CrowdStrike (NASDAQ:CRWD) President Sells $5,150,000.00 in Stock

CrowdStrike (NASDAQ:CRWD) President Michael Sentonas sold 10,000 shares of the 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 completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Michael Sentonas also recently made the following trade(s):

• On Wednesday, October 8th, Michael Sentonas sold 15,000 shares of CrowdStrike stock. The shares were sold at an average price of $505.00, for a total transaction of $7,575,000.00.
• On Wednesday, October 1st, Michael Sentonas sold 20,000 shares of CrowdStrike stock. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00.
• On Monday, September 22nd, Michael Sentonas sold 11,561 shares of CrowdStrike stock. The stock was sold at an average price of $495.69, for a total transaction of $5,730,672.09.

CrowdStrike Trading Down 3.0%

Shares of CrowdStrike stock opened at $493.66 on Monday. 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 has a market capitalization of $123.89 billion, a P/E ratio of -414.84, a PEG ratio of 116.01 and a beta of 1.19. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98. The company’s fifty day moving average is $450.04 and its two-hundred day moving average is $444.95.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results 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 the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm earned $1.04 earnings per share. The business’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 forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC grew its holdings in shares of CrowdStrike by 54,635.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after acquiring an additional 4,285,640 shares during the period. Norges Bank acquired a new position in CrowdStrike during the second quarter worth $1,638,365,000. Nuveen LLC purchased a new stake in CrowdStrike during the first quarter worth $595,766,000. Jennison Associates LLC grew its holdings in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. Finally, Vestor Capital LLC grew its holdings in CrowdStrike by 269,840.3% in the second quarter. Vestor Capital LLC now owns 977,184 shares of the company’s stock valued at $497,690,000 after purchasing an additional 976,822 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $490.00 target price on shares of CrowdStrike in a research note on Thursday, September 18th. Capital One Financial increased their price target on CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Daiwa Capital Markets boosted their price objective on shares of CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. UBS Group cut their price objective on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, Cantor Fitzgerald raised their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $493.33.

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.