last quarter. State Street Corp boosted its stake in CrowdStrike by 3.6% in the second quarter. State Street Corp now owns 10,804,651 shares of the company’s stock worth $5,502,917,000 after buying an additional 370,965 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock worth $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after purchasing an additional 4,285,640 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

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.